meta_pixel
Tapesearch Logo
Log in
Closing Bell

Closing Bell: 4/7/26

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 7 April 2026

⏱️ 47 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

Click on a timestamp to play from that location

0:00.0

All right, Kel, thanks so much. Welcome to closing bell. I'm Scott Wapner, live from Post 9 here at the New York Stock Exchange. This maker breakout begins with stocks on edge, that 8 p.m. deadline looming over the markets. Let's show you the scorecard here with 60 to go in regulation, a little bit of a turn lower in the last few moments. Still no really big moves ahead of this evening. Nasdaq's been down about 1% throughout the day.

0:23.3

Still is. The others about 3 quarters of 1% down. Oil has been higher for much of the day.

0:28.9

It took a little bit of a dip, but it moves up. Perhaps that's why stocks just maybe moved back a little lower as well.

0:34.9

So we're watching all of that. How about Apple shares today? Suffering one of the worst days in months. We're going to tell you why in just a little lower as well. So we're watching all of that. How about Apple shares today?

0:56.4

Suffering one of the worst days in months. We're going to tell you why in just a little bit. And Broadcom's hired today. It scored a new deal. We'll tell you with who. That story just ahead as well. Let's begin with our talk of the tape. It is the latest on the war. And we go to our Megan Kasella, who is at the White House with that for us.

0:56.8

Hi, Megan.

1:06.3

Hey, Scott, the White House now holding firm to the president's latest deadline for the Iranians to make a deal to reopen the strait of Hormuz or face attacks to its civilian infrastructure.

1:09.2

And at this point, we're just five hours out from that deadline.

1:12.4

And diplomatic talks appear to be on shaky ground. It remains deeply unclear how negotiations are going, whether a deal is still possible or

1:17.0

what it would look like.

1:18.4

White House Press Secretary Caroline Levitt telling me in a statement in the last hour that

1:22.1

the Iranian regime has until 8 p.m. Eastern time to meet the moment and make a deal with

1:26.4

the United States.

1:31.8

Only the president, she says, knows where things stand and what he will do.

1:35.5

And the only thing, Scott, that we've heard directly from the president so far today was via Truth Social this morning, where he warned that a whole civilization will die tonight,

1:40.5

never to be brought back again. Trump added that he did not want that to happen, but that it probably will.

1:46.0

So the rhetoric has escalated, but so have military actions.

1:49.0

A White House official confirming to me earlier today that the U.S. struck military targets on Karg Island overnight.

1:55.0

Israel's defense forces also warning Iranians not to travel by train today, signaling strikes on rail lines. And Iran has

2:01.4

warned that if the U.S. crosses red lines, that their response will go beyond the region. Scott.

2:07.9

All right. Megan, appreciate that very much on the north lawn of the White House. Megan

2:11.1

Casella, we mentioned the move today in oil. Pippa Stevens, always watching those markets for us.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.