4.8 • 118 Ratings
🗓️ 7 January 2026
⏱️ 39 minutes
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| 0:00.0 | That's the end of regulation intercontinental exchange ringing the closing belt in the New York Stock Exchange. |
| 0:07.7 | Weight Watchers doing the honors at the NASDAQ. |
| 0:10.1 | The Dow hit an intraday high earlier in the session, but reversed to close down nearly 500 points. |
| 0:15.6 | The S&P, as you can see right there on your screen, down fractionally as well. |
| 0:19.5 | It looks like 6920 as we settle out here. |
| 0:22.1 | The NASDAQ, the only major average to finish higher, albeit slightly. Big theme today. |
| 0:27.3 | A reversal in some of the hottest parts of the market. Financials, those were some of the |
| 0:30.3 | worst performing sectors. Decliners include the volatile names within financials such as Robin Hood, |
| 0:35.8 | Coinbase, but also JP Morgan, Bank of America. |
| 0:38.5 | All of these names have been trading near record highs. The metals trade also reversing today. |
| 0:42.8 | Big losses in silver and in platinum especially. We've got more coming up on that. |
| 0:48.3 | Let's also take a look at bond yields because the tenure down to 4.14% this morning's ADP report, short, 41,000 jobs created. |
| 0:57.8 | That was slightly less than the estimate. |
| 1:00.2 | The government jobs report comes out on Friday, and that technical level for the 10-year |
| 1:06.4 | treasury yield is in focus as we get more macro data as the week unfolds here. |
| 1:09.9 | That's the scorecard on Wall Street. Welcome to closing bell overtime. I'm Morgan Brennan. John Ford is off today. |
| 1:15.6 | Washington moving Wall Street today in three key sectors. First, oil falling today as the U.S. |
| 1:20.7 | takes the first steps to import Venezuelan oil. The president says that could be up to $2 billion worth |
| 1:26.5 | of crude, which if it comes to the U.S., it won't be going to China. |
| 1:31.1 | We're going to discuss those implications. |
| 1:33.6 | And defense stocks also moving lower. |
| 1:37.5 | Lengthy post President Trump put out earlier today says he won't allow dividends or buybacks for defense companies, also placing |
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