Closing Bell: Bullish Momentum Back? 8/19/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 19 August 2024
⏱️ 43 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | All right, welcome to Closing Bell. |
| 0:03.0 | I'm Scott Wapner live from Post 9 here at the New York Stock Exchange. |
| 0:06.0 | This make-a-break hour begins with this broad-based rally in stocks. |
| 0:09.0 | The major average is building on their best week of the year with even more gains today. |
| 0:13.0 | We'll ask our experts over this final stretch how far this rally can go in the weeks ahead. |
| 0:18.0 | Take a look at the scorecard with 60 minutes to go now in regulation. |
| 0:21.0 | We do have green across the board today. |
| 0:22.0 | All S&P sectors are showing |
| 0:24.4 | gains today. Nice action from the NASDAQ up near 1%. How about volatility? Two weeks ago it went |
| 0:30.4 | crazy. Well there it is today subdued under 15 is the vix the yields |
| 0:35.6 | on treasuries they're mostly lower across the curve that fed summit in Jackson |
| 0:39.9 | Hole is looming of course at the end of this week. We also have some important |
| 0:43.5 | earnings in the days ahead including lows and Target and Macy's. We're |
| 0:47.5 | watching all those shares as well. Discretionary stocks are having a pretty good |
| 0:50.6 | day. They're all in the green. Certainly a renewed focus on the health of the consumer |
| 0:54.4 | after some better than expected data lately, |
| 0:56.3 | so that is all even more relevant. |
| 0:58.7 | Now, it takes us to our talk to the tape. |
| 1:00.9 | Whether the bullish momentum is back following that scare a couple weeks back, |
| 1:04.5 | let's ask our panel that question. Chris Heisey is CIO Maryland Bank of America Private Bank. |
| 1:09.2 | Lauren Goodwin is Chief Market Strategist with New York Life and Malcolm Etheridge is executive |
| 1:13.6 | vice president of CIC wealth and a C NBC contributor. |
... |
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