In intraday trading, stocks are rebounding off yesterday’s losses, and the brave bulls are out again on the banks.
Plus, Cramer explains why Cisco's next year be on the bullish side of the spectrum.
The traditional cable bundle is not dead and still offers great value, Disney Chairman and CEO Bob Iger tells CNBC.
"This was just an extraordinary reversal of how a guy feels about a stock," Cramer said.
Bob Iger will not rule out future acquisitions of intellectual property, but said Disney currently has a great hand.
If the jobs report comes in strong on Friday, it could lead to a selloff of U.S. Treasurys that day, said a chief U.S. economist.
Carl Quintanilla is an Emmy-winning reporter and co-anchor of CNBC's "Squawk on the Street," broadcast live from the NYSE.
Simon Hobbs co-anchors the 10 a.m. hour of CNBC's "Squawk on the Street" live from the New York Stock Exchange.
Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."
“Squawk on the Street” Co-Anchor
Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.