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Fed Hikes Rates—And Wall Street Doesn't Like What Comes Next
Description
The Fed is hiking again—and Wall Street is feeling the pressure. On the Closing Bell edition of Street Brief, host Todd M. Schoenberger breaks down the Federal Reserve's quarter-point rate hike, the selloff across the Dow, S&P 500 and Nasdaq, and the 10-year Treasury yield reaching the critical 5% level.
Plus: Intel jumps on a potential SK Hynix AI-chip partnership, Joe Buck's reported $108 million ESPN extension, Disney makes a major K-pop move with Kakao Entertainment, and the business stories investors need to watch next.
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