FBN’s Simonetti on Historic Stock Losses: ‘We’ve Never Been Down a Thousand Points, Not Even Intraday, on the NASDAQ’
‘History in the making’
EXCERPT:
SIMONETTI: "We've never been -- we have never been down 1,000 points ever, not even intraday on the Nasdaq."
VARNEY: "Is that true?"
SIMONETTI: "That is true".
VARNEY: "OK, down 6 percent right from the get-go. This is heavy, heavy. Big tech. Here we go. Look at them go down. Microsoft is down 20 bucks. That's 5 percent. Alphabet, 5 percent. Meta, 6 percent. Amazon, 6 percent. Apple, 9 percent down."
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