Schwab IMPACT 2025: KG on SPX Selling Pressure, Big Tech & Record Government Shutdown
Description
Nvidia (NVDA) and other Big Tech stocks sliding to the downside added pressure to Thursday's session. Kevin Green takes investors through the moves and why the government shutdown only adds negative sentiment heading into the holiday season. He notes the "aggressiveness" of the challenger job cuts and why investors may want to discount some aspects of the print. Kevin later takes a closer look at Big Tech movers in companies like Palantir (PLTR) that had a "buy the rumor, sell the news" reaction.
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