12 min listen
Stock Market Today: META Strength & DIS, NCLH Weakness
FromSchwab Network
ratings:
Length:
4 minutes
Released:
Nov 9, 2022
Format:
Podcast episode
Description
Dow Jones today finished down around 2% along with the S&P 500 Index or SPX, Nasdaq-100, and Russell 2000. Stocks fell for the first time in four sessions. Energy remains the only positive sector in 2022. Stocks that showed strength included Akamai Technologies (AKAM), Meta Platforms (META), D.R. Horton (DHI), Kroger (KR), and General Mills (GIS). On the other hand, stocks that showed weakness included Walt Disney (DIS), Occidental Petroleum (OXY), Norwegian Cruise Line (NCLH), Bath & Body Works (BBWI), and Tesla (TSLA). Next, Renita Young weighs in on Walt Disney (DIS) stock price falling to lowest level in over 2 years. Norwegian Cruise Line (NCLH) shares fell despite earnings beat. Also, Meta Platforms (META) is set to lay off more than 11,000 employees. Finally, Young discusses the upcoming Consumer Price Index or CPI and earnings like Astrazeneca (AZN), Aurora Cannabis (ACB), Nio Inc. (NIO), and Ralph Lauren (RL).
Released:
Nov 9, 2022
Format:
Podcast episode
Titles in the series (100)
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