4.8 • 118 Ratings
🗓️ 23 May 2025
⏱️ 43 minutes
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0:00.0 | All right, Cort, thank you very much. |
0:02.7 | Welcome to closing bell. |
0:03.5 | I'm Scott Wobner live from Post 9 here at the New York Stock Exchange today. |
0:06.8 | This maker-breakout begins with a new Trump tariff threat, driving stocks lower today, |
0:11.4 | but we are way off the lows. |
0:13.4 | We're going to ask our experts over this final stretch, |
0:15.7 | whether escalating trade tensions once again will derail the run towards new highs. |
0:20.2 | In the meantime, let's show you exactly where we stand on this Friday. |
0:24.4 | Scoreboard looks like that was not a pretty picture right out of the gates today. |
0:28.6 | We were down big early and we tried to fight our way back throughout much of the session doing a pretty good job. |
0:33.9 | We'll see if in fact we can maybe close positive today. |
0:37.1 | Apple got a work, got some |
0:38.8 | work to do. It's lower for the eighth day in a row after the president threatening the company |
0:43.4 | with a 25% tariff on iPhones made outside the U.S. It is the stock's longest losing streak in |
0:49.8 | more than two years. Elsewhere, the VIX popping past 21 today. Interest rates at the long end, |
0:56.0 | which have given the market such a headache lately, especially earlier in the week. Well, |
1:00.4 | they've come down a bit, and we're watching that closely as well. It takes us to our talk of the tape |
1:04.9 | today. Rising trade risks once again and where stocks could be heading from here. Let's begin |
1:10.4 | with late breaking news out of the |
1:11.9 | White House at this hour. Our own Amon Javras just out of the Oval Office, in fact, and asked the |
1:18.0 | President a question about Apple. Got an answer that was very interesting. What can you tell us, |
1:23.1 | Amon? Yes, Scott, that's right. The President continuing to express frustration in the Oval Office with both the EU and with Apple. |
... |
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