What’s News in Markets: Ice Cream Spin-Off, Paramount Bid, Surprise Delivery
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 23 March 2024
⏱️ 5 minutes
🧾️ Download transcript
Summary
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| 0:00.0 | Support for this show comes from SoFi Invest. |
| 0:03.0 | Alternative investments are now available on SoFi. |
| 0:06.0 | Unlocked the potential to build and protect your wealth, |
| 0:09.0 | with all its including real estate, venture capital, pre-IPO Unicorns, and more at sofi.com slash W-SJ. |
| 0:16.4 | Active investing products offered through sofi securities LLC member Finra-SIPC. |
| 0:21.8 | Alternative funds have unique risks including the risk of loss, may charge high fees, can be a liquid, |
| 0:26.9 | and may not be suitable for all investors. |
| 0:29.3 | Prior to investing in any fund, carefully consider the investment objectives risks charges |
| 0:33.7 | expenses and important information contained in a fund's |
| 0:36.6 | prospectus. |
| 0:37.6 | Hey listeners it's Saturday, March 23rd. |
| 0:44.0 | I'm Francesca Fontana for the Wall Street Journal, |
| 0:46.5 | and this is What's News and Markets? |
| 0:48.2 | Our look at the biggest stock moves of the week |
| 0:50.3 | and the news that drove them. |
| 0:51.7 | Let's get to it. |
| 0:53.0 | Welcome back everybody. Let's start off with a number of the day today, not to totally |
| 0:58.4 | steal from Sesame Street, which is precisely what I'm doing. The number of the day today is three. That is how many |
| 1:04.8 | interest rate cuts the Fed is expecting in 2024 as we heard on Wednesday. |
| 1:09.2 | Drone Powell and Co reaffirmed their outlook of three rate cuts so it didn't change but some |
| 1:14.7 | investors were expecting the Fed to dial back their forecasts so the market got in a |
| 1:19.5 | good rally as a result all three of the major US stock indexes hit new records on Wednesday |
... |
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