Markets Fall on Walmart and Home Depot Guidance, Rate Hike Fears 02/21/23

Published: Feb. 21, 2023, 3:31 p.m.

b'Carl Quintanilla, Jim Cramer and David Faber kicked off the holiday-shortened week with a rough start for shares \\nof Walmart and Home Depot, each falling on guidance that disappointed Wall Street and overshadowed\\nsome of their quarterly results. Worries about the path of Fed rate hikes also weighing on the markets. The anchors\\nreacted to comments from Morgan Stanley Chief U.S. Equity Strategist Mike Wilson, who told CNBC we\\nare in the midst of an earnings recession. Also in focus: Winners and losers, President Biden in Poland\\none day after his surprise visit to Ukraine, Norfolk Southern facing criticism over the Ohio train derailment, \\na "Faber Report" on what\'s driving Credit Suisse shares lower.'