Why the Fed’s Move Didn’t Boost Markets, and Making Sense of Snowflake’s IPO

Sep 16, 2020 · 45m 46s
Why the Fed’s Move Didn’t Boost Markets, and Making Sense of Snowflake’s IPO
Description

Markets closed near their lows of the day and the S&P turned negative, even as the Fed pledged to leave rates low for an extended period. And shares of Snowflake...

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Markets closed near their lows of the day and the S&P turned negative, even as the Fed pledged to leave rates low for an extended period.
And shares of Snowflake more than doubled in their debut today. But who really reaped the benefits of that stock surge?
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Author CNBC
Organization CNBC
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