Bracing for the Fed, Defense Stocks and Crude Jump on Putin Comments, and Big Bank CEOs Head to the Hill 9/21/22
Carl Quintanilla, Jim Cramer and David Faber discussed what investors need to know ahead of Wednesday's Fed interest rate hike decision and statement. Ahead of President Biden's speech to the United Nations General Assembly, the anchors reacted to Russian President Vladimir Putin accusing the West of "nuclear blackmail" and announcing a military draft for the war in Ukraine. Defense stocks and crude oil prices jumped on his remarks. Also in focus: CEOs of the biggest U.S. banks head to Capitol Hill to testify before House lawmakers, Salesforce Chair & Co-CEO Marc Benioff and Nvidia CEO Jensen Huang talk to CNBC, and Charter's Tom Rutledge to step down as CEO.
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