Closing Bell Overtime: Instant Reaction To A Major Shakeup In The Sports Streaming World; Interviews with Chegg, Freshworks CEOs 2/6/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 6 February 2024
⏱️ 48 minutes
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| 0:00.0 | Looks like we're closing at the highs of the session. It was a saw day for the S&P 500, but the Dow |
| 0:08.8 | closing firmly higher. The NASDAQ basically at the flat line even as tech takes a timeout that is the |
| 0:15.5 | scorecard on Wall Street but the action is just getting started we have a lot of |
| 0:18.8 | action today welcome to closing bell overtime I'm Morgan Brennan with John Ford |
| 0:22.4 | well today materials and real estate the big I'm Morgan Brennan with John Ford. |
| 0:22.6 | Well today materials and real estate the big winners while |
| 0:25.4 | tech and com services were the only sectors in the red and now |
| 0:29.2 | investors waiting for earnings from Ford, Chipotle Snap, Gillilead, VF Corp, several others. |
| 0:35.4 | We're going to break down all those results as soon as they're released. |
| 0:38.4 | Plus, we will speak exclusively with Ford's CFO before he dials into the call with analysts. |
| 0:45.0 | As we await those earnings though, let's bring in our market panel. |
| 0:47.8 | Joining us now as Vital Knowledge, |
| 0:49.0 | founder Adam Krista Fouli and CMBC Senior Markets Commentator Mike Sant Mike Santoli Adam I will start with you because |
| 0:55.4 | we did see in the run-up to today we did see yields move higher the dollar strengthen |
| 1:01.8 | a pretty aggressive re-pricing within the Fed |
| 1:04.4 | funds futures market given all the Fed speak including Powell over the weekend |
| 1:09.7 | today a little bit of a breather there and actually it looks like everything that's |
| 1:13.9 | not tech had a particularly better day how does this signal the |
| 1:18.7 | trajectory here for the market? |
| 1:20.8 | Yes so we've had a few really hot January economic numbers including the jobs report, |
| 1:26.8 | both ISMs. |
| 1:27.8 | We had the Fed last Wednesday and then Powell at 60 minutes over the weekend, pushing |
... |
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