UTZ - Wall Street Lunch: Tick Tock On TikTok

2024-03-14 13:40:00 ET

Summary

• Former Treasury Secretary Steve Mnuchin expresses support for the legislation that could ban TikTok in the US and plans to form a group to buy the social media platform.
• February PPI rose +0.6%, Retail sales rose +0.6%; Weekly jobless claims falls to.209k.
• No reason to raise year-end S&P target - Morgan Stanley’s Mike Wilson.

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This is an abridged transcript of the podcast.

Our top stories so far

Former Treasury Secretary Steve Mnuchin says he is putting together a group of investors to acquire TiKTok . The House of Representatives passed a bill on Wednesday that could ban ByteDance’s (BDNC) social media platform across the country....

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