Closing Bell: Can You Trust the Rebound? 8/9/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 9 August 2024
⏱️ 43 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | All right, happy Friday. Welcome to Closing Bell. I'm Scott Wobner live and post-9 here at the New York Stock Exchange. |
| 0:05.0 | This make-a-break hour begins with the outlook for stocks as another big week looms large. |
| 0:10.0 | Earnings, more critical economic debt. it's all taking center stage. |
| 0:14.0 | We'll likely confirm too whether the worst is really over for the markets. |
| 0:18.0 | We'll ask our experts over this final stretch what is really at stake ahead, |
| 0:21.0 | including that man right there fun strats |
| 0:23.7 | tomly he'll join me in just a moment in the meantime let's show you the |
| 0:26.8 | score card was 60 minutes to go here in regulation we're still negative on the |
| 0:31.0 | week but we are positive on the day. |
| 0:33.7 | Pretty remarkable too, what's happened this week given Monday's big slide to start everything off. |
| 0:38.8 | Energy, industrial, financials, they're all positive on the weekend. |
| 0:41.6 | And what's been a nice snap back for those spaces. |
| 0:44.2 | You can take a look. Energy is just a modest loser at this moment. |
| 0:47.4 | It does take us to our talk of the tape, the market's next move, and whether this rebound |
| 0:52.3 | really can be trusted. |
| 0:53.7 | We're all wondering that of course. |
| 0:55.5 | So let's ask Tom Lee. |
| 0:56.9 | He joins us now live. |
| 0:59.5 | Welcome, it's good to see you. |
| 1:01.8 | Great to see you, Scott. |
| 1:03.4 | So I look at your notes today and you suggest |
| 1:05.8 | the worst is behind us. |
... |
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