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WSJ Your Money Briefing

What’s News in Markets: Southwest Cuts, Discount Trouble, CEO’s Return

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 16 March 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

How are Boeing’s troubles affecting Southwest? And how is inflation impacting discount stores like Dollar Tree? Plus, will the return of a former CEO help Under Armour? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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 16th I'm Francesca Fontana for the Wall Street Journal

0:45.3

and this is what's news and markets our look at the biggest stock moves of the week

0:49.4

and the news that drove them. Let's get to it. Happy almost St. Patrick's Day everybody. I don't

0:56.0

own anything green to wear so maybe I'm lacking some of the holiday spirit. Apologies.

1:00.7

The major stock index is too though, were not showing much enthusiasm for green.

1:05.6

The S&P 500, for instance, closed in the red more days than not this week.

1:10.0

But there was one day the three major indexes managed to close in the green.

1:14.4

That was Tuesday when February's inflation reading seemed to affirm expectations for the Fed to wait until later this year to start cutting rates.

1:21.5

And the S&P 500

1:23.0

notched its 17th record close of 2024.

1:26.2

Let's talk about Southwest. But to talk about Southwest,

1:30.0

we got to talk about Boeing first.

...

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