Closing Bell 11/14/23
Closing Bell
CNBC
4.4 • 141 Ratings
🗓️ 14 November 2023
⏱️ 43 minutes
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| 0:00.0 | Welcome to Closing Bell, I'm Scott Wobner live from Post 9 right here at the New York Stock Exchange. |
| 0:04.4 | This make-or-break hour begins with the bull case for stocks, whether it just got turbo-charged today. |
| 0:09.6 | With that better than expected, CPR report, we're're gonna ask our experts over this final stretch |
| 0:14.1 | where your money is likely to head from here. |
| 0:16.8 | In the meantime, your scorecard with 60 minutes to go |
| 0:19.2 | in regulation, one of the best and broadest days |
| 0:21.5 | and months looks like that. The S&P hitting 4,500 today. It's |
| 0:26.2 | trading above that level. That is a 2% gain. It would be only the second 2% one day gain of the year if you can believe that look at the |
| 0:34.6 | Dow it's heading towards 35,000 many different parts of the market taking off |
| 0:40.0 | after that inflation read a strong day for cyclical areas as you might expect |
| 0:43.6 | financials industrial's materials how about Home Depot that's a standout |
| 0:48.0 | for the Dow today after its own earnings report also giving a big lift to |
| 0:51.0 | discretionary names wow that's all I can say about the Russell 2000. |
| 0:56.7 | Take a look up nearly 5% for much of the session today. Regional bank staging a big relief |
| 1:02.1 | rally along with other besieged parts of the |
| 1:04.1 | markets as well. And not to be out done, of course, Tech also a strong point today. |
| 1:08.7 | NVIDIA is going for its 10th straight update. Apple approaching $190 a share. It's the NASDAQ's best day since |
| 1:15.0 | May. Yields, big part of the story. They plummeted today. The 10 year |
| 1:18.9 | hitting 4, 4, 5%. As the markets contend, the Fed is done raising interest rates for good. |
| 1:26.0 | It leads us to our talk of the tape, whether the bear case is finally finished. |
| 1:31.2 | Let's ask Cameron Dawson, Chief Investment Officer for New Edge Wealth, here |
| 1:35.0 | with me once again at Post-9. You want to answer that question? Is the Bear Case dead? |
... |
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