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Closing Bell

Closing Bell: China Tariffs Impact on Tech & EVs, the Road Ahead for Tesla 11/11/24

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 11 November 2024

⏱️ 42 minutes

🧾️ Download transcript

Summary

From the open to the close, “Closing Bell” and “Closing Bell: Overtime” have you covered. From what’s driving market moves to how investors are reacting, Scott Wapner, Jon Fortt, Morgan Brennan and Michael Santoli guide listeners through each trading session and bring to you some of the biggest names in business.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to closing bell. I'm Scott Wobner, live from Post 9 here at the New York Stock Exchange.

0:03.8

This make-a-breakout begins with the bull market and whether a significant move higher is really now in the cards.

0:09.4

We'll ask our experts over this final stretch. In the meantime, the scorecard with 60 minutes to go and regulation looks like this.

0:15.6

A bit of a breather today, at least for the S&P and the NASDAQ. The Russell, though, is the outperforming.

0:22.4

It has been all day long.

0:24.7

NASDAQ has been the lagger, but there's a Russell up near 1.5%.

0:27.6

What about Tesla?

0:28.8

It's remarkable run continuing today.

0:30.6

That stock gaining nearly 40% since Election Day.

0:34.0

And Bitcoin, $85,000 is the new number, 86.

0:39.0

Now, actually, it just shows you what that has done as well.

0:42.6

The so-called Trump trade rolling on.

0:44.4

It does take us to our talk of the tape.

0:46.0

What is in store for this record-setting rally?

0:48.2

Let's ask our panel.

0:49.2

Trivariates, Adam Parker, J.P. Morgan Asset Management's Gabriela Santos.

0:53.3

And Robin Hood, Stephanie Gild.

0:54.7

Adam, a CNBC contributor.

0:56.1

Everybody, as you can tell, is at post-9 today.

0:59.3

Gabriella, I'll come to you first because I haven't heard from you since the election seemingly

1:03.6

changed kind of everything in this market.

1:06.6

How should we view what's taking place and what we think could still happen?

...

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