CNBC Daily Open: Worst day in months for markets as FedEx slumps
Publishing timestamp: 2023-12-21 02:30:01
Summary
The article discusses the decline in U.S. markets, the closure of Citigroup's distressed-debt group, the potential ban on sales of Apple Watch, the popularity of Tesla's stock, and the performance of FedEx as a bellwether for the general economy. It mentions that while the market had a bad day, it doesn't necessarily indicate a prolonged slide and highlights the positive aspects such as Treasury yields dipping and pockets of strength in certain stocks.
Sentiment: MIXED
Tickers: SPY, AAPL, .DJI, C, FDX, .KS11, .IXIC, GOOGL, TSLA, .SPX,
Keywords: nasdaq composite, fedex corp, kospi index, united states, banks, dow jones industrial average, business news, apple inc, world markets, technology, spdr s&p 500 etf trust, alphabet inc, economic events, citigroup inc, markets, s&p 500 index, tesla inc,
Source: https://www.cnbc.com/2023/12/21/stock-markets-worst-day-in-months-for-markets-as-fedex-slumps.html