Stocks Finish Off Session Lows

The video discusses the U.S. stock market's performance, highlighting the NASDAQ's struggles due to major tech stocks like Apple and Tesla. It explores recession fears, noting the bond market's reaction and the impact on the dollar and oil prices. The video also examines Snap's significant revenue outlook cut, which affected market sentiment and social media stocks, leading to a substantial market value loss.

Which sector showed resilience in the U.S. stock market despite the overall negative sentiment?

• Healthcare

• Consumer Staples

• Technology

• Financials

What was the primary factor that triggered the negative sentiment in the NASDAQ 100?

• Rising oil prices

• Snap's outlook on ad revenues

• Interest rate hikes

• Strong dollar

What financial instrument saw increased demand as a safe haven during the market downturn?

• Corporate bonds

• Commodities

• Treasuries

• Real estate

How did Snap's announcement affect its stock price?

• It increased by 20%

• It increased by 10%

• It plunged by 40%

• It remained stable

What was the estimated market value loss for social media stocks following Snap's announcement?

• $100 billion

• $250 billion

• $160 billion

• $200 billion