Closing Bell: Is This Rotation the Real Deal? 12/6/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 6 December 2023
⏱️ 43 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Guys, thanks so much. Welcome to the Closing Bell. I'm Scott Waughner live from |
| 0:03.5 | Post Nine here at the New York Stock Exchange. This make-a-break hour |
| 0:06.2 | begins with the best versus the rest. The best being Big Tech, which is |
| 0:11.4 | rallied the most this year as you know the rest well that's |
| 0:15.0 | all that hasn't the question now is a lasting rotation underway to those once |
| 0:19.7 | unloved areas we'll ask our experts over this final stretch. In the |
| 0:23.8 | meantime your scorecard was 60 minutes to go and regulation looks like this. |
| 0:27.5 | It is the Russell that's leading today. Small caps continuing to see a bounce back. |
| 0:32.6 | Nasdaq's a modest loser despite Apple hanging right around 3 trillion in market cap. |
| 0:37.6 | Yet again, interest rates, well they're falling again. |
| 0:40.4 | Labor costs falling, ADP employment coming in below expectations. |
| 0:45.0 | So that's what we're watching. |
| 0:46.4 | The two-year note yield is higher, |
| 0:48.0 | of everything else is down. |
| 0:49.4 | Takes us to our talk of the tape, |
| 0:50.9 | whether that recent rotation is real, and if it's truly time to |
| 0:54.9 | turn your portfolio upside down as the new year approaches. Let's ask Liz |
| 0:59.1 | Young so-fies head of investment strategy with me here at Post 9. |
| 1:02.8 | Nice to see you again. |
| 1:04.0 | You too. |
| 1:05.0 | That really feels like it's a conversation here. |
| 1:06.4 | We're trying to gauge whether this is legit, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

