Peloton may be toast

Peloton had a disastrous 2021. But as impossible as it may seem, the exercise equipment company is arguably off to an even worse start to 2022.

News: What you need to know about the markets     Peloton may be toast Peloton had a disastrous 2021. But as impossible as it may seem, the exercise equipment company is arguably off to an even worse start to 2022. Read more »   Worker absenteeism triples because of Omicron The percentage of the adult population not working because of Covid-related reasons tripled between December and January, according to Goldman Sachs. Read more »   The stock market is a 'superbubble' about to burst, top hedge fund manager warns Stocks are off to a tough start this year. The tech-heavy Nasdaq is already in a correction, a more than 10% drop. And if one the most influential hedge fund managers is to be believed, this could be only the beginning of a very painful time for investors. Read more »   The sky is falling for Netflix Just like its comedy film "Don't Look Up," the sky may be falling for Netflix. Read more »   A US digital dollar: Fed weighs pros and cons in long-awaited paper Creating an official US digital dollar could speed up payments and provide households with a safe option as payments technology evolves — but it would also present financial stability risks and privacy concerns, according to the Federal Reserve. Read more »   Bitcoin tumbles as cryptocurrencies continue their downward slide Cryptocurrencies have had a dismal start to the year, and continue to plunge as major economies around the world look to curb their growing popularity. Read more »

Dow Nasdaq S&P -450.02   -385.10   -84.79 34,265.37   13,768.92   4,397.94 -1.30%   -2.72%   -1.89% YTD -5.70%   YTD -11.99%   YTD -7.73%

Biggest Winners CF Industries Holdings Inc +2.64%   Ventas Inc +2.22%   VF Corp +2.06%   Carmax Inc +1.92% Biggest Losers Ecolab Inc -8.48%   Nucor Corp -7.27%   Walt Disney Co -6.94%   Twitter Inc -6.60%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $84.78 -0.77 / -0.90% Gold $1,833.70 -8.90 / -0.48% 10-yr 1.75% -0.09 Euro $1.13 +0.00 / +0.28%

Hi, let us know what you think of this newsletter!   Tell us what you want to read more of... and less of. Email your tips and feedback to MarketsNowFeedback@turner.com

Sign up for Reliable Sources newsletter   Sign up for Before the Bell newsletter

Tips, thoughts or questions are always welcome at MarketsNowFeedback@turner.com   Want to change how you receive these emails? You can unsubscribe from this list   ® © 2022 Cable News Network Inc. A WarnerMedia Company. All Rights Reserved. You are receiving this message because you subscribed to CNN Business's "Markets Now" newsletter. Our Mailing address is: Cable News Network, Inc. 1 CNN Center Atlanta, GA 30303