4.8 • 118 Ratings
🗓️ 2 July 2025
⏱️ 44 minutes
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0:00.0 | Well, that's standard regulation. |
0:02.0 | Representatives of the state of Alaska, along with Prosper, Aligned, and Bident, asset management |
0:08.0 | ringing the closing bell at the New York Stock Exchange. |
0:10.0 | Young Biotech doing the honors at the NASDAQ. |
0:13.0 | Stocks ending the day mixed as investors weighed weaker than expected labor data against progress on trade talks. |
0:19.0 | The Russell 2000 was a standout today, up more than 2% |
0:22.0 | this week so far, but the S&P did hit another all-time high in trading today. You can see |
0:28.5 | finishing up about half a percent. Energy and tech, we're leading sectors, but material's not |
0:33.1 | far behind. Healthcare, utilities, consumer staples, those lagged. Oil closing higher by more than 3% |
0:39.0 | as geopolitics outweighed a surprise building U.S. crude inventories. Iran saying that it's |
0:43.6 | suspended cooperation with the U.N. nuclear watchdog. Plus reports today that mines were loaded |
0:48.5 | onto Iranian vessels last month. The dollar gaining some momentum midday before falling back |
0:53.9 | into negative territory. The greenback |
0:55.8 | hit the lowest level since 2022 in yesterday's trading, actually falling below the DXY, a key |
1:02.6 | technical level. That is the scorecard on Wall Street. The winners stay late. They do. That's why we're |
1:08.7 | here. Welcome to closing bell overtime. I'm John Ford |
1:10.9 | alongside Morgan Brennan. Coming up, Microsoft's going to cut 9,000 jobs across the company in |
1:16.3 | different units, different regions. We're going to look at what that could be saying about the |
1:20.4 | changing landscape in tech. Plus, we'll be joined by a firm CEO Max Levchin. What is he |
1:26.1 | seeing from the consumer right now? And we'll take a close |
1:29.0 | look at the parts of the budget bill that will directly impact high earners and investors. |
1:34.7 | Let's begin this hour with a check on both the stock and bond markets. Christina Parts Nevelis |
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