Closing Bell Overtime: Netflix Earnings; Fed Chair Race Shakeup 1/20/26

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 20 January 2026

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Eamon Javers reports on President Trump’s moves and their market implications. Geopolitical deep dive with Evercore ISI vice chairman Krishna Guha, who warns that a potential U.S. seizure of Greenland would represent a geopolitical earthquake for Europe. Earnings from Netflix, Interactive Brokers and United Airlines. Interactive Brokers founder and chairman Thomas Peterffy gives his view of his clients and markets. Morningstar analyst Matthew Dolgin with immediate reaction to Netflix earnings. Wells Fargo Investment Institute head of global market strategy Paul Christopher argues for focusing on “trendlines over headlines,” pointing to rising global bond yields and fiscal concerns abroad as more durable drivers than daily political noise. Steve Liesman on escalating Federal Reserve drama, as Fed Chair Jay Powell prepares to appear at a Supreme Court hearing viewed inside the Fed as an existential test of central bank independence—alongside growing speculation around potential successors and what that uncertainty could mean for markets.

Transcript

Click on a timestamp to play from that location

0:00.0	And the bell is bringing an end to the trading day at the NYSC, off the hook yachts, ringing the closing bell at the NASAC, Bon Blocks, doing the honors.
0:08.0	Welcome to closing bell overtime live in Studio B at the NASAC market site. I'm Melissa Lee, along with Mike Santoli.
0:14.0	Stocks tumbling as President Trump turns his push for Greenland into an economic fight with Europe.
0:19.0	The Dow losing nearly 900 points.
0:21.2	The S&P 500 and NASAC seeing losses of more than 2%.
0:24.8	We'll dive into today's move straight ahead.
0:27.0	On all radar at the close, big moves in bond yields in the U.S.
0:30.3	and around the world, especially in Japan.
0:32.7	New all-time highs for gold and silver and earnings coming away this hour,
0:36.3	Netflix and United Airlines.
0:38.3	Our reporters all over today's move, stocks, bonds, and commodities, and on those after-hours
0:42.8	earnings reports. But first, let's get to Washington because that is what is driving today's
0:46.6	action. President Trump speaking with reporters before his trip to Davos. Amon Javers is in D.C.
0:51.4	with the latest statement. Melissa, we just heard from the president for about an hour and 45 minutes in the press briefing room.
0:57.3	He was asked how far he's willing to go in order to acquire Greenland.
1:01.4	And he said, you'll find out.
1:03.3	The president continuing to stress that he needs Greenland for U.S. national security.
1:08.2	And he's expressing some frustration over the past hour or so
1:11.2	with the United Nations saying that the United Nations has never lived up to its full potential.
1:17.5	The president also talking a little bit about the Supreme Court here, where those tariffs
1:21.1	of his are kind of hanging in the balance as we await the Supreme Court decision on whether
1:25.3	they're constitutional or not. The president's saying he doesn't know how the Supreme Court is going to decide,
	...

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.