Closing Bell: Overtime: Former Goldman CFO On Rising Rate Environment, Opportunities in AI; Top VC On Prospects For The Rest Of The Year 10/2/23
Big tech stocks helped boost the Nasdaq but the Dow closed lower. The S&P 500 turned positive in the final minutes of trading. Bespoke’s Paul Hickey and Wells Fargo’s Sameer Samana break it all down while our Pippa Stevens on why utilities posted its worst day since spring 2020. Former Goldman CFO Marty Chavez talks opportunities in AI and how higher rates are hitting banks and the markets. Bessemer Venture’s Byron Deeter on the recent IPOs and what the rest of the year could hold. Jay Barry, JPMorgan’s Director of Interest Rate Strategy, on how investors can play higher rates. VanEck CEO Jan Van Eck on crypto ETFs.
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Show Notes
Big tech stocks helped boost the Nasdaq but the Dow closed lower. The S&P 500 turned positive in the final minutes of trading. Bespoke’s Paul Hickey and Wells Fargo’s Sameer Samana break it all down while our Pippa Stevens on why utilities posted its worst day since spring 2020. Former Goldman CFO Marty Chavez talks opportunities in AI and how higher rates are hitting banks and the markets. Bessemer Venture’s Byron Deeter on the recent IPOs and what the rest of the year could hold. Jay Barry, JPMorgan’s Director of Interest Rate Strategy, on how investors can play higher rates. VanEck CEO Jan Van Eck on crypto ETFs.
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