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Stock Market Today Continued To Sell Off Along With CSCO & AAPL

Dow Jones today finished lower along with the S&P 500 or the SPX and the Nasdaq-100. The crypto product, bitcoin price broke the $30K level. Also, both gold and crude oil prices rose on the day. Will the stock market continue to be volatile according to the VIX? Next, Alex Coffey weighs in on the Cisco Systems (CSCO) stock price as it was one of the worst performers in the market. The Cisco Systems earnings report indicated $0.87 in EPS and $12.8B in revenue. Also, Apple (AAPL) stock price continues to fall and reached a new 52-week low. Overall, healthcare, materials, and consumer discretionary sectors showed strength. Finally, Coffey discusses how bulls and bears are continuing to impact the stock market.

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20 May 2022

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