Stocks Post Worst Day of Year, as Consumer Stocks Flash Warning Signs 2/21/23
CNBC's "Fast Money"
00:00
Is the S&P 500 Going to Be Hot?
I think we might see a multi day sort of thing. And that's the thing that ultimately will weigh on S&P 500 earnings. Everything that we just talked about is also going to be hitting their margins when you think about a lot of these companies. So to me, it's just not a great environment. I'm looking at the S&P. It was down 2% today. It's up 4% in the year. This thing was almost up 10%. And it feels like we're going to be unchanged pretty soon.
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