Closing Bell: Market Churns on Tariff Twists 03/06/25
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 6 March 2025
⏱️ 43 minutes
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| 0:00.0 | All right, thanks very much. Welcome to the closing bell. I'm Scott Wobner live from Post 9 here at the New York Stock Exchange. |
| 0:06.4 | Today this make or break hour begins with tariff, twists and turns, and a market caught smack in the middle yet again. |
| 0:12.3 | It has led to a level of uncertainty on Wall Street, not felt in a while, and it has continued to play out here in real time. |
| 0:20.0 | Let's take a look now at the major averages at the very moment, |
| 0:23.1 | another day of volatility stocks have been whipping around. |
| 0:26.9 | That's the current picture now. |
| 0:28.3 | The big news today was the S&P 500, |
| 0:30.9 | breaking below its 200 day moving average |
| 0:33.0 | towards the end of halftime earlier today. |
| 0:36.1 | The VIX on the rise, above 25. We're watching that closely, |
| 0:40.7 | too. That's a spike of some 17%. We're watching the NASDAQ today as well, which is under more |
| 0:45.7 | pressure, not only from the mega caps, but to the high momentum names which continue to unwind. |
| 0:51.5 | We'll watch all of that very closely over this final stretch as well. |
| 0:55.5 | It does take us to our talk of the tape, the road ahead for stocks and your money. |
| 0:59.4 | Let's bring in our experts, Liz Young Thomas, SOFI's head of investment strategy. |
| 1:03.9 | Cameron Dawson, chief investment strategist at New Edge Wealth, both here at Post 9. |
| 1:09.3 | Christina Parts of Nevelos watching the sell off in chips. That's |
| 1:12.3 | dramatic. Sima Modi is all over the momentum names, which we already told you, are under more pressure |
| 1:17.5 | again. Steve Leesman looking at what all of this says about the current state of the U.S. economy. Liz, |
| 1:24.2 | I'll just go to you first. Your feelings and thoughts as you watch this market |
| 1:28.1 | being pushed and pulled all over the place. I mean, it's chaos right now, right? We're in a |
| 1:33.4 | chaotic environment. The market is obviously not calming down even with the recent announcement, |
... |
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