Farewell, FAANGs: Big tech stocks sink and Dow falls 400 points – CNN

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CNN’s Matt Egan reports.”},{“title”:”Investments expert: Emphasize less cyclical assets in 2022″,”duration”:”02:40″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/12/15/less-cyclical-assets-in-2022-markets-now-orig.cnn-business/index.xml”,”videoId”:”business/2021/12/15/less-cyclical-assets-in-2022-markets-now-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211215153205-less-cyclical-assets-in-2022-markets-now-orig-00000701-large-169.png”,”videoUrl”:”/videos/business/2021/12/15/less-cyclical-assets-in-2022-markets-now-orig.cnn-business/video/playlists/business-markets-investing/”,”description”:”Citi Global Investment’s Kristen Bitterly explains what a more hawkish Federal Reserve could mean for your portfolio next year.”,”descriptionText”:”Citi Global Investment’s Kristen Bitterly explains what a more hawkish Federal Reserve could mean for your portfolio next year.”},{“title”:”IPO expert: Correction in IPO market is ‘necessary'”,”duration”:”03:21″,”sourceName”:”CNN”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/12/08/ipo-market-peak-2022-markets-now-orig.cnn/index.xml”,”videoId”:”business/2021/12/08/ipo-market-peak-2022-markets-now-orig.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211208133947-ipo-market-peak-2022-markets-now-orig-00001804-large-169.png”,”videoUrl”:”/videos/business/2021/12/08/ipo-market-peak-2022-markets-now-orig.cnn/video/playlists/business-markets-investing/”,”description”:”Renaissance Capital’s Kathleen Smith explains why 2021’s record high IPO activity will be hard to follow next year.”,”descriptionText”:”Renaissance Capital’s Kathleen Smith explains why 2021’s record high IPO activity will be hard to follow next year.”},{“title”:”China’s Didi is delisting from the NYSE”,”duration”:”01:35″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/12/03/didi-delisting-nyse.cnnbusiness/index.xml”,”videoId”:”business/2021/12/03/didi-delisting-nyse.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190801093058-didi-car-china-file-large-169.jpg”,”videoUrl”:”/videos/business/2021/12/03/didi-delisting-nyse.cnnbusiness/video/playlists/business-markets-investing/”,”description”:”Didi announced it will “immediately” start the process of delisting from the New York Stock Exchange and pivot to Hong Kong. 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This strategist explains why”,”duration”:”01:35″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/12/01/greg-valliere-federal-reserve-jerome-powell-taper-markets-now-zw-orig.cnn-business/index.xml”,”videoId”:”business/2021/12/01/greg-valliere-federal-reserve-jerome-powell-taper-markets-now-zw-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211129171354-jerome-powell-1122-large-169.jpg”,”videoUrl”:”/videos/business/2021/12/01/greg-valliere-federal-reserve-jerome-powell-taper-markets-now-zw-orig.cnn-business/video/playlists/business-markets-investing/”,”description”:”Federal Reserve Chairman Jerome Powell said the Fed might end its pandemic-era stimulus sooner than expected. Chief US policy strategist for AGF Investments Greg Valliere explains why.”,”descriptionText”:”Federal Reserve Chairman Jerome Powell said the Fed might end its pandemic-era stimulus sooner than expected. Chief US policy strategist for AGF Investments Greg Valliere explains why.”},{“title”:”Lack of Covid clarity brings volatility to Wall Street”,”duration”:”01:39″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/11/30/markets-stocks-fed-omicron.cnnbusiness/index.xml”,”videoId”:”business/2021/11/30/markets-stocks-fed-omicron.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211130064653-omicron-covid-new-york-stock-exchange-112921-file-large-169.jpg”,”videoUrl”:”/videos/business/2021/11/30/markets-stocks-fed-omicron.cnnbusiness/video/playlists/business-markets-investing/”,”description”:”Stocks are falling, triggered by the emergence of the Omicron coronavirus variant. CNN’s Matt Egan reports on what Federal Reserve Chairman Jerome Powell sees as risks to the economy.”,”descriptionText”:”Stocks are falling, triggered by the emergence of the Omicron coronavirus variant. CNN’s Matt Egan reports on what Federal Reserve Chairman Jerome Powell sees as risks to the economy.”},{“title”:”Paytm CEO on IPO: Our business model is new for many investors”,”duration”:”02:59″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/11/18/paytm-ceo-ipo-india.cnnbusiness/index.xml”,”videoId”:”business/2021/11/18/paytm-ceo-ipo-india.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211118095806-paytm-ceo-vijay-shekhar-sharma-large-169.jpg”,”videoUrl”:”/videos/business/2021/11/18/paytm-ceo-ipo-india.cnnbusiness/video/playlists/business-markets-investing/”,”description”:”Paytm’s much anticipated IPO crashed in its debut, closing down 27%. CEO Vijay Shekhar Sharma talks to CNN’s Julia Chatterley about what the digital payments company could have done differently.”,”descriptionText”:”Paytm’s much anticipated IPO crashed in its debut, closing down 27%. CEO Vijay Shekhar Sharma talks to CNN’s Julia Chatterley about what the digital payments company could have done differently.”