Closing Bell: Stocks plummet to end the week, Cleveland Fed President weighs in on rate hikes 4/22/22

Closing Bell: Stocks plummet to end the week, Cleveland Fed President weighs in on rate hikes 4/22/22

  • Af
  • Episode
      59
  • Published
      22. apr. 2022
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Episode
59 of 1987
Længde
59M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

Stocks got slammed on the final day of the week, with the Dow turning lower for the month – joining the S&P 500 and the Nasdaq. Cleveland Fed President Loretta Mester outlines her views on rate policy – including whether or not she thinks a 75 basis-point hike is appropriate. Analyst Brent Thill breaks down the tech trade ahead of a massive week of earnings for the mega-caps. And retail expert Dana Telsey discusses the trade on Gap – which shed nearly a fifth of its value after cutting sales guidance. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.


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