Closing Bell: Rally gains steam, Musk makes a deal, Hasbro CEO’s growth plan 10/4/22

U.S. markets saw another sharp rally, building on Monday’s strong gains, with every S&P 500 sector closing in the green and the Nasdaq climbing more than 3%. Holly Newman Kroft from Neuberger Berman and Sameer Samana from Wells Fargo break down the 2-day rally and what they’re advising clients to do now. Twitter shares exploded higher after Elon Musk notified the company he intended to close his deal at the original offer price of $54.20 per share. Analyst Brent Thill joins to discuss what the news means for the future of the company. And the CEO of Hasbro talks about the company’s growth plan following its investor day.