4.8 • 118 Ratings
🗓️ 23 January 2025
⏱️ 46 minutes
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0:00.0 | That's the end of regulation. Wall Street bound ringing the closing bell at the New York Stock Exchange and Aliana doing the honors at the NASDAQ. |
0:06.7 | We're going out at session highs here with the S&P 500's first record close of 2025, closing above 6,100. |
0:13.9 | It's also the first record closed for the SPX since December 6th. |
0:17.5 | Healthcare and industrial is taking the lead today. Every sector in the green. |
0:20.9 | That's the scorecard on Wall Street, but the action is just getting started. Welcome to closing |
0:24.8 | bell overtime. I'm Morgan Brennan with John Ford. That will be all over the markets pushed |
0:29.7 | to record highs throughout this show. Plus, we're moments away from earnings from results. |
0:34.2 | Earnings results from Texas Instruments. CSX will bring you those numbers as soon as they |
0:38.6 | cross. Let's get straight to the market action with BD8 Capital Partners CEO, Barbara Duran, |
0:44.1 | and Crossmark Global Investment CEO and CIO Bob Dahl. Great to have you both here. |
0:48.7 | Barb, I'm going to start this conversation with you. It looks like as we settle out here, maybe |
0:51.9 | 6118 for the S&P 500. |
0:55.3 | Seen a nice rally after a pullback to start the year. We've really reversed course here |
1:00.7 | for the major averages and for stocks. Can it continue from here, especially given the fact |
1:05.9 | that you have a key ingredient that's still missing, which is inflows from big money managers? |
1:11.2 | Right. And I think, you know, it could be a while in terms of even that $7 trillion sitting |
1:14.9 | in money market still that comes out because interest rates are still high enough to attract it. |
1:19.5 | I think this can continue. Anytime we've had a big rally, though, you always have to be |
1:23.8 | concerned about a momentary pullback. You know, when things get, you know, and I don't think they're ahead of themselves yet, because earnings are just starting, and I think |
1:30.9 | that's going to be key. Valuation is clearly a concern, but I would say the market is somewhat |
1:36.6 | fully valued, but with earnings coming in, as they come up and guidance goes up for the year, |
1:41.2 | I think that these companies will grow into that. So I think |
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