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Closing Bell

Closing Bell: 11/24/25

Closing Bell

CNBC

Business, News

4.4139 Ratings

🗓️ 24 November 2025

⏱️ 40 minutes

🧾️ 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

All right, Brian, thanks so much.

0:01.5

Welcome to Closing Bell.

0:02.2

Scott Walker, live from Post 9, here at the New York Stock Exchange.

0:05.0

This make-or-break hour begins the big bounce back in stocks today.

0:09.0

That is where we begin.

0:10.3

And whether we're better position now for an end-of-year run,

0:13.8

we'll ask our experts over this final stretch.

0:15.8

Here is the scorecard now with 60 to go in regulation today.

0:18.8

Lots of green on the board, you know by now, led by a significant bounce and probably a much

0:23.5

needed one in tech.

0:25.0

Chip names like Broadcom and Micron Lamer Search and Marvell are surging today.

0:30.1

And how about Alphabet hitting yet another all-time record high?

0:34.3

Tesla's up sharply, vertiv is two, Palantir is jumping. And how about this move in the

0:39.5

industrials from Caterpillar? It's continuing its very strong year today. Take a look at that stock

0:44.4

up better than 2%. And there is that run, 55% year to date. It does take us to our talk of the tape.

0:51.6

The home stretch for your money and what it might hold. Let's welcome our panel for the answers. Solace Alternative Asset Management's Dan Greenhouse, CNBC contributor, Payne Capitalist Courtney Garcia, and JPMorgan Private Banks, Abby Yoder. Good to have everybody with us. Abby, I'll start with you. Did we shake out enough of whatever we had to shake out last week that we can

1:11.7

regroup and start a new now? I mean, it certainly feels that way from a positioning standpoint,

1:16.4

right? You saw a lot of that washout. It really started at the end of October as we kind of

1:20.3

some liquidity that came out of the market. But within this technically technical driven move

1:26.2

in terms of like the AI-in-tech related names, you still had this really solid fundamental backdrop in terms of the AI story and the AI spending story. Now I think going forward, yes, it sets us up nicely as we head into the end of the year, but I think there's going to be a little bit more of a discerning eye on, you know, where are you getting your revenues, how backward loaded are they? You know, are they concentrated in one vendor? Like, there's going to be a lot more, I think, distinguishing that sense. Maybe that's a good thing, right? Maybe we should be asking those questions and scrutinizing some of this a little bit more than maybe we had. Yeah, no, I totally agree. And you have seen that from like if you think about software versus semis this year, for example. But now thinking about it, who is the winner within semis? Who is the winner within software? I think will be much more of a theme going forward. So things got a little more noisy, Dan, right? I mean, last week it was a little more volatile. As I said, we had to shake out some stuff. Pascarello at Goldman today says it's a bull market and the primary

2:18.0

uptrend remains intact. I'm a believer that liquidity is set to improve and the economy should

2:23.5

accelerate. The story may not be as pristine as it was, but that interplay is still pretty favorable.

...

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