},{“title”:”Why this strategist expects inflation to slow down next year”,”duration”:”02:11″,”sourceName”:”CNN Business”,”sourceLink”:”http://www.cnn.com/business/”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/11/17/david-kelly-inflation-prediction-markets-now-orig.cnn-business/index.xml”,”videoId”:”business/2021/11/17/david-kelly-inflation-prediction-markets-now-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211117133719-david-kelly-inflation-prediction-markets-now-orig-00000311-large-169.png”,”videoUrl”:”/videos/business/2021/11/17/david-kelly-inflation-prediction-markets-now-orig.cnn-business/video/playlists/business-markets-investing/”,”description”:”J.P. Morgan Asset Management’s Chief Global Strategist David Kelly explains why he believes current inflation is transitory”,”descriptionText”:”J.P. Morgan Asset Management’s Chief Global Strategist David Kelly explains why he believes current inflation is transitory”},{“title”:”The supply chain crisis isn’t slowing down Walmart “,”duration”:”01:08″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/11/16/walmart-home-depot-earnings-q3.cnnbusiness/index.xml”,”videoId”:”business/2021/11/16/walmart-home-depot-earnings-q3.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211115165612-walmart-shopper-0804-large-169.jpg”,”videoUrl”:”/videos/business/2021/11/16/walmart-home-depot-earnings-q3.cnnbusiness/video/playlists/business-markets-investing/”,”description”:”Walmart and Home Depot showed strong Q3 earnings. CNN’s Paul R. La Monica attributes this to a “return to normalcy” and in-person shopping, and the retailers using their own shipping to import products from Asia to combat supply chain issues.”,”descriptionText”:”Walmart and Home Depot showed strong Q3 earnings. CNN’s Paul R. La Monica attributes this to a “return to normalcy” and in-person shopping, and the retailers using their own shipping to import products from Asia to combat supply chain issues.”},{“title”:”Johnson & Johnson is splitting into two companies”,”duration”:”01:29″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/11/12/johnson-johnson-split.cnnbusiness/index.xml”,”videoId”:”business/2021/11/12/johnson-johnson-split.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211111052048-johnson–johnson-janssen-covid-19-vaccine-california-032521-file-large-169.jpg”,”videoUrl”:”/videos/business/2021/11/12/johnson-johnson-split.cnnbusiness/video/playlists/business-markets-investing/”,”description”:”Johnson & Johnson is separating the consumer health products part of the business from the prescription drugs and medical devices unit. CNN’s Paul R. La Monica reports. “,”descriptionText”:”Johnson & Johnson is separating the consumer health products part of the business from the prescription drugs and medical devices unit. CNN’s Paul R. La Monica reports. “},{“title”:”How grocery stores are handling rising food prices”,”duration”:”01:51″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/11/10/grocery-stores-food-inflation-thanksgiving-markets-now-orig.cnn-business/index.xml”,”videoId”:”business/2021/11/10/grocery-stores-food-inflation-thanksgiving-markets-now-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211110115156-04-us-inflation-prices-restricted-large-169.jpg”,”videoUrl”:”/videos/business/2021/11/10/grocery-stores-food-inflation-thanksgiving-markets-now-orig.cnn-business/video/playlists/business-markets-investing/”,”description”:”Giant Company CEO Nicholas Bertram explains how the supermarket will brace for inflated food prices this holiday season”,”descriptionText”:”Giant Company CEO Nicholas Bertram explains how the supermarket will brace for inflated food prices this holiday season”},{“title”:”Peloton slashes forecast as demand slows”,”duration”:”01:51″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/11/05/peloton-shares-drop-gyms-return.cnnbusiness/index.xml”,”videoId”:”business/2021/11/05/peloton-shares-drop-gyms-return.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210823204733-peloton-tread-large-169.jpg”,”videoUrl”:”/videos/business/2021/11/05/peloton-shares-drop-gyms-return.cnnbusiness/video/playlists/business-markets-investing/”,”description”:”After losing a third of its value, Peloton’s challenge will be price points for its equipment as people increasingly return to gyms and grow tired of working out at home, CNN’s Paul R. La Monica reports.”,”descriptionText”:”After losing a third of its value, Peloton’s challenge will be price points for its equipment as people increasingly return to gyms and grow tired of working out at home, CNN’s Paul R. La Monica reports.”}],’js-video_headline-featured-1ffpsfb’,”,”js-video_source-featured-1ffpsfb”,true,true,’business-markets-investing’);if (typeof configObj.context !== ‘string’ || configObj.context.length