Closing Bell: Mixed action on Black Friday, Apple’s China problem, Hottest brands on StockX 11/25/22
Stocks were mixed in a shortened Black Friday session, with the Dow turning in solid gains while the Nasdaq pulled back, weighed down by Apple amid production concerns in China. CNBC’s Eunice Yoon reports from Beijing with the latest on Apple’s iPhone factory protests. Analyst Dan Ives from Wedbush discusses the impact on supply for the holidays. Peter Boockvar from Bleakley Financial Group discusses the market action and his outlook for tech stocks. The CEO of sneaker and apparel platform StockX breaks down the hottest brand on his site for the holidays – and how controversy around Kanye West is impacting Yeezy sales. Plus the latest on Activision, Airlines, Tesla, and Manchester United.
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