EPISODE · Feb 21, 2023 · 43 MIN
Stocks Post Worst Day of Year, as Consumer Stocks Flash Warning Signs 2/21/23
from CNBC's "Fast Money" · host CNBC
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. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
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. Fast Money Disclaimer
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Stocks Post Worst Day of Year, as Consumer Stocks Flash Warning Signs 2/21/23
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