Closing Bell 11/15/23

Closing Bell

CNBC

Business, News

4.4 • 141 Ratings

🗓️ 15 November 2023

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

From the open to the close, “Closing Bell” and “Closing Bell: Overtime” have you covered. From what’s driving market moves to how investors are reacting, Scott Wapner, Jon Fortt, Morgan Brennan and Michael Santoli guide listeners through each trading session and bring to you some of the biggest names in business.

Transcript

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0:00.0	Welcome to Closing Bell. I'm Scott Wabner live from Post 9 here at the New York Stock Exchange.
0:04.0	This make-a-break hour begins with stocks on the run. The rally extended after another read on inflation comes in better than expected.
0:11.2	Coming up momentarily, I will ask the Wharton Schools,
0:14.2	Jeremy Seagull, just how long this can last and if the Bear Case is now truly
0:18.6	dead. In the meantime, your scorecard was 60 minutes to go and regulation
0:22.3	looks like that been mostly a positive day for the majors
0:25.0	It had felt like we were taking a little bit of a breather but wouldn't you know it would begin the final stretch
0:30.6	Got a little bit of a pickup here. And that following the best day in
0:33.8	months for your money yields. They've crept back up today. Might be putting a
0:36.8	little bit of a lid on stocks at the moment. There is the 10-year no-yield
0:41.6	453 and video.
0:43.0	Wow, that's been up 10 straight days coming into today.
0:46.0	It's giving a little bit back.
0:48.0	Microsoft making a big announcement about a new chip today.
0:50.0	How about Disney?
0:51.0	A new activist investor there, the stock up nicely,
0:54.3	and target beating on earnings and surging as a result.
0:57.3	It is the best name out of the S&P today.
0:59.4	It takes us to our talk of the tape,
1:01.2	the staying power of this move.
1:03.2	As the market bets, the Fed's next action
1:05.2	is a cut in interest rates.
	...

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