12 min listen
Stock Market Today: CRM, NFLX Strength & MSFT Weakness
FromSchwab Network
ratings:
Length:
3 minutes
Released:
Jan 4, 2023
Format:
Podcast episode
Description
Dow Jones today finished in the green along with the S&P 500 Index or SPX, Nasdaq-100, and Russell 2000. The stock market closed higher following the release of December FOMC minutes. Next, Renita Young weighs in on Salesforce (CRM) announcing a restructuring plan that included cutting 10% of workforce. Also, Microsoft (MSFT) was downgraded to neutral from buy at UBS. Finally, Netflix (NFLX) stock price saw strength after New Street initiated coverage with a neutral rating and a $304 price target.
Released:
Jan 4, 2023
Format:
Podcast episode
Titles in the series (100)
The Fed's New Targeted Inflation Policy by Schwab Network