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Home > Closing Bell > Closing Bell: Market Meltdown 5/5/22
Podcast: Closing Bell
Episode:

Closing Bell: Market Meltdown 5/5/22
Category: Business
Duration: 01:00:00
Publish Date: 2022-05-05 20:06:19
Description: Stocks suffering their worst day since 2020 and erasing all of Wednesday's huge gains. Tech stocks sending the Nasdaq down nearly 5%. SVB Private's Shannon Saccocia & Truist's Keith Lerner weigh in on the sell off and whether they see buying opportunities amid the carnage. PIMCO's Tony Crescenzi discusses what the surge in the 10-year treasury yield means for the market. Firsthand Fund's Kevin Landis on the tech stocks he thinks will outperform if the economy enters a recession. And Nikola CEO Mark Russell discusses the electric vehicle maker's earnings and when he thinks supply chain challenges will ease.
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