Power Lunch
Power Lunch
CNBC
Wall St. layoffs, nat gas prices plunge and a 10% rally this summer 6/27/22
43 minutes Posted Jun 27, 2022 at 7:13 pm.
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A two-year hiring boom on Wall St. could turn into a bust. CNBC.com’s Hugh Son reports that broad based job cuts loom at the major banks for the first time since 2019. Plus, the EQT CEO on why nat gas prices have plummeted 25% this month. And a veteran strategist says the stock market is ready to rally 10% this summer.