11 min listen
Market Overview: Stocks Sell Off To 1-Month Lows
FromSchwab Network
ratings:
Length:
7 minutes
Released:
Dec 16, 2022
Format:
Podcast episode
Description
Expect the Fed to continue to slow the pace of rate hikes, says Collin Martin. He and Kevin Gordon give an overview of the market today as stocks sell off to 1-month lows. They talk about S&P 500 winners which include Lennar (LEN), D.R. Horton (DHI), and Align Technology (ALGN), and losers which include Western Digital (WDC), Nucor (NUE), and Warner Bros. Discovery (WBD). They note that all 11 S&P 500 sectors closed negative. Kevin notes that stocks are building on their post-Fed decision weakness, and economic data all surprised to the downside this morning. Tune in to find out more about the stock market today.
Released:
Dec 16, 2022
Format:
Podcast episode
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