Closing Bell: 6/27/25

Closing Bell

CNBC

Business, News

4.8 • 118 Ratings

🗓️ 27 June 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ 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	Thanks so much. Welcome to Closing Bell. I'm Scott Watner live from Post 9 here at the New York Stock Exchange on this very busy Friday. Now this Maker
0:08.0	begins with stocks hitting new highs, but then take a look at that chart on the S&P 500. A bit of a different story here on those trade headlines that Brian was just mentioning. We'll have more on that in a moment and ask our experts over this final stretch, including Ed Yardinney, what all of it means. He's going to join us in just a moment. We'll show you the major averages here collectively across the board. Again, a little bit of a different story. Both the S&P and the NASDAQ did hit record levels earlier in the session. It's a technology story, but not just that.
0:39.7	Industrials and financials have also been around new highs today. We'll track all of that. Individual
0:44.6	stocks making news. Nike certainly worth a mention today. That stock is surging. Investors betting
0:49.9	the worst now behind that company and betting by 15% in the green today.
0:54.5	Following the latest earnings report there, we'll track it into the close.
0:57.8	It does take us to our talk of the tape.
0:59.5	How high can this market really go when you still have those kinds of headlines out there about trade, about taxes,
1:07.3	and about other things driving the market activity?
1:10.9	We'll ask our experts.
1:12.0	We do first want to go, though, to Megan Casella in Washington.
1:15.8	She has the very latest on those headlines, which have definitely impacted the market
1:20.1	over the last hour or so.
1:22.2	Megan?
1:23.1	Absolutely, Scott.
1:23.9	Potential now for the trade war to heat up again.
1:26.1	This time specifically with Canada, the president posted just before about 2 p.m., that because Canada is moving
1:32.3	forward with the digital services tax, which will impact U.S. tech companies, he says he will
1:37.0	then be termed terminating all discussions on trade with Canada effective immediately. He goes on
1:42.6	to say that he will be letting Canada know the
1:44.9	tariff that they will be paying to do business with the U.S. within the next seven days.
1:49.7	So more to come on this front, but really shaking up the U.S.'s relationship with its second
	...

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