Podknife - Stocks Sink on a Warning From Waller, and the Next Big Deals in Biotech 1/16/24 by CNBC's "Fast Money"

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Stocks Sink on a Warning From Waller, and the Next Big Deals in Biotech 1/16/24

Podcast |: CNBC's "Fast Money"
Publisher |: CNBC
Media Type |: audio
Podknife tags |: Business,; Business News,; Investing,; Stock Market
Categories Via RSS |: Business,; Investing,; News
Publication Date |: Jan 16, 2024
Episode Duration |: 00:44:45

The Dow dropped over 200 points and the Nasdaq snapped a 6-day win streak after Fed Governor Chris Waller suggested the central bank may be slower to cut rates than investors hoped. We dig into the warning and what it means for the markets this year. Plus biotech coming off a banner year for M&A and one top analyst says there may be more to come in 2024. Jefferies Michael Yee lays out his top picks.

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