Dec 18, 2020
Ingredients for a disorderly day on Wall Street
They include Tesla's anticipated introduction to the S&P 500 index on Monday. Plus, COVID relief package negotiations and the Federal Reserve. And, crime rates during the pandemic recession.
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The stars are aligning for a volatile Friday afternoon on the stock market
There will be a lot of repositioning happening with Tesla slated to join the S&P 500 index and futures and options expiring near the end of this Friday, says Christopher Low, chief economist at FHN Financial. "All of those things normally translate into volatility, and it's especially true when you've got one of the most talked-about stocks in America joining the S&P 500 on the next business day," Low said.
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Music from the episode
Lay Low Gallway Flex
The team
David Brancaccio
Host
Nicole Childers
Executive Producer
Victoria Craig
Producer, BBC
Stephen Ryan
Producer, BBC
Jonathan Frewin
Producer, BBC
Daniel Shin
Producer
Jay Siebold
Engineer
Brian Allison
Engineer
Alex Schroeder
Digital producer
Meredith Garretson
Producer
Erika Soderstrom
Producer/Director
