Morning After the "Fed Minutes" Sell-Off, Tech's New Year Tumble, The Crypto Slide and Pres. Biden's Remarks on January 6 One Year After the Capitol Hill Attack.
Carl Quintanilla and Jim Cramer explored how investors should navigate the markets and a slumping tech sector, one day after the minutes from the December Fed meeting sparked a Wall Street sell-off on interest rate fears -- resulting in the Nasdaq's worst day in eleven months. The anchors also discussed what to make of the deepening losses in Bitcoin and other cryptocurrencies. Carl and Jim also reacted to President Biden's speech on the first anniversary of the January 6 Capitol Hill attack. Also in focus: Why Wells Fargo downgraded Target and Dollar General, Netflix gets hit with Wall Street price target cuts, the White House says COVID-19 stimulus talks with lawmakers are ongoing, plus what New York City Mayor Eric Adams told CNBC about how Wall Street should get workers back to the office.
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