Closing Bell Overtime: OpenAI’s New Products; Commercial Real Estate Headaches 11/6/23
Closing Bell
CNBC
4.4 • 140 Ratings
🗓️ 6 November 2023
⏱️ 45 minutes
🧾️ Download transcript
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| 0:00.0 | The stocks continuing the recent winning streak, finishing the day higher after dancing between gains and losses during the session. |
| 0:06.1 | That's the scorecard on Wall Street, but the action is just getting started. |
| 0:09.4 | Welcome to closing bell overtime. I'm Morgan Brennan at C. M. C. headquarters. |
| 0:13.8 | And I'm John Ford in Washington, D.C. today. |
| 0:16.0 | Coming up this hour, chips and trips. |
| 0:19.0 | We will get quarterly results from NXP semi and trip |
| 0:22.3 | advisor as we kick off another big week of earnings. |
| 0:25.0 | Plus Newberger Berman President and Chief Investment Officer Joe Amato joins us with his |
| 0:30.1 | outlook for the market and one surprising area that could start to outperform. |
| 0:35.5 | Let's get straight to the market as stocks come off a major winning week. |
| 0:39.6 | The action a bit more subdued today as yields climb back after tanking post-fed. |
| 0:45.0 | The NBC's senior market commentator Mike Santoli joins us now for the New York Stock Exchange, Mike, |
| 0:50.0 | I mean S&P sectors, technology technology health and com services did the best. You know nothing in technology |
| 0:58.3 | seemed to be a huge huge outperformer more stocks down than up, right? |
| 1:04.0 | Yeah, more stocks down that up on an individual basis. |
| 1:07.0 | John, twice as much volume was down that up, but you do have, I guess the familiar comfortable growth sectors that people migrate to in a defensive |
| 1:15.6 | mode or at least when there's sort of no other strong catalyst that did carry the index |
| 1:20.5 | is a little bit higher and we've had another strong Monday the |
| 1:23.0 | Nasdaq up for an 18th straight Monday that's another quirky trend we have |
| 1:27.4 | right now in general though market came into the week running very hot |
| 1:30.8 | after the rally of the prior five days, |
| 1:34.0 | needed to cool off. |
... |
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