Closing Bell: Late-Session Selloff, Tech Shopping List, The Mood from the C-Suite 6/9/22
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 9 June 2022
⏱️ 46 minutes
🧾️ Download transcript
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| 0:00.0 | We've got right across the board today as investors await tomorrow's crucial |
| 0:03.8 | CPI inflation report. |
| 0:05.1 | Nas X down more than 1.4 percent. We're near session lows. The most important |
| 0:09.3 | hour of trading starts now. Welcome everyone to Closing Bell. I'm Sarah Eisen. Take a look at |
| 0:13.9 | where we stand in the market right now. S&P's off a little more than 1%. You've got |
| 0:18.5 | every sector in the red right now. Consumer Staples are holding up the best |
| 0:22.4 | communication services at the |
| 0:23.7 | bottom of the pack down one and a half percent along with financials technology |
| 0:27.2 | and materials. The NASDAQ as I mentioned down one and a half percent so |
| 0:32.1 | it was pretty much weakness across the board in the |
| 0:33.9 | cyclicals in the tech stocks as well what's what's weighing particularly some of |
| 0:38.6 | the big cap tech players like an NVIDIA lower today small caps down 1 and a quarter percent here's a look at some of the most actively traded and a while down 7% we're actually going to talk about that later in the market zone |
| 0:52.8 | with Phil LaBoe. The Chinese internet name's giving back some of their recent big |
| 0:56.0 | gains and they have been winners in the last week or so. Carnival cruises down |
| 1:00.5 | another 8.3% it's been slammed all year long. Coming up on today's show, |
| 1:05.1 | Tech Fund Manager Kevin Landis says it is time to put your shopping list together. |
| 1:09.5 | Even as the Nasdaq sinks again today, he's going to tell us the three names that made his cut and what he calls all weather growth industries. |
| 1:16.7 | And speaking of tech, Meta officially trading under its new ticker symbol today, |
| 1:20.6 | as the stock sits about 50% below its highs. We'll talk to a bullish |
| 1:24.3 | analyst about why he sees some big upside ahead for Meta. Let's kick it off |
| 1:28.4 | though with the broader market, Mike Santoli, taking a look at stocks |
| 1:31.6 | versus bonds for his dashboard today including we must hit |
... |
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