From Post-Fed Rally to Rate Hike-Fueled Sell-off: Techs Tumble and the Dow Falls Below 30,000. 06/16/22

Published: June 16, 2022, 2:59 p.m.

b"One day after stocks rallied following the Fed's biggest interest rate increase since 1994, Carl Quintanilla, Jim Cramer and David Faber\\ndiscussed the sell-off that erased Wednesday's gains and sent the Dow below 30,000. Rate hikes by central banks in England and Switzerland fueled\\ninflation worries and recession fears. The anchors delved into why tech stocks including Apple and Microsoft have taken a hit, as well as \\nhow investors can find protection in this market. Also in focus: Comments by DoubleLine CEO Jeffrey Gundlach and\\nMicroStrategy CEO Michael Saylor on the bitcoin slump, and Elon Musk prepares to meet with Twitter employees for the first\\ntime since offering to buy the company."