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Closing Bell

Closing Bell 12/30/22

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 30 December 2022

⏱️ 43 minutes

🧾️ Download transcript

Summary

From the open to the close, "Closing Bell" has you covered. From what’s driving market moves to how investors are reacting, Closing Bell guides listeners through each trading session and brings to you some of the biggest names in business. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

It is the final trading session of 2022 and a pretty fitting end as it happens.

0:05.4

Stocks close out a rough year with more losses.

0:08.4

This is the make or break hour for your money.

0:10.1

Welcome to Closing Bell.

0:11.4

I'm Mike Santoly in for Sarah Eisen.

0:14.0

Here is where things stand in the market.

0:16.3

See the S&P 500 down a little bit over 1% at the moment.

0:20.2

The Dow is slightly outperforming.

0:21.5

Nasdaq, small caps, still, pressure to the downside,

0:25.5

underperforming on the day.

0:27.4

The 10-year note yield is higher,

0:29.2

could have something to do with equities

0:30.9

being on their back foot as well. And here is the scorecard for the year

0:35.2

on the major averages.

0:36.8

The S&P 500 has been bumping along that down 20% area.

0:41.7

We're actually just under that right now. We'll see how it actually

0:44.8

closes up the Dau's been a big outperformer with a lot of those defensive names

0:49.2

as well as some energy. Coming up on today's show we'll talk to former Spotify executive-turned- Venture Capital

0:55.2

is Michael McNano, about the brutal year for IPOs and the biggest opportunities and technologies

1:01.0

that he's watching in 2023.

1:03.0

Plus, what's New Year's without a countdown?

1:05.0

All hour.

...

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