Closing Bell Overtime: Lux Capitals Josh Wolfe On Chinas Threat; Rockefellers Ruchir Sharma On Why The Dollars Days May Be Numbered 4/5/23

Published: April 5, 2023, 9:13 p.m.

b'Another mixed day for the averages with the Dow closing higher while the S&P 500 and Nasdaq finished in the red. Miller Tabak\\u2019s Matt Malehy and Meghan Shue of Wilmington Trust break down the market action and where to invest right now. FedEx stock went the other way, closing higher after announcing a reorganization and a dividend hike. Meanwhile, as Speaker Kevin McCarthy met with Taiwan\\u2019s President, Lux Capital Co-Founder Josh Wolfe discussed the threats China poses to U.S. companies. Rockefeller International\\u2019s Ruchir Sharma makes the case for why the dollar\\u2019s days of being the dominant global currency may be numbered. Plus, Betterment CEO Sarah Levy on the pulse of the retail investor. We get reports from our Melissa Repko on on weak March sales for Costco and Kate Rogers on how small business owners are rethinking regional banking.'