Stocks Post Worst Day of Year, as Consumer Stocks Flash Warning Signs 2/21/23

Stocks Post Worst Day of Year, as Consumer Stocks Flash Warning Signs 2/21/23

  • Af
  • Episode
    • 1311
  • Published
    • 22. feb. 2023
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Episode
1311 of 2000
Længde
43M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

The Dow dropped nearly 700 points and fell back into negative territory for the year and the Nasdaq fell 2.5%. The moves coming after stark warnings from Home Depot and Walmart about the strength of the consumer this year. We’re joined by former Walmart U.S. CEO Bill Simon to give his take on the retailers’ results, plus Canaccord’s Tony Dwyer on why he thinks there’s more pain to come for the markets.

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