Closing Bell Overtime: Fed Cuts Rates & Oracle Reports; Plus Bank of America CEO 12/10/25

Closing Bell

CNBC

News, Business

4.8 • 118 Ratings

🗓️ 10 December 2025

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

David Zervos of Jefferies shares his take on what the Fed’s move means for markets and the economy. Earnings from Oracle, Adobe and Synopsys, with Rishi Jaluria of RBC Capital Markets breaking down Oracle’s results and Sassine Ghazi, Chief Executive Officer of Synopsys, discussing the company’s outlook. Brian Moynihan, Chief Executive Officer of Bank of America, weighs in on the broader Fed and economic backdrop. Barbara Doran of BD8 Capital and Brent Schutte, Chief Investment Officer of Northwestern Mutual, unpack what the Fed, Oracle and earnings season mean for investors.

Transcript

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0:00.0	That bell marks the end of regulation.
0:02.0	Greek American issuer day, we're going to the closing bell for New York Stock Exchange.
0:06.0	The National Kidney Foundation doing the honors at the NASDAQ and stock shooting higher after the Fed cuts rates a quarter point.
0:12.0	The Dow's up more than 500 points.
0:14.0	The S&P 500 very close to an all-time closing high.
0:18.0	The NASDAQ with a gain of less than a half a percent.
0:20.0	And the best performer today, the Russell 2000.
0:23.2	The small caps hit another record high.
0:25.4	Industrials and materials.
0:27.0	The basics are the top sectors today.
0:29.3	Gains also in discretionary and health care.
0:31.7	The yield on the 10-year note, pulling back to 4.14 after this rate cut, gold and silver higher again, another record
0:40.8	for silver, gains for crypto, Bitcoin back above 94,000, and oil.
0:46.0	Closing at the highs of the day after the president confirmed that a tanker has been
0:49.5	seized on the coast of Venezuela.
0:52.2	That's right.
0:52.6	Keep an eye on geopolitics, but that is the scorecard on Wall She.
0:55.3	Welcome to Closing Bell overtime. I'm Morgan Brennan, along with John Fort.
0:58.8	A couple big names reporting results this hour. Remember the fireworks after Oracle's last report?
1:03.9	We're going to see what happens this time. We have Adobe also set to report earnings.
1:08.3	And synopsis also due out with results. The company's caught in the
1:12.1	middle of U.S. restrictions on chip exports to China. We're to talk to the CEO before the Adelts
	...

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