CNBC Special Report: Taking Stock 2/16/23

Mad Money w/ Jim Cramer

CNBC’s Brian Sullivan reports on the Fed and your money. U.S. stock futures slipped after the major averages suffered declines amid concerns of stubbornly high inflation metrics. St. Louis Federal Reserve President James Bullard said he backed a 50 basis point interest rate hike at the central bank’s previous meeting and that he would not rule out a rate increase of that magnitude at the March meeting. Tesla is voluntarily recalling 362,758 vehicles and warns that its experimental driver-assistance software, marketed as Full Self-Driving Beta, may cause crashes. Plus,
DoorDash stock pops after revenue beat and rosy guidance. 

 

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2023-02-17 36 min

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