4.8 • 118 Ratings
🗓️ 24 June 2025
⏱️ 44 minutes
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0:00.0 | Well, that's under regulation. Tweedy Brown ringing the closing belt, the New York Stock Exchange, Goldman Sachs Asset Management doing the honors at the NASDAQ. |
0:10.6 | Stocks rallying today. After the president broker is ceasefire between Israel and Iran, the S&P is now just 1%. 1% from all-time highs. |
0:20.7 | Oil, the big mover of the day, to the downside, falling more than 5% |
0:24.2 | now lower by more than 12% over the past two days. Investors no longer betting on the possibility |
0:28.8 | of a potential supply shop due to mid-Mitties tensions. The S&P tech sector, though, hitting an all-time |
0:34.7 | high for the first time since December 2024. It's now |
0:37.9 | outperforming the S&P for the year. Chipstock's outperforming with nearly all the components |
0:43.0 | of the sector ETF higher on the day, AMD, Broadcom, Marvell, and Micron, which reports here |
0:48.5 | tomorrow leading the charge. Gold hitting a two-week low, posting its worst day in a month. The |
0:54.1 | gold ETF, GDX, lower |
0:55.8 | for the fifth session in the past six. And some names hitting all-time highs. Netflix, J.P. Morgan, |
1:02.4 | G.E. Vernova, Microsoft, and Seagate. Well, that's the scorecard on Wall Street. Welcome to |
1:07.4 | Closing Bell overtime. I'm Morgan Brennan. John Fort is off. Well, coming up this hour, |
1:12.2 | we will get earnings from FedEx and Dronmaker, defense contractor, Aero Virenment. Plus, markets seem to |
1:18.9 | think Iran is not a military threat, but what about a cyber threat? We're going to talk to Crowdstrike |
1:25.2 | CEO George Kurtz. That sector is seeing big gains this |
1:28.2 | year. Crowdstrike is up 42% since the start of the year. But let's dive into markets. |
1:33.6 | Stocks are finishing the day higher as investors hope a ceasefire between Iran and Israel will hold. |
1:38.6 | As we mentioned, the S&P is now less than 1% from its all-time high that it hit back in mid-February. |
1:44.2 | The down S&P posting their best days since late May, |
1:47.8 | 10 of the 11 sectors in the S&P ending higher energy, the only loser. |
1:52.8 | The markets have now recovered all their losses since the beginning of the conflict |
... |
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