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Last Trading Day of 2022 12/30/22

Last Trading Day of 2022 12/30/22

Morgan Brennan, Scott Wapner and Mike Santoli started the hour with a look back at stocks’ performance for 2022. All major indices were on pace for their worst performances since 2008; the Nasdaq the biggest laggard among the 3, down more than 30% year-to-date. CNBC also had new data from its Delivering Alpha Survey, with 40% of respondents saying they believe the S&P will rise somewhere between 6% - 10% in 2023. The anchors then shifted to the latest around Southwest Airlines, as the company said it expects to operate a normal schedule. Around the bells, the anchors also hit the tough year for cryptocurrencies; Bitcoin is set to end the year below $17K, and down more than 60% for 2022.

Squawk on the Street

December 30, 202243m 25s

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Show Notes

Morgan Brennan, Scott Wapner and Mike Santoli started the hour with a look back at stocks’ performance for 2022. All major indices were on pace for their worst performances since 2008; the Nasdaq the biggest laggard among the 3, down more than 30% year-to-date. CNBC also had new data from its Delivering Alpha Survey, with 40% of respondents saying they believe the S&P will rise somewhere between 6% - 10% in 2023. The anchors then shifted to the latest around Southwest Airlines, as the company said it expects to operate a normal schedule. Around the bells, the anchors also hit the tough year for cryptocurrencies; Bitcoin is set to end the year below $17K, and down more than 60% for 2022. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
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