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Closing Bell

Closing Bell: Disney Preview, Crude Snaps Losing Streak & Boeing Probe 5/6/24

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 6 May 2024

⏱️ 41 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

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0:00.0

Welcome to Closing Bell. I'm Scott Wobner live from Post 9 here at the New York Stock Exchange.

0:03.7

Let's make a breakout begins with the great market bounce back and whether you can believe in it,

0:08.4

we will ask our experts over this final stretch that very question.

0:12.0

In the meantime, your scorecard with

0:13.7

60 minutes to go in regulation looks just like that pretty solid day for the

0:17.3

majors we've got a little bit of pickup too as we enter the final stretch Russell

0:21.2

2000 the small caps they are the outperformers today why well

0:25.0

interest rates partly at least they've been calm and that's helping that trade

0:28.8

tech also strong as several mega cap names are in the green today including

0:33.2

invidia and that is back above $900 a share.

0:37.2

920 to be exact apple puts a touch lower after Berkshire Hathaway says it cut its

0:42.3

stake for tax purposes.

0:44.2

A strong day for shares of Uber 2 after the company holds its own annual meeting and a fresh

0:48.7

high for shares of Goldman Sachs.

0:50.3

So we've given you some of the highlights on this day.

0:52.8

It does take us to our talk of the tape, the rebound,

0:55.3

and whether you can trust it.

0:56.8

Let's ask our panel, Dan Greenhouse with Solis Alternative Asset Management.

1:00.7

Stephanie Link with Hive Tower,, Courtney Garcia with Payne Capital.

1:03.8

Step in court are both C. M.C. contributors, everyone here as you can see at

1:08.1

post nine. We have a little party over here. All right, Steph, can you trust this bounce back? Because it's been pretty darn strong

1:14.7

from the April intrad day lows. S&P's up 4%, Russell 2000 up, up 6.5, the NASDAQ up almost 7.

...

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