Closing Bell: New Bull Market or Last Hurrah? 11/28/23
Closing Bell
CNBC
4.4 • 141 Ratings
🗓️ 28 November 2023
⏱️ 44 minutes
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| 0:00.0 | All right here at the New York Stock Exchange. |
| 0:05.0 | This make or break hour begins with a big question about stocks. |
| 0:08.0 | How far can the runway for the rally go? |
| 0:11.0 | Just to the end of the year, as some are suggesting or can it go much |
| 0:14.8 | further? We'll ask our experts this hour including Pimco's Aaron Brown who |
| 0:19.2 | unveiled her 2024 playbook in just a few moments. |
| 0:23.0 | In the meantime, your score card |
| 0:24.8 | with 60 minutes to go in regulation looks like that. |
| 0:28.0 | It's mixed and it's not as good as it was. |
| 0:30.2 | I mean, the most active part of the day |
| 0:31.8 | was just before lunch, and that's when the feds |
| 0:34.2 | Chris Waller suggested if inflation continues to fall that rates could be lower. |
| 0:39.2 | Got a lot of people thinking about rate cuts because it sent stocks shooting higher at least for a bit |
| 0:45.4 | yields fell the 10 year touching below 3.5% so we're keeping our eyes all over that it's at |
| 0:51.3 | 433 in this final stretch how about micron a big |
| 0:54.8 | mover today after the chipmaker updated its guidance shares dropping on |
| 0:59.2 | that news they've been around that level for much of the day about 3% to the downside Disney. |
| 1:04.3 | It's lower to the CEO Bob Eiger holding a town hall today after one year back on the job |
| 1:09.6 | and Boeing getting a boost today after a big upgrade there and that stock is still |
| 1:15.3 | hanging on to the green the markets looking forward to crowd strike as well those |
| 1:19.6 | earnings a little bit later on in overtime we'll have have that for you, of course, as we make the turn into that next hour. It does take us to our talk of the tape. What the state of stocks truly is, a new bull market that's about to get even more steam or the last dash of a late year push |
| 1:34.1 | that will soon run out of gas. Let's ask Liz Young, so-fies head of |
... |
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