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Closing Bell

Closing Bell 2/6/26

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 6 February 2026

⏱️ 49 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

We appreciate it. Closing Bell starts right now.

0:05.0

All right guys, thanks so much. Welcome to Closing Bell of Scott Wapner live from Santa Clara, a site of Super Bowl 60.

0:11.8

And speaking of big round numbers, the Dow hitting 50,000 for the very first time ever.

0:17.8

We're going to track it over this final stretch.

0:20.0

Can we close above there as well? Well, we shall see, which means you can't go anywhere. We're also going to speak live to the CEO of Levi's, the company's brand taking center stage this weekend. We look very much forward to that. And the mayor of San Francisco, Daniel Lurie, he'll join me, his city, in the spotlight over the next few days. Lots to discuss.

0:38.8

We, of course, though, we begin with the markets. As stocks are surging back today, how about the

0:43.5

equal weight S&P 500? Also hitting a new record high today, and that's a very, very big part of

0:50.4

this market story. So is Amazon. It's lower. It's AI spending plans. Well, they blew past

0:56.1

expectations. And that's where we begin today. History on Wall Street, the Dow, hitting 50,000

1:03.5

for the very first time ever. Let's bring in our panel, the Wharton School, Professor of Finance, Wisdom Tree

1:08.8

chief economist Jeremy Siegel,

1:15.9

CNBC contributors, Hightower, Stephanie Link, and Requisite Capitals, Bryn Talkington.

1:17.6

So good to have everybody with us.

1:20.2

Professor, I'm going to you first on this.

1:22.8

50K for the first time ever. We set this up about three weeks ago, and who would have dreamed that this is 50K?

1:28.0

I mean, I remember 10K in 1999, and, you know, it was 25K in 2008.

1:37.8

So, you know, in 2018, so in eight years, we've actually doubled the Dow.

1:44.5

And as you know, the Dow is underweight technology.

1:48.9

So it's more of the value stocks, more of the older stocks.

1:54.5

It does have a couple, certainly tech stocks in it.

1:57.1

But for that to hit a new high like this, I mean, it shows the fundamental, despite what we see

2:04.3

this rotation, there's a lot of fundamental strength in this economy. Yes, Steph, it shows the

...

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