Closing Bell: Bloom or Gloom? 4/1/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 1 April 2024
⏱️ 42 minutes
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| 0:00.0 | All right, thanks so much. Welcome to Closing Bell. I'm Scott Wobner, live from Post 9 here at the New York Stock Exchange. This make-a-break hour begins with the rally and the risks to your money as a new quarter begins. |
| 0:08.8 | Earning season soon to heat up, and that will likely hold the cards for stocks in the near term. |
| 0:13.4 | We're going to ask our experts over this final stretch, whether they'll live up to the |
| 0:16.4 | hype. |
| 0:17.4 | In the meantime, take a look at your scorecard with 60 minutes to go in regulations, some pretty good economic |
| 0:22.2 | data this morning. |
| 0:23.0 | Well that's sent yields higher, push stocks down, that's where they are. |
| 0:26.0 | Right now there's the 10-year 433. |
| 0:28.0 | The NASDAQ's been trying to make a move all day as Microsoft Meta and Alphabet Rise elsewhere. |
| 0:34.4 | Really only energy doing anything is last month's best trade looks for more momentum |
| 0:38.6 | in the quarter ahead. |
| 0:40.0 | It does take us to our talk of the tape, |
| 0:41.9 | whether a historically good month will play out that |
| 0:44.8 | way for investors. |
| 0:46.3 | Let's ask Adam Parker, he's the founder and CEO of Trivariate Research, a C NBC contributor |
| 0:51.0 | with me once again at post 9. |
| 0:52.4 | It's good to see you always |
| 0:53.4 | all right so new quarter same story for the rally what do you think you know we |
| 0:58.0 | look back our data goes back to nineteen twenty eight in our database and there's been 12 times previously we had |
| 1:06.4 | double-digit returns for the S&P in two straight quarters you know we were |
| 1:10.1 | up 11 and change in Q4 up 10 and a little bit in Q1. |
| 1:14.4 | So I said, all right, what happened to the quarter after that? |
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