Closing Bell 3/28/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 28 March 2024
⏱️ 44 minutes
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| 0:00.0 | All right, welcome to closing bell. I'm Scott Wobner live from Post 9 here at the New York Stock Exchange. |
| 0:04.1 | This make a breakout begins with another big month for stocks and all that lies ahead is the rally is at five months and counting. |
| 0:10.4 | We'll ask our experts over this final stretch where we are likely to go from here. |
| 0:14.8 | In the meantime, take a look at your score card with 60 minutes to go in regulation. |
| 0:18.7 | The S&P looking to extend its best start to a year since 2019. Energy once again and outperformer. We are |
| 0:26.3 | watching tech closely. We always do. It's been down three of the past four |
| 0:30.1 | weeks. That's interesting. Look at those stocks. They're lower. |
| 0:33.0 | Apple, Microsoft, and Meta, NASDAQ all but flat on the session today. |
| 0:36.0 | The big news of the week really coming tomorrow morning, as you know, the Good Friday release of the |
| 0:41.4 | PCE inflation report markets closed closed but we will have that |
| 0:44.9 | for you 8.15 a.m. Eastern time on c.m. don't miss that interest rates they're a touch |
| 0:51.3 | higher ahead of that as well. |
| 0:53.7 | Takes us to our talk of the tape what's in store for this rally in the quarter ahead. |
| 0:57.9 | Let's ask Cameron Dawson, New Edge Wells, Chief Investment Officer with me once again at Post 9. |
| 1:03.0 | It's nice to see you again. |
| 1:04.0 | All right, so we're, the curtain, as I said earlier, is coming down. |
| 1:07.0 | We're going to turn the page to a new quarter. |
| 1:09.0 | Do we still have momentum to keep this going? |
| 1:11.0 | The market certainly does have momentum but the catches |
| 1:14.0 | some of the momentum stocks have started to stall out a little bit and that's what |
| 1:18.8 | you mentioned in talking about tech. Tech has certainly started to lose a little bit of its momentum. Now it's |
| 1:24.6 | not outright weakening which means that the market is still able to go up because you're |
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