Making Sense of the Market’s Massive Pullback, and Digging in on Ford & Chipotle Earnings 7/24/24
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 24 July 2024
⏱️ 44 minutes
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| 0:00.0 | Live from the Nasak market site in the heart of New York City's Times Square. |
| 0:05.0 | This is Fast Money. Here's what's on tap tonight. Tech gets rocked. The Nasak |
| 0:09.1 | composite sinking more than 3.5% today. Its worst day since October 2022. The S&P 500 breaking its longest streak |
| 0:16.5 | without a 2% drop since before the great financial crisis. Both indices now down in the |
| 0:22.1 | month of July. Where can you find safety in this |
| 0:24.3 | sell-off? We'll try to find you some answers. And French Fried shares a fast food |
| 0:28.5 | supplier Lamb Westen posting its worst day ever delivering a stark warning for the restaurant industry. |
| 0:34.4 | Is there more hard burn to come for this trade? |
| 0:37.0 | Plus four shares hit the skits, Chipotle shares give up their after hours gain. |
| 0:40.6 | Still up though right now. |
| 0:41.8 | And Viking therapeutics jumping as it says it |
| 0:44.0 | will move forward with its oral and injectable weight loss drugs we will debate |
| 0:48.0 | that I'm Melissa Lee come to you live from studio be at the NASDAQ on the |
| 0:51.3 | death tonight see graso car carin Finerman, Guyadami, and Tim Seymour. |
| 0:55.0 | And we start off the course with the massive market sell-off today. |
| 0:58.0 | The Nasak and S&P 500, both hosting their worst days since the end of 2022, the Tech Heavy Index plunging almost 4 |
| 1:04.7 | percent its worst day since October of that year it is now more than 7 percent off |
| 1:10.1 | of its all-time high hit just last week. |
| 1:13.4 | The S&P 500 snapping a streak of 356 sessions |
| 1:17.7 | without a loss of more than 2%, |
| 1:20.0 | and the Dow falling 504 points. |
| 1:22.5 | The pullback comes as the first two MAG-7 earnings reports of the season |
... |
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