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Closing Bell

Closing Bell Overtime: 6/6/25

Closing Bell

CNBC

Business, News

4.8 • 118 Ratings

🗓️ 6 June 2025

⏱️ 43 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

That bell marks the end of regulation.

0:03.0

Housing and Urban Development Secretary Scott Turner

0:05.0

when the close bell at the New York Stock Exchange,

0:07.0

Tech NYC, doing the honors at the NASDAQ

0:09.0

and a rally in the markets on the back of a better-than-expected jobs report.

0:13.0

The S&P touching 6,000 for the first time since late February.

0:17.0

Tech was the best performing sector of the week, up more than 3%

0:20.0

led higher by

0:21.2

chip names. Crude closing in the green, posting its best week since October. Broadcom

0:26.5

shares, though lower following its earnings. Despite the move, the stocks higher for the week

0:30.9

up 39% in the past three months. Lulu Lemon, the big loser on the day, its worst day since 2020 after cutting full year guidance and docusines sinking after Billings growth was slower than expected in the first quarter.

0:44.3

Well, that's the scorecard here on Wall Street. Welcome to closing bell overtime. I'm Morgan Brennan along with John Fort. The jobs report comes in better than expected.

0:52.3

Stocks moved higher with the S&P breaking back above 6,000.

0:56.8

All major indices closed higher for the second straight week.

0:59.8

It's the first back-to-back weekly gains that we've seen since May 2nd.

1:03.7

So what is that telling us about investor sentiment?

1:06.6

Well, let's bring in Mike Santoli, CNBC Senior Markets commentator.

1:10.8

Mike, talk to me about this rally.

1:13.6

We discussed it yesterday.

1:14.8

6,000 might be a round number.

1:16.4

It might not be the technical level that investors and traders were watching, but certainly a round number.

1:21.1

How does it speak to the momentum we have seen in stocks despite bond yields moving a little bit higher again today?

...

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