Closing Bell: Navigating New Highs 8/13/25

Closing Bell

CNBC

Business, News

4.8 • 118 Ratings

🗓️ 13 August 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

The story continues to be the broadening as tech takes a slight breather today. Plus, another booming IPO could be a big signal for the overall outlook for stocks. We discuss with Trivariate’s Adam Parker, Charles Schwab’s Kevin Gordon and Mike Rode from American Century Investments. BTIG’s top technician out with a fresh note on small caps today. He joins us with what’s behind his call. Lo Toney from Plexo Capital tells us how he is navigating the tech space with the Nasdaq at new highs. And, Anastasia Amoroso from Partners Group tells us whether she thinks this is really one of the best environments we’ve seen in some time for investing in stocks and bonds.

Transcript

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0:00.0	All right, Brian, thanks so much. Welcome to closing bell. I'm Scott Wobner, live from Post 9 here at the New York Stock Exchange.
0:06.2	This maker breakout begins with this record-setting market, another booming IPO, and what it says about the overall outlook for stocks.
0:13.4	We'll ask our experts over this final stretch. We'll show you the scorecard here.
0:17.0	The majors with 60 to go in regulation. Once again, the story continues to be the broadening of this market.
0:22.8	Tech is taking a bit of a breather this afternoon, and the Russell is outperforming once again.
0:28.3	Small caps continue to get that bid higher on hopes of coming rate cuts. Some standouts in the market
0:33.9	stay bad and good. Kava crushed on its earnings.
0:38.4	Brinker just crushing it after its own results.
0:41.1	It's Chili's restaurant chain is on fire, and that stock reflects that.
0:45.7	It takes us to our talk of the tape.
0:47.6	This high-powered market, yet another surging IPO, bullish, booming on its first day of trade
0:53.0	here at the New York Stock Exchange. Pricing at 37.
0:56.0	That was above the range. The stock's been halted multiple times, and it is currently, as you see,
1:02.0	surging up better than 131%. For more, let's bring in our panel. Trivariate Research is Adam Parker,
1:08.0	Charles Schwab's Kevin Gordon, American Century Investments, Mike Road.
1:12.1	Adam's a CNBC contributor.
1:13.7	It's good to have everybody with us.
1:15.8	Adam, I bring up the IPO right off the bat because it speaks to the feeling in this market.
1:23.0	Now, especially if you're in the right place, at the right time, but there is a lot of enthusiasm
1:29.3	it feels like now about stocks. Is it warranted?
1:34.7	Yeah, look, the IPO market was dormant for so long that we've seen a lot in the last two,
1:38.7	three months. We've seen some more rumors about and some actual M&A. So I think that part
	...

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