Closing Bell: Powell presser pumps up market, Gary Cohn reacts, Big earnings movers 2/1/23

Published: Feb. 1, 2023, 9:11 p.m.

b'Stocks rallied during Fed chair Jerome Powell\\u2019s news conference after the Fed announced its decision to raise rates by 25 basis points, with investors keying in on Powell\\u2019s comments around taming inflation. Former NEC Director Gary Cohn joins for an extensive breakdown of the decision and Powell\\u2019s words. David Zervos from Jefferies discusses the impact on the market and for investors. Plus why AMD and Peloton surged on earnings, and what to watch from Meta\\u2019s results.'