Closing Bell Overtime: Rocky Start To August For Stocks; Intel Has Worst Day In Over 50 Years 8/2/24
The selling in tech spread to the rest of the market today as all three major averages slid. Tech was hit hard as Amazon fell almost 10%; Goldman\u2019s Eric Sheridan breaks down what\u2019s going on under the hood. Jon sits down with intel CEO Pat Gelsinger as the stock falls over 25% for its worst day in over 50 years after saying it will suspend its diviend. Unlimited Funds CEO Bob Elliott, Neuberger Berman\u2019s Erick Knutzen and Mariner Wealth\u2019s Jeff Krumpelman on what to do with your money. Plus, Wells Fargo analyst Mike Mayo on a rare downgrade for Morgan Stanley and the broad selling in bank stocks today.