Wall Street Breakfast December 21: Ukraine President Zelensky to Visit White House

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8 • 950 Ratings

🗓️ 21 December 2022

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Ukraine President Zelenskiy to visit White House, address Congress. Google's (GOOG) (GOOGL) YouTube said in talks for rights to NFL Sunday Ticket - reports. Elon Musk confirms he will resign as Twitter CEO once he finds a replacement. Nike (NKE) gains after sales, margins top expectations despite inflation headwinds.

Transcript

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0:00.0	Welcome to Seeking Alpha's Wall Street Breakfast, your daily source of market news and analysis.
0:07.0	Subscribe to this podcast on Apple Podcast or Spotify.
0:11.0	Good morning. Today is Wednesday, December 21st and I'm your host Julie Morgan.
0:16.8	Our top stories.
0:18.2	The President of Ukraine is en route to the United States.
0:22.1	YouTube could be the new home for NFL Sunday ticket.
0:25.8	Philip says its devices are in the clear.
0:29.0	Elon Musk says he will step down as CEO of Twitter.
0:33.0	FDX finds a billion dollars,
0:35.7	and Tesla and Nike are in our day watch.
0:39.7	Although investors still displayed a significant amount of caution.
0:43.4	Wall Street scraped together modest gains on Tuesday,
0:46.4	breaking a four-session losing streak.
0:48.6	The NASDAQ posted a fractional gain.
0:50.8	The S&P 500 ended up 0.1% and the Dow finished up 0.3%.
0:57.0	7 of the 11 S&P sectors ended in the green.
1:00.0	Most movement was limited with only energy rising more than 1%.
1:05.0	Consumer discretionary fell 1.1% while real estate posted a modest retreat.
1:12.0	In the bond market, longer duration
1:13.9	treasuries saw some selling, while movement
1:16.3	was more muted for short-term instruments.
1:19.0	The 10-year treasury yield rose 11 bases points
	...

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