Closing Bell Overtime: Lux Capital’s Josh Wolfe On China’s Threat; Rockefeller’s Ruchir Sharma On Why The Dollar’s Days May Be Numbered 4/5/23

Closing Bell · Apr 5, 2023 · 44m

Another mixed day for the averages with the Dow closing higher while the S&P 500 and Nasdaq finished in the red. Miller Tabak’s Matt Malehy and Meghan Shue of Wilmington Trust break down the market action and where to invest right now. FedEx stock went the other way, closing higher after announcing a reorganization and a dividend hike. Meanwhile, as Speaker Kevin McCarthy met with Taiwan’s President, Lux Capital Co-Founder Josh Wolfe discussed the threats China poses to U.S. companies. Rockefeller International’s Ruchir Sharma makes the case for why the dollar’s days of being the dominant…