Closing Bell: Overtime: Morgan Interviews Virgin Galactic CEO After The Company’s First Commercial Launch; Why Joby Aviation Is Up 54% This Week 6/29/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 29 June 2023
⏱️ 33 minutes
🧾️ Download transcript
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| 0:00.0 | Well, there's your scorecard on Wall Street. |
| 0:03.1 | Winners stay late though, welcome to Close and Bell overtime. |
| 0:05.0 | I'm John Fort. |
| 0:05.9 | Morgan Brennan is live in New Mexico, where Virgin Galactic just completed its first commercial |
| 0:11.8 | space flight earlier today. |
| 0:13.6 | She's going to talk exclusively with Galactic CEO Michael Glazer a bit later in the show. |
| 0:19.7 | Also this hour, Nike is gearing up to report earnings results after lagging the market so far this year. |
| 0:25.4 | We're going to bring you the numbers as soon as they cross. |
| 0:28.1 | But now let's get straight to our market panel. |
| 0:29.9 | Joining us now, Ann Mulletti from All Spring Global Investments and Jeff Bookbinder from |
| 0:34.2 | LPL Financial. |
| 0:36.2 | Guys, welcome and the Russell kind of outperformed today. |
| 0:41.6 | What's going on with this kind of difference in the way the |
| 0:46.5 | indices are responded are are we waiting for another piece of information perhaps |
| 0:51.9 | even next week's jobs report? |
| 0:54.0 | Look I think the market's constantly waiting for data and investors are as well and |
| 1:01.0 | it's been a little bit of a roller coaster ride. |
| 1:03.2 | You get good data, the market reacts to that, |
| 1:05.9 | and then some challenging data and the market reacts to that. |
| 1:08.8 | But it's all dependent on the data |
| 1:11.6 | and what the Fed's going to do. |
| 1:13.0 | Look, we've been in the camp that the Fed still has some work to do, |
... |
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