US dollar rally could hit these stocks [CNBC]
Churchill Capital Corp V Class A (CCV)
US:NYSE Investor Relations:
cmcsa.com/investors
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Source: CNBC
show chapters Trevisani: Perfect storm for US dollar 2 Hours Ago | 04:04 Just as corporate earnings emerged from a four-quarter earnings recession, one of the factors behind the slump is rearing its head again: the strong U.S. dollar. The greenback's strength will likely hit companies with large international exposure, such as tech stocks, and likely derail the postelection stock market rally that's taken the Dow Jones industrial average to record highs and the S&P 500 and Nasdaq composite close to their all-time highs. "If you start to see the continued strength in the dollar, you'll see these internationally focused companies start to see some underperformance," said Paul Hickey, co-founder of Bespoke Investment Group. "Different sectors will be impacted differently." Since Donald Trump 's surprise election
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