Closing Bell Overtime: Apple’s Tim Cook To Become Executive Chairman, John Ternus Incoming CEO 4/20/26
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 20 April 2026
⏱️ 52 minutes
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| 0:00.0 | The bells bringing end to the trading day at the NYSC. |
| 0:03.0 | Cohen and Steers ringing the closing bell. And at the NASAC, Blue Moon Medals doing the honors. Welcome to closing bell. Over time, we're live from Studio B at the NASAC market site. I'm Melissa Lee, along with Mike Santoli. All good things must come to an end, I guess. The NASAC's 13 session winning streak snapped down a third of a percent. Smaller losses for the down, the S&P 500. |
| 0:21.6 | The Russell in the green, though, more in the market straight ahead. On our radar at the closed airline earnings coming at the same time deal drama surrounds the sector. |
| 0:29.6 | Speaking of deals, Eli Lilly making a big buy. We'll have those details. And are the crooks staying one step ahead of the cops, a different kind of |
| 0:38.2 | heist rocking the world of crypto? So kind of a gentle way for the streak to end, I would have to |
| 0:44.3 | say, in terms of magnitude of decline. You're not seeing a ton of outright buyer's remorse from |
| 0:50.3 | people who are gorging on the riskiest stocks. That said, really, I think benign digestion is what we're seeing today. |
| 0:56.9 | And it's one of those things where, you know, markets mostly represent a little bit of a bid |
| 1:04.0 | that peak uncertainty is over. |
| 1:06.5 | We're willing to take our chances that earnings are going to substantiate this move. |
| 1:10.1 | And that has to be |
| 1:11.1 | proven out. That's a very nice way, Mike, of saying that nothing much happened today. Nothing a lot happened. Preserver gains. Volatility was up, notably, but it does feel sort of like a pause. I had a big information flow period. The VIX did tick higher. Sometimes that's a Monday effect. sometimes it's a hey you never you never know, honestly, what's going to happen. Oil, of course, was firmer on the day. But, you know, |
| 1:31.5 | you gave the chance for some of the real momentum leading semis to take a pause, you know, the sandisks and such. |
| 1:38.9 | And that said, the speculative stuff is not calming down. Bloom Energy, Corweave, they're not coming in. |
| 1:45.5 | So I almost feel like we've almost reloaded the bubble energy a little bit. |
| 1:49.8 | We'll see if that actually plays out. |
| 1:51.6 | Well, as you mentioned, the NASDAX move higher. |
| 1:55.6 | Winning streak stopped at 13 sessions. |
| 1:57.5 | Christina Parts and Levels has got more on today's movers. |
| 1:59.8 | Christina. |
| 2:00.4 | Lucky 13. But oil prices |
| 2:01.8 | were once again whipsod by the latest developments in the Middle East as what had looked |
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