Closing Bell Overtime: Chipotle CEO On Earnings, Consumer Spending; OneStream CEO On 30%+ IPO Pop 7/24/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 24 July 2024
⏱️ 46 minutes
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| 0:00.0 | Well that bell marks the end of regulation |
| 0:03.1 | FISER bringing the closing bells in New York Stock Exchange, |
| 0:05.8 | prospect capital corporation doing the honors at the NASDAQ. |
| 0:09.1 | And it's been a brutal day for the Bulls |
| 0:11.7 | as the NASDAQ and S&P 500 turn in their worst day since |
| 0:16.2 | 2022 dragged down by Tesla Alphabet, Invidia, and other mega caps. That is the unfortunate scorecard for many on Wall Street, but |
| 0:24.3 | winter stay late. Welcome to close about overtime, I'm John Fort with Morgan Brennan. |
| 0:28.0 | Well, this hour of earnings will give investors some confidence. That's the question. We're ready to bring you the |
| 0:33.6 | play by play as numbers come out from forward IBM Chipotle, Service Now and many |
| 0:38.9 | more. Ploss we will talk exclusively with Chipotle CEO Brian Nickle before he talks to Wall Street analysts |
| 0:45.3 | on the earnings call. And the new software stock on the block is bucking the |
| 0:50.1 | downtrend today. The CEO of Enterprise Software firm One Stream joins us after the company |
| 0:55.2 | made its public debut at the NASDAQ today. But as we await earnings, let's get to this |
| 1:01.1 | sharp sell-off with our market panel. |
| 1:02.7 | Joining us now as Wealth Enhancement Group, |
| 1:04.4 | Senior Vice President Nicole Webb, |
| 1:06.4 | and CNBC Senior Markets Commentator Mike Santoli. |
| 1:09.8 | It's great to have both of you here. |
| 1:11.2 | And Nicole, I'm going to start with you because we had, it looks like a 3.6% down draft in the |
| 1:16.6 | NASDAQ. |
| 1:17.4 | For the S&P 500, the fact that we closed down, it looks like about 2.3%. |
| 1:21.8 | This is the first time we've actually seen a loss, a daily loss of 2% in the S&P 500, |
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