CNBC Television Markets make major turnaround

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: Stocks end at the day’s lows. With CNBC’s Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Steve Grasso. U.S. stock futures were largely flat on Wednesday night after concerns over the U.S. economy and the market’s overall valuation sparked another sell-off in equities earlier in the day. Dow Jones Industrial Average futures traded 22 points higher, but pointed to a Thursday opening loss of around 84 points. S&P 500 and Nasdaq 100 futures also pointed to a slightly lower Thursday open for the two indexes. The Dow and S&P 500 fell 2.2% and 1.8%, respectively, during regular trading hours while the Nasdaq Composite lost 1.6%. Those declines followed a stark warning from Federal Reserve Chairman Jerome Powell. “While the economic response has been both timely and appropriately large, it may not be the final chapter, given that the path ahead is both highly uncertain and subject to significant downside risks,” he said, noting more needs to be down to support the economy amid the coronavirus pandemic. Powell made his comments as several states begin to reopen their economies. “There are a lot of variables in terms of really how the economy opens here. It’s going to be very uneven,” said Gregory Faranello, head of U.S. rates trading at AmeriVet Securities. In terms of additional efforts, Faranello said the Fed could implement some “yield curve control,” among other measures. “From a capital perspective and a leverage perspective, the Fed can grow the existing programs that they have online,” Faranello said. Market sentiment was also dented earlier on Wednesday after two major investors raised questions about the market’s current valuation. Appaloosa’s David Tepper told CNBC’s “Halftime Report” this is the second-most overvalued market he’s seen, behind only the one in 1999. Meanwhile, Stanley Druckenmiller of Duquesne Family Office said Tuesday said “risk-reward for equity is maybe as bad as I’ve seen it in my career.” Despite the sharp drop on Wednesday, the S&P 500 remains more than 28% above its March 23 low. The Dow has also rallied more than 27% since then as shares of major tech companies surged. “Those stocks that we’re doing well before all this are the ones that did well” after the initial sell-off, said Aaron Clark, portfolio manager at GW&K Investment Management. “It’s like the big get bigger and stronger.” Still, Clark highlighted the uncertainty investors currently face, noting: “Nobody’s ever been through anything like this. … For now, we’re just hoping we’re finding the right businesses that can continue to grow and take share and come out stronger.” For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBC TV