Defensives, trimming semis, Meta downgrade


Source: cnbc.com cnbc.com

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Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. The defensives are the only place to be Semis and U.S.-China tensions Quick mentions: META, STZ 1. The defensives are the only place to be Stocks edged down Tuesday, while bond yields rose on investor worries over inflation and its ripple effect on corporate earnings and the broader economy. The S & P 500 fell 0.13%, while the Nasdaq Composite lost 0.36% in midmorning trading, both down for the fifth straight session. The yield on...