meta_pixel
Tapesearch Logo
Log in
Closing Bell

Closing Bell Overtime 5/30/24

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 30 May 2024

⏱️ 44 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, Jon Fortt, Morgan Brennan 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

Salesforce hitting an air pocket and skewing the major averages lower today.

0:05.8

The NASDAQ also finishing right near the lows of the session, but it was a more mixed picture

0:09.5

beneath the surface.

0:11.2

That is the scorecard on Wall Street, but the action is just getting started. Welcome to Closing Bell. the Today is going to be even busier. Reports coming from Del Marvell, Gap,

0:23.4

Costco, Nordstrom, Net App, and many more.

0:25.9

We're going to bring you all the numbers

0:27.4

and expert analysis of those results.

0:30.2

But first, let's begin with today's action. Stocks pulling back a Salesforce weighs heavily on the Dow and the S&P 500.

0:38.0

Plenty of green on the screen today though. Most of the S&P 500 is higher even though the

0:44.0

the index overall wasn't the rest of 2000 climbing and nearly every

0:47.5

S&P sector finishing higher let's bring in Samir

0:50.8

Somana of Wells Fargo Investment Institute and bring back our own

0:54.0

C. M. B. C. M. C. M.

0:57.0

Samir, I'm looking at this overall market action

1:00.0

and what looks to me like a lot of sales force impact.

1:03.9

Maybe in a way like we didn't get a lot of

1:05.4

NVIDIA impact after its positive report,

1:08.6

but the WCLD Wisdom Trees Cloud Computing Fund

1:11.1

was down more than 3.5% today.

1:14.4

A lot of these smaller software names seeming to react.

1:17.8

Does that tell you anything about the psychology of this market

1:20.8

and perhaps where it goes from here. I think it tells me that where

...

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.