Closing Bell: A Market Breather … or Something Bigger Bubbling? 4/20/26
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 20 April 2026
⏱️ 43 minutes
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| 0:00.0 | Welcome to closing bell. I'm Leslie Picker in for Scott Wapner. Today we are live from post |
| 0:05.2 | nine at the New York Stock Exchange. Stock's preparing to snap. There are 13-day winning streak |
| 0:10.6 | tensions escalating between the U.S. and Iran. However, investors are betting that two countries |
| 0:15.6 | will reach a compromise. Here's a look at the scorecard with 60 to go in regulation. The Dow is down about |
| 0:22.2 | 0.1%, the S&P down, 0.3%, the NASDAQ, down by about the same magnitude. Take a look at |
| 0:29.7 | oil, crude surging following the latest developments out of Iran. WTI up about 6% ice Brent |
| 0:36.6 | of about 5.6%. And software bouncing once again today up about |
| 0:42.1 | 1.1 on the IGV with Adobe moving higher after announcing the launch of its new AI agent platform. |
| 0:49.3 | We'll take you live to the company's summit in Las Vegas. And Fed chair nominee, Kevin Warsh, testifying before |
| 0:55.2 | the Senate Banking Committee tomorrow morning, will have a report on what he's preparing to say |
| 1:00.4 | about future Fed independence and more in just a moment. And that, of course, takes us to the talk of the |
| 1:05.7 | tape. Is the market taking a quick breather or something bubbling beneath the surface? |
| 1:11.0 | Let's ask our panel, Solis, Dan Greenhouse, JP Morgan, Private Banks, Abby Yoder, and |
| 1:16.1 | wealth enhancement groups Ayako Yoshioka are all here today for the panel. |
| 1:22.1 | Dan, let's start with you. |
| 1:23.1 | I know you have kind of urged investors to ignore the puts and takes of the various geopolitical |
| 1:29.4 | conflict on a daily basis. How risky is it, though, to do that? I mean, especially given just |
| 1:35.3 | the overall tail risk environment and so many unknowns out there. Well, I guess based on the fact |
| 1:39.9 | that the market is now higher than when the war started, I'll say not very risky. But the point about, |
| 1:44.9 | the point about, I was talking about it, sometimes the best thing to do is nothing, which is |
| 1:50.2 | sort of how I described it over the last couple of weeks, is this is really difficult to trade. |
| 1:55.1 | On any given day, the trade is open, it's closed, ships are being taken, they're not, they're |
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