Closing Bell Overtime: Inflation Watch, Tariff Trends, and Retail Realities 1/14/25

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 14 January 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Morgan Brennan and Jon Fortt lead the hour with insights from Bespoke’s Paul Hickey and U.S. Bank’s Eric Freedman on the markets, plus Steve Liesman breaks down the latest PPI and CPI data. Bernstein's Courtney Breen provides an update on Eli Lilly’s performance after a guidance cut sunk the stock. Marko Papic from BCA Research discusses tariffs and the TikTok debate, while Stephen Yalof, Tanger CEO, explores the evolving retail and mall landscape. David George from Baird dives into bank earnings and JPMorgan developments, and Contessa Brewer reports on the latest fire risks. Plus, key takeaways from ICR with On Holding co-CEOs and Planet Fitness CEO Colleen Keating in her first interview in the role, and an update on Firefly in "Manifest Space."

Transcript

Click on a timestamp to play from that location

0:00.0	That's the standard regulation, Pagsigoro, digital ringing in the closing ballot in the New York Stock Exchange,
0:05.6	Connect one bank corps doing the honors at the NASDAQ. A choppy session coming to a close after a cooler
0:11.2	than expected inflation report boosted the major averages this morning. But gains faded throughout
0:16.0	the session for the S&P 500 and for the NASDAQ. That is the scorecard on Wall Street, but the action is just getting started.
0:23.5	Welcome to Closing Bell over time.
0:24.9	I'm Morgan Brennan with John Ford.
0:26.6	And coming up on today's show, a weight loss warning.
0:29.4	Eli Lilly falling to the bottom of the S&P 500 today.
0:32.7	After the company said some of its most talked about drugs,
0:35.6	maybe growing more slowly than expected.
0:37.9	We'll discuss if the sell-off is a buying opportunity.
0:40.8	Plus, bank earnings season kicks off tomorrow morning with Citigroup, Goldman Sachs, JP Morgan,
0:46.3	and Wells Fargo set to report we are going to talk to a top analyst about the names he likes
0:51.9	the most into those results.
0:53.8	And we'll hear from the CEO of
0:55.6	Mall Operator Tanger about a potential trouble spot emerging in luxury retail. Let's break down
1:01.7	today's market action with Bespoke Investment Group co-founder Paul Hickey and U.S. Bank
1:05.5	Asset Management CIO Eric Friedman. Johnson, it's great to have you here as stock settle.
1:10.9	It does look like we had a mixed close with the NASDAQ down fractionally.
1:14.3	The S&P up fractionally and the Dow actually, the best performer here of the major averages,
1:18.8	finishing up about half a percent.
1:20.6	Paul, I want to go to you first because yields have really been the story that's been dictating
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.