3.8 • 950 Ratings
🗓️ 14 December 2022
⏱️ 10 minutes
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0:00.0 | Welcome to Seeking Alpha's Wall Street breakfast, your daily source of market news and analysis. |
0:06.8 | Subscribe to this podcast on Apple Podcast, Spotify or Stitcher. |
0:11.1 | Good morning. Today is Wednesday, December 14th, and I'm your host Julie Morgan. |
0:16.0 | Our top stories. |
0:17.6 | What will Fed Jerry Jerome Powell have to say today? |
0:21.0 | Sam Bankman Freed is still in jail. |
0:23.3 | Apple is making major changes. |
0:25.8 | Twitter may have more competition on the way. |
0:28.7 | Ford is ramping up production. |
0:30.9 | Pfizer's pill sells out in record time. |
0:34.0 | Boeing CEO is speaking about the company's challenges, |
0:37.7 | and Tesla is in our day watch. |
0:40.8 | Stocks finished higher again on Tuesday as relatively tame consumer inflation data prompted an early buying spree. |
0:47.5 | However, the major U.S. equity averages ended well off their highs for the day, |
0:52.0 | as investors feared taking big bets ahead of today's Federal |
0:55.6 | Reserve announcement. |
0:57.1 | The NASDAQ jumped almost 4% in the early stages of the session before eventually finishing the day up 1%. |
1:04.6 | The S&P 500 finished up 0.7% and the Dow ended up 0.3%. |
1:11.3 | 10 of the 11 S&P sectors ended in the green. |
1:14.0 | Real estate led the way higher climbing by about 2%. |
1:18.0 | Communication services, energy, info tech, and materials |
1:22.0 | all posted gains of more than 1% as well. |
... |
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