4.3 • 1.2K Ratings
🗓️ 24 February 2023
⏱️ 22 minutes
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0:00.0 | Right now on fast, pain on the street, the S&P and Nasdaq finishing their worst week |
0:06.5 | since December, as another read on inflation comes in hotter than expected. |
0:11.4 | Our stocks in danger of heading back to their October lows will debate. |
0:14.9 | Plus, a rotten week for Apple, the tech giant dropping over 4% falling below a key technical |
0:20.6 | level, plus the chart master, if he can tell us, to the penny where Apple has headed |
0:25.4 | from here. |
0:26.4 | And later, our chart of the week that's week with an A, it's a name last month, we enjoyed. |
0:32.7 | It's a name that enjoyed, the halo from the reopening trade last month, but it's now |
0:37.3 | suffering as geopolitics takes center stage. |
0:40.0 | I'm Sarah Eisen in from a list of late tonight, business fast money live from the Nasdaq |
0:43.6 | market site. |
0:44.6 | On the desk tonight, Mike Coe, Jeff Mills and Guy Adami, and we are going to start with |
0:49.2 | a rough end to a rough week. |
0:50.4 | The Nasdaq leading the losses with a drop of over 1.6%, the tech heavy index turning, |
0:55.9 | back negative for the month of February, S&P now down in five of the last six trading |
1:00.1 | sessions and for the last three weeks in a row. |
1:03.3 | The Dow finished down 336 points today off the lows, but notching its fourth straight |
1:07.7 | weekly loss. |
1:09.0 | It's closed the lowest of the year so far. |
1:12.2 | The moves coming after yet another hot inflation report. |
1:15.2 | The Fed's preferred measure, the PCE, showing prices rose more than expected in January. |
1:21.3 | Another reason the Fed could keep its aggressive pace of rate hikes uncurved. |
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