Closing Bell Overtime: Adobe CEO Shantanu Narayen Discusses His Major AI Announcement; Markets Await Tomorrow’s Huge Fed Decision 3/21/23

Major averages finish near session highs as investors await the Fed’s rate decision tomorrow. Meghan Shue of Wilmington Trust and Wedbush’s Sahak Manuelian preview what the Fed is likely to do. MassMutual CEO Roger Crandall on the continuing banking fallout from First Republic and Credit Suisse. Jon sits down with Adobe CEO Shantanu Narayen to talk Firefly and why Adobe stands to benefit from AI; SVB MoffetNathanson’s Sterling Auty breaks down his AI winners and losers. Plus, earnings from Nike and GameStop. Oppenheimer’s Brian Nagel just named Nike a top pick; he discusses the latest quarter and the market reaction.