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Closing Bell

Closing Bell: Market Ready to Move Higher? 4/9/26

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 9 April 2026

⏱️ 43 minutes

🧾️ Download transcript

Summary

Morgan Stanley’s Mike Wilson maps out his forecast for stocks and his post-war market playbook. Plus, top analyst Mike Mayo tells us what he’s expecting from the banks this earnings season. And, there are also more places to watch The Masters than ever. CNBC’s Alex Sherman explains all the details.

Transcript

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0:00.0

Guys, thanks very much. Welcome to closing bell. I'm Scott Wobder, live from Post 9 here at the New York Stock Exchange.

0:06.6

This maker breakout begins with another jump for stocks today. Let's get your right to the scorecard with 60 to go in regulation, where green across the board was just before noon that the market did jump higher on a headline that Israel and Lebanon would engage in direct talks.

0:21.0

Been some headlines in the last 30 minutes or so that we're following closely and watching

0:25.5

every single market move, including oil, which did slip lower today.

0:30.3

Obviously watching that, it's now reversed too.

0:32.9

So oil, WTI, is back towards 100.

0:35.7

There is Brent about 96 and a half. Discretionary names, they are leading the market today. You see some of the travel related, some of the restaurant names, retailers, etc. Gains today in Tesla and Amazon, that's the big reason why the discretionary sector is the outperformer. They're among the biggest stocks in it,

0:54.9

so that's what happens. Some nice follow-through as well from META after Wednesday's a huge move.

1:00.0

There's a 2.5% gain there. The deal with CoreWeave, that company has that stock also sharply

1:05.8

hired by more than 3%. The chip equipment names on your screen there getting a nice bump as well.

1:10.4

The banks banks they're

1:11.2

green ahead of their earnings next week mike mayo coming up in just a bit with his expectations

1:16.0

there it does take us to our talk of the tape a market that certainly feels like it wants to go higher

1:21.0

as long as the headlines keep working in its favor for the very latest on the war and the

1:26.2

ceasefire let's go to the white house now our meganissela. Hi there, Megan. Scott, we're tracking a lot of fastening pieces on this conflict between Israel and Lebanon. And just in the last half hour or so, Israel's defense forces out with a new statement on social media, saying that, quote, they continue to fight against Hezbollah in Lebanon with great intensity. They're differentiating in

1:44.8

this statement, Scott, between entering into a ceasefire in Iran while continuing to fight against

1:49.5

Hezbollah in Lebanon. And this statement coming after earlier this afternoon, you referenced

1:53.7

this statement, Israeli Prime Minister Benjamin Netanyahu was out with a new statement, saying

1:57.5

that he had instructed his cabinet to open direct talks with Lebanon, Lebanon.

2:01.7

That then sowed some hope that there could be a pause to the top, to the fighting between

2:06.2

Israel and Hezbollah in Lebanon. And Scott, just remember the context for all of this is that

2:10.7

the Iranians had thought the ceasefire that we've been talking about included Lebanon as well,

...

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