Closing Bell: A Big Unknown Now Revealed 1/30/26

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 30 January 2026

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

What does President Trump’s nomination of Kevin Warsh for Fed Chair mean for stocks? We discuss with Professor Jeremy Siegel and Tom Lee from Fundstrat. Plus, Former Fed Vice Chair Roger Ferguson and CNBC’s Steve Liesman tell us what the road ahead for the Fed looks like now. Plus, star Apple analyst Erik Woodring gives us his first reaction to that company’s results.

Transcript

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0:00.0	All right, welcome to closing bell. Thanks, guys. I'm Scott Wapner, live from Post 9 here at the New York Stock Exchange.
0:05.8	This maker break hour begins with a Worshack test for stocks. As the markets react to a new nominee for the Fed,
0:13.7	we'll discuss what Kevin Worse means to some big-time trades in this market, and they are moving sharply today.
0:19.6	In the meantime, we show you the scorecard
0:21.1	with 60 to go in regulation. Stocks, they've been read all day long and some very, very popular
0:25.7	trades have been unwinding a bit. Silver slammed after its huge run. Take a look at that, 27%.
0:34.4	Gold is also lower by about 7.5, so we're watching all of that.
0:39.6	We've been talking a lot about the dollar after being at a four-year low. The dollar
0:43.7	getting a boost today as well. The index up about three quarters of one percent. Individual stocks
0:49.8	today, Apple, not doing too much. After a really great earnings report. That chart tells the story.
0:56.7	We will ask Morgan Stanley analyst Eric Woodring if there is more to that story when he joins us
1:02.6	in just a little bit. It takes us to our talk of the tape, the road ahead for stocks, with a big
1:07.4	unknown now revealed. Let's welcome in our panel today.
1:12.9	CNBC contributor, Fund Stratt, Tom Lee,
1:14.6	and the Wharton School Professor of Finance,
1:17.5	Wisdom Tree Chief Economist, Jeremy Siegel.
1:18.9	Gentlemen, it's great to have you.
1:20.3	Professor, I'll start with you.
1:23.4	You call this an excellent choice of Mr. Worse.
1:24.3	Your first pick.
1:24.7	Why?
1:28.3	He's the most experienced.
	...

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