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Closing Bell

Closing Bell 4/10/24

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 10 April 2024

⏱️ 43 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

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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