A major bank is now calling for a recession in the US. And Burger King is facing a new lawsuit. What went up yesterday, has fallen right back down on wall street. Today’s dip was led by the tech sector.

The Dow fell 280 points to close at 34,641
The Nasdaq was down over 2%, losing 328
The S&P fell over 1%, down 57 points.

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Deutsche Bank warns The Federal Reserve’s fight against inflation will spark a recession in the US that begins late next year. It’s the first call of “recession” from a major bank.

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Stocks making headlines –
Twitter shares rallied another 3% after announcing Elon Musk will join its Board of Directors. The stock soared 27% yesterday after he disclosed a 9.2% stake.
Starbucks stock fell 4% as investors digested the CEO’s decision to stop their “stock buyback program”.

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Just how big is Burger King’s “whopper?” That’s what four customers would like to know. They’re suing the chain, claiming the company makes the burger look 35% bigger in ads… than it actually is. The class-action lawsuit also claims Burger King overstates the size of other menu items as well.

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From Los Angeles, I’m Brian Martin with your BEONDTV After the Bell report.