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SQUAWK BOX, WEDNESDAY 24TH FEBRUARY 2021
SQUAWK BOX, WEDNESDAY 24TH FEBRUARY 2021
ratings:
Length:
26 minutes
Released:
Feb 24, 2021
Format:
Podcast episode
Description
Whipsawing on Wall Street. The Dow manages to claw back a 360-point loss to end yesterday’s session in the green following Federal Reserve Chairman Jerome Powell’s attempts to ease concerns about higher rates and inflation during a Senate testimony. Bitcoin is also volatile, temporarily falling below the $50k-mark, but recouping some losses after payment company Square invested $170m in the cryptocurrency. In autos news, Tesla shares nosedive by up to 13 per cent on the markets’ rotation away from tech stocks. The electric car maker’s stock is now in negative territory for the year. And Hyundai suffers the world’s costliest EV recall after up to 82,000 cars are deemed susceptible to battery fires. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Feb 24, 2021
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, WEDNESDAY 20TH MARCH, 2019 by Squawk Box Europe Express