Closing Bell Overtime: Interactive Brokers Founder On Retail Activity; Value Investor Bill Nygren Gives Top Picks 4/16/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 16 April 2024
⏱️ 44 minutes
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| 0:00.0 | Well, another choppy session as Fed Chair Powell injects uncertainty to the rate path. |
| 0:06.5 | The Dow, though, snapping a six-day losing streak, that's the scorecard on Wall Street, |
| 0:10.4 | but the action is just getting started. |
| 0:12.1 | Welcome to Closing Bell overtime. |
| 0:13.4 | I'm Morgan Brennan with John Ford. |
| 0:15.0 | And our insurance trend, Big Banks in United Health, |
| 0:16.9 | driving the early action today. |
| 0:18.6 | And just for now, we're gonna get results from United Airlines, |
| 0:22.0 | interactive brokers, and J.B. Hunt, we will bring you |
| 0:24.6 | those numbers, plus an excuse an interview with interactive brokers chairman Thomas |
| 0:28.6 | Petterfei before his company's earnings call. |
| 0:32.2 | And noted value investor Bill Nygren opens up his |
| 0:34.9 | playbook with three picks to ride out this bout of volatility in the market. As we |
| 0:41.0 | await earnings, let's get to today's action with our market power panel. |
| 0:45.0 | Barbara Duran of B. D. 8 Capital and Terry Wiseman of Macquarie Group. |
| 0:49.0 | Barb, I'll start with you, mixed session for stocks. |
| 0:52.0 | The S&P finishing slightly lower the |
| 0:54.1 | Nasdaq as well the Dow though eking out a bit of a gain here we've got the |
| 0:58.3 | push and pull between all of the Fed speak, including Powell, |
| 1:02.5 | you got the backup on rates, but you've also |
| 1:05.7 | had the beginning of earnings, and at least even just |
| 1:08.8 | looking at what we've gotten so far this morning |
... |
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