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Closing Bell

Losing Streak Snapped, Central Bank Shocker & Gone To The Dogs 12/20/22

20 Dec 2022

Description

Stocks rising and snapping a 4-day losing streak. Bond yields surging after an unexpected policy shift by the Bank of Japan. Former Fed Governor Randy Kroszner discusses the impact that move could have on the global markets. Barclays Jason Goldberg on what Wells Fargo's record $3.7B settlement with the CFPB over customer abuses related to bank accounts, mortgages and auto loans means for the stock. And CFRA's Arun Sundaram discusses why weak pet food sales are dragging down General Mills' stock despite stronger than expected earnings. 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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