meta_pixel
Tapesearch Logo
Log in
Closing Bell

Closing Bell Overtime 1/30/26

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 30 January 2026

⏱️ 41 minutes

🧾️ Download transcript

Summary

From the open to the close, “Closing Bell” and “Closing Bell: Overtime” have you covered. From what’s driving market moves to how investors are reacting, Scott Wapner, Melissa Lee and Michael Santoli guide listeners through each trading session and bring to you some of the biggest names in business.

Transcript

Click on a timestamp to play from that location

0:00.0

The bell's bringing in to the trading day at the NYSC, Church and Dwight, ringing the bell, and at the NASAC, Ether Holdings. Welcome to closing bell overtime. Live from Studio B at the NASAC market site. I'm Melissa Lee along with Mike Santoli. The breaking story of the day, President Trump naming Kevin Warsh as an ex-Fed chair after months of speculation, will dive into what this means for the future of the Fed. Meanwhile, stocks ending

0:21.8

the day lower the Dow down less than 200 points. S&P off about half a percent. The NASDAQ down

0:26.9

about a percent. The Russell, the biggest loser off more than a percent. The S&P, the only

0:31.7

index higher on the week, but fairly. Yeah, and massive moves throughout the commodity markets

0:36.5

today as well. Silver plunging down 30% at the lows that finished off about 28%.

0:41.3

That's its worst day since March of 1980.

0:44.3

Gold closed down 10%.

0:45.3

That's its biggest drop in decades and copper losing momentum as well.

0:49.3

We'll have more on this wild action straight ahead.

0:52.3

But first, let's get to Christina Parks and Nevelas with

0:54.3

some of the other big moves of the day. And there was actually a big theme with corporate

0:58.7

earnings this week. And I would have to say data storage and memory, long known as a boom and

1:04.2

bus business really may look very different in the AI era. Why do I say that? Well, Sandusk, standout.

1:10.4

The best performing stock in the S&P 500 this month up about 140%.

1:14.0

And it added even more gains today after guidance showed demand far outpaced supply into 2026. And then you zoom out, the stock is up roughly 1,200% just over the last six months.

1:25.6

Maddenum saying customers are just willing to sign multi-year agreements.

1:28.3

That's why it's not cyclical anymore, according to them.

1:31.3

Western Digital also backed up that renewed excitement in this one sleepy corner of technology.

1:36.3

Which shares did slip after rival the sea gate.

1:38.3

You can say slip 10% down after rival Seagate issues stronger guidance earlier in the week.

1:43.3

Supply is so tight that the NK Asia reporting today, Micron, SK Hinex, Samsung, are stepping up scrutiny of customer orders to prevent inventory hoarding.

1:53.7

It reminds me of the toilet paper trade in COVID.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.