Closing Bell Overtime: Charles Schwab’s Liz Ann Sonders On What’s Next For Global Markets; JPM’s Tusa On Top Picks 7/8/25
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 8 July 2025
⏱️ 43 minutes
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| 0:00.0 | And that bell marks the end of regulation. |
| 0:05.0 | Lors and Cabot winning the opposing by the New York Stock Exchange. |
| 0:08.0 | Stage future doing the honors at the NASDAX. |
| 0:11.0 | Stocks ending the day next to the President saying there will be no extensions beyond the new August 1st tariff deadline. |
| 0:17.0 | Energy and materials lead, utilities and consumer staples are your laggards. |
| 0:20.9 | Nearly every member of the S&P utility sector closed lower. |
| 0:25.0 | Treasury yields rising today with the 10-year back above 4.4% that's hitting the highest |
| 0:29.2 | level since June 20th, the 30-year approaching 5%. |
| 0:33.5 | Copper hitting an all-time high after the President said he would most likely impose a 50% tariff on the commodity and oil holding steady at a two-week high as traders continue to assess the impact of the OPEC plus output boost. |
| 0:48.6 | Well, that is the scorecard on Wall Street. Welcome to closing bell overtime. I'm Morgan Brennan, along with John Fort. We are three months |
| 0:55.4 | from the S&P closing low, a 25% gain for the index over that time. We're going to talk to Schwab's |
| 1:01.6 | Lizanne Saunders about whether a pullback could be coming. And if you can't beat the heat, |
| 1:06.0 | maybe invest in the companies powering the air conditioners. Utilities have been on a huge run |
| 1:10.6 | from the lows today aside, |
| 1:11.6 | and it could be just the beginning. |
| 1:13.6 | Well, small moves today for the major averages, |
| 1:16.6 | but we do have a lot of individual stocks making big moves today. |
| 1:19.6 | Christina Parks and Nebblis is here with those names. |
| 1:22.6 | Christina. |
| 1:23.6 | I got to start with Nvidia inching closer and closer to the one's unthinkable, |
| 1:25.6 | $4 trillion market cap. |
| 1:28.3 | Shares would need to hit $163 to get there today, but you can see they did close at 1601, so still a few dollars off. |
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