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Closing Bell

Closing Bell: 4/2/26

Closing Bell

CNBC

Business, News

4.4139 Ratings

🗓️ 2 April 2026

⏱️ 42 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, Melissa Lee and Michael Santoli guide listeners through each trading session and bring to you some of the biggest names in business.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to closing bell. I'm Scott Wapner, live from Post 9 here at the New York Stock Exchange.

0:04.2

This maker breakout begins with this week's market rebound, whether it is likely to hold.

0:09.4

Well, ask our experts over this final stretch. In the meantime, there is your scorecard with 60 to go in regulation today.

0:16.2

We did start out, sharply lower, as you know, clearly rattled the market was by the president's speech

0:21.8

last night oil shot higher it's mostly remained there but about mid-morning news about the

0:28.7

straight of Hormuz eased those significant declines nothing definitive but nonetheless it was

0:35.2

enough to get stocks back looking like that. Just modest losses.

0:39.5

Oil still elevated, though. WTI is $111 of barrel. So we'll have more on all that coming up.

0:45.6

Vick still elevated, something to keep an eye on. Tesla, a big decliner today. A Philibault is standing

0:53.1

by force with those details. He'll join in a minute. It takes us to our talk of the tape. The takeaways from this week's market action with earnings season just around the corner. Let's first, though, go to Washington, our own Aman Javers, for what has been another day of volatility in the market. And I guess in terms of the news coming out of the war with Iran,

1:12.2

Amen. Yeah, we've had a lot of volatility, Scott. And it started last night. You mentioned the

1:16.6

market turning right after the president got finished speaking last night. We saw futures going down,

1:22.2

oil prices going up in the wake of that speech. I think this was the moment, this sound

1:27.2

but I'm going to play for you,

1:28.2

might have been the moment when the market sort of realized what the president was saying

1:32.5

in terms of his vision for the future of the Strait of Hormuz. Take a listen.

1:36.9

To those countries that can't get fuel, many of which refuse to get involved in the decapitation

1:43.4

of Iran, we had to do it ourselves.

1:46.0

I have a suggestion, number one, buy oil from the United States of America.

1:50.0

We have plenty. We have so much.

1:52.0

And number two, build up some delayed courage.

1:55.0

Should have done it before. Should have done it with us, as we asked.

...

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