Closing Bell Overtime: Rounding out a rough week, Moodys Chief Economist on rising rates, looking ahead to big tech 10/20/23
Stocks fell again Friday to end a downbeat week on Wall Street, following the 10-Year yield\u2019s jump above 5%. Bob Elliott from Unlimited breaks down the selloff and the particular weakness in the regional banks. Moody\u2019s Chief Economist Mark Zandi discusses the outlook for rates and new comments from Atlanta Fed\u2019s Raphael Bostic about when the central bank might cut rates. And Jefferies analyst Brent Thill looks ahead to a huge week for big tech earnings from the likes of Microsoft, Amazon, Alphabet and Meta, and reveals his two top picks ahead of those reports.