Claman on Call: Stocks Log Second-Straight Week of Losses
It was the second-straight week of losses for the Dow and S&P on Friday. All major indices ended sharply lower, the Dow lost 278 points -- the biggest percentage loser. A stronger-than-expected February jobs report caused investors to predict a sooner-than-expected interest rate hike.
It's about to be the new darling of the Dow -- tech giant Apple is replacing AT&T in the index. And one person who never expected the 1976 startup to reach the big leagues, original Apple Co-Founder Ronald Wayne joined FBN to discuss everything from Apple's meteoric rise to its inclusion in the Dow and whether he will buy an Apple Watch. For the record, he sold his Apple shares for only $800 and has never bought an Apple product. Head to FOXBusiness.com/OnCall to see the interview.
And one person who's not losing sleep over the Apple event on Monday, Eric Migicovsky, the CEO of the original smart watch maker Pebble. With about one million Pebble watches already out there, the watch, Pebble Time, is now the most funded Kickstarter campaign ever. And get this, customers now have the ability to 3D print their own writs bands. Head to FOXBusiness.com/OnCall to find out why he says people will choose Pebble's smart watch over Apple.
Tune into FOX Business on Monday -- our own Jo Ling Kent will be in San Francisco for the Apple's unveil.
Be sure to check out all of today's interviews on FOXBusiness.com/OnCall and tune into Countdown to the Closing Bell every week day at 3 p.m. ET.