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Closing Bell

Closing Bell: Navigating a Nervous Market 2/24/26

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 24 February 2026

⏱️ 42 minutes

🧾️ Download transcript

Summary

Some big earnings are coming amid a nervous market. So what’s the best strategy right now? We discuss with Blackrock’s Rick Rieder. Plus, Avenue Capital’s Marc Lasry weighs in on the anxieties surrounding private equity. And Alger’s Ankur Crawford maps out what she’ll be watching from Nvidia’s high-stakes report tomorrow.

Transcript

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0:00.0

Hi, and welcome to closing bell.

0:03.0

I'm Scott Wapner, live from Post 9, here with the New York Stock Exchange.

0:06.0

We do have two big interviews coming up this hour, Black Rock's Rick Reeder, and Avenues Mark Lazary,

0:11.0

joining me in just a little bit on all things markets.

0:14.0

In the meantime, this make-or-break hour today does begin with this bounce for stocks.

0:19.0

You're looking at the scorecard with 60 to go in regulation

0:22.2

today. It has been all green for the majors. Most S&P sectors are higher as well. Yeah, we're watching

0:29.0

tech today really closely ahead of NVIDIA's critical earnings report tomorrow. Some of the

0:33.6

beaten down names and software are higher as well as service now in salesports,

0:38.7

Adobe and Sentinel 1. AMD is a big winner today after scoring that big chip deal with

0:43.9

Meta and Home Depot is higher after a surprise jump in Q4 Coms. That print helping to give

0:49.4

a very nice lift to the discretionary space today. Across the board, we'll follow it. Into the close,

0:54.7

it takes us to our talk of the tape, a nervous market still. Some big earnings coming and what your

0:59.5

best strategy might be right now. Let's ask Black Rock's Rick Reeder. He's with me live today from

1:04.6

the I Connections Conference down in Miami. It's good to see you. Welcome back. Good to see you.

1:11.7

Thanks for having me on, Scott.

1:16.5

Hey, let me just ask you real quickly, just playing off of what, you know, Joe Kernan was just talking about with Kelly, the prospects that the president tonight, I'm not sure if you heard this reporting

1:22.7

from Joe who had a chance to speak with the president. President Trump's going to talk about

1:27.3

more tax cuts tonight,

1:28.8

both on the corporate side and the personal side,

1:31.3

maybe leaning a little more in on the personal side,

1:34.9

but with so much angst and conversation about the deficit,

...

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