Closing Bell Overtime: CAVA CEO On Labor & Consumer Spending; Rashaun Williams On VC Bounceback & Sports Valuations 7/3/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 3 July 2024
⏱️ 65 minutes
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| 0:00.0 | Fireworks indeed record closes on the short and trading day with the |
| 0:07.2 | S&P 500 and the NASDAQ both climbing throughout the session boosted by |
| 0:12.0 | salad games for Tesla and NVIDIA that is the scorecard on Wall Street |
| 0:15.0 | but the action is just getting started. |
| 0:16.9 | Welcome to a special edition of Closing Bell overtime. |
| 0:21.1 | I'm Morgan Brennan with John Fort. Yeah call it double |
| 0:23.8 | overtime we are with you for the next hour and a half as we get you set for the |
| 0:27.2 | release of the Fed minutes at 2 p.m. Eastern we got a panel of experts ready to |
| 0:31.6 | break down the latest messaging from the Fed. |
| 0:34.0 | Plus, the CEO of Mediterranean restaurant chain, Kava joins us exclusively. |
| 0:39.0 | With his read on consumer spending with Kava stock more than doubling so far just this year. |
| 0:44.8 | And AI drove venture capital funding to its highest level in two years last quarter. |
| 0:48.9 | That's according to new data out today. |
| 0:50.9 | We're going to talk to venture capitalists for Sean Williams |
| 0:53.1 | about the names he's most excited about right now. But let's begin with our |
| 0:57.1 | market panel as we set fresh record closes for both the S&P 500 and the |
| 1:00.9 | NASDAQ joining us now Barbara Duran of B. D Partners and Tim Urbanowitz of Innovation ETFs. |
| 1:06.4 | It's great to have you both here. Barb, I'm going to start with you. |
| 1:09.0 | I mean, it almost seems like I realize lower volumes today, |
| 1:13.2 | holiday shortened session, not necessarily a lot |
| 1:17.1 | to propel the market in a bigger way, |
| 1:19.4 | perhaps until Friday when we get jobs report. |
... |
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