Closing Bell 4/10/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 10 April 2024
⏱️ 43 minutes
🧾️ Download transcript
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| 0:00.0 | Thank you. |
| 0:01.0 | Thank you. |
| 0:02.0 | Welcome to Closing Bell. |
| 0:03.0 | I'm Scott Wobner live from Post 9 here at the New York Stock Exchange. |
| 0:06.3 | This make-a-break hour begins with the sell-off after the C. |
| 0:09.5 | And whether it is time for investors now to rethink the road ahead for stocks and the Fed. |
| 0:13.7 | And we will ask our experts that very question over this final stretch, including Goldman's |
| 0:17.8 | Jan Hatzius. |
| 0:19.2 | He will be here to give me his first reaction to today's disappointing inflation number. |
| 0:23.3 | In the meantime, your score card was 60 minutes to go and regulation looks like this. |
| 0:26.8 | Stocks Down yields up. |
| 0:28.6 | That's the immediate reaction today and that happened this morning to that hotter than expected |
| 0:32.6 | CPI. The major average is under significant pressure all day long. |
| 0:36.2 | And as we begin this final stretch, we're just about at the lows. |
| 0:39.2 | Dowdown seven of the past eight days. We are tracking it all for you including rates. They moved |
| 0:44.7 | even higher midday after a bond auction. So we have to watch that too into this |
| 0:49.4 | final stretch here. All of it takes us to our talk of the tape. Is the record setting rally now in |
| 0:54.6 | serious jeopardy as rate cuts get pushed further and further out with some now |
| 0:58.7 | wondering if we'll get any at all? Let's ask Josh Brown. He's the co-founder and |
| 1:02.3 | CEO of Ritholz Wealth Management and a |
| 1:04.1 | C. |
| 1:05.1 | He's with me as you can see at Post Nine. It's good to see you. Rick Reader Blackrock |
... |
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