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WSJ What’s News

What’s News in Markets: Walmart Affirms Klarna, Tesla Politics, Consumer Angst

WSJ What’s News

The Wall Street Journal

News, Daily News

44K Ratings

🗓️ 22 March 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

What happened when Walmart replaced Affirm with Klarna? And how are Elon Musk’s politics intersecting with Tesla’s stock? Plus, how are companies from General Mills to Nike feeling a tightening in consumer spending? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Vanta.

0:03.5

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0:08.6

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0:13.5

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0:19.7

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0:22.1

to help your team stay compliant.

0:24.2

Head to vanta.com slash Spotify to learn more.

0:31.6

Hey listeners, it's Saturday, March 22nd.

0:35.0

I'm Francesca Fontana for the Wall Street Journal, and this is

0:38.1

What's News in Markets, our look at the biggest stock moves of the week and the news that drove

0:42.6

them. Let's get to it. Well, it looks like we made it through the week without any big trade

0:47.9

drama coming from the White House compared to recent weeks, but even with things relatively

0:52.4

quiet on the tariff front, traders certainly

0:55.0

had their fair share of news to digest.

0:57.7

There was Tuesdays tech sell off, turmoil in the Middle East in developments around the war

1:02.6

in Ukraine.

1:03.8

The Federal Reserve held interest rates steady on Wednesday, with most officials at the

1:07.8

Central Bank still penciling in two rate cuts for the year

1:11.3

and plenty of earnings reports along the way.

1:14.8

All in all, the major index is matched to notch gains for the week,

1:18.1

with the S&P 500 rising half a percent,

...

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