The labor market sizzles, gas prices hit a record & the Bristol Myers Squibb CEO 06/03/22
Power Lunch - A podcast by CNBC
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Good news on the job market is bad news for investors. Stocks are lower as the market attempts to balance strong economic data and the fed’s tightening campaign. Kelly & Tyler asked our market guest for his best strategy. Plus, the CEOs from two stocks beating the broader market. The CEO of Bristol Myers Squibb discusses his company’s $4b acquisition of a cancer-focused biotech and the CEO of Cigna discusses the insurance industry’s changing landscape. And, we’re trading the stocks leading the bear market bounce.