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Closing Bell

Closing Bell: Rally Rolls On, Marriott's CEO On Travel Spending & Solar Stocks Shine 7/28/22

28 Jul 2022

Description

Stocks rallying again despite a report showing GDP contracted for the second straight quarter. Marriott CEO Tony Capuano met with President Biden on the state of the economy and discussed why he still sees strong consumer spending on travel. Neuberger Berman Managing Director Holly Newman Kroft reveals how she is advising high net worth clients to invest outside of equities and fixed income during this economic downturn. Solar stocks soaring today. Sunnova CEO John Berger reacts to the Senate deal on clean energy funding and what that means for his industry. Susquehanna's Chris Rolland on how semi stocks will be impacted by the newly passed Chips Act, which now heads to President Biden's desk. And Tilray Brands CEO Irwin Simon discusses the cannabis company's big sales beat and the potential impact on his industry if Republicans win the midterm elections. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

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