Closing Bell: Downbeat data and hawkish talk sinks market, Jack Lew’s economic outlook, Snap CEO talks user growth 2/16/23

Closing Bell: Downbeat data and hawkish talk sinks market, Jack Lew’s economic outlook, Snap CEO talks user growth 2/16/23

  • Af
  • Afsnit
    • 471
  • Udgivet
    • 16. feb. 2023
  • Forlag
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Afsnit
471 of 2000
Længde
46M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

The major averages gave up a failed comeback attempt following downbeat inflation and housing data, and hawkish fed talk. Former Treasury Secretary Jack Lew discusses what he sees in the economy, as some numbers show resilience while others show cracks. Snap CEO Evan Spiegel joins for an exclusive interview on the back of the company’s investor day presentation. Analyst Colin Rusch breaks down a big selloff for Tesla, after the automaker recalled more than 350,000 vehicles over self-driving software concerns. Plus the latest on crypto’s strong week, Shopify’s drop, and Labcorp’s CEO on post-pandemic plans.

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