Closing Bell Overtime: Rally Off, Fed Focus & Nvidia takes center stage 3/18/25

Closing Bell

CNBC

Business, News

4.8 • 118 Ratings

🗓️ 18 March 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stocks snapping a 2-day win streak as Tech & Communication services drag down the market. Bespoke’s Paul Hickey says he thinks the market is trying to find a bottom right now and expects that to happen over the next few weeks. Envestnet’s Dana D’auria says she still sees big opportunities overseas. Apollos Global Management Chief Economist Torsten Slok tells us what he’s expecting from the Federal Reserve’s interest rate decision on Wednesday and how President Trump’s tariffs will impact the economy. Nvidia CEO Jensen Huang giving the keynote at his company’s developers conference and announcing new Blackwell Ultra chips. Moor Insights & Strategy CEO Patrick Moorhead tells us whether those announcements are enough to help the stock rebound. And Quantinuum’s CEO discusses his new quantum research and data center partnership with Nvidia and when he plans to take the company public.

Transcript

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0:00.0	Well, that bar marks the end of regulation. Bank of America accordion and exponent women.
0:04.8	We're getting the closing bell at the New York Stock Exchange.
0:07.2	Crescent Capital BBC doing the honors at the NASDAQ.
0:10.9	Stock snapping a two-day wind streak with nearly every sector lower.
0:15.0	Crypto 2.
0:15.9	That's the scorecard on Wall Street.
0:17.4	But winners stay late.
0:18.3	Welcome to closing belt overtime.
0:19.6	I'm John Ford with Morgan Brennan. Well, tech and communication service is really dragging down the NASDAQ, which is
0:24.7	the biggest underperformer today. As investors await tomorrow's interest rate decision by the Fed.
0:30.1	Coming up, Apollo Global Management chief economist Torsten Slok on what he is expecting from
0:35.8	J-Powell and Co. And if he's worried that software economic data is increasing the risk of recession,
0:42.3	plus NVIDIA's CEO Jensen Wong, just wrapping up the keynote at the company's
0:46.3	developers conference, we've got the highlights and what his announcements could mean for the stock and more.
0:52.3	And we have an exclusive interview with the CEO of Roblox on whether a new suite of AI tools
0:57.4	to help spark sales could help turn around his slumping stock.
1:01.1	Now let's break down today's market action with bespoke investment group co-founder Paul Hickey
1:06.1	and InvestNet co-chief investment officer, Dana DeOria.
1:11.2	Guys, good to see you both.
1:14.6	So, Paul, Invidia didn't rescue the mega-caps today.
1:18.3	What does that mean for reaction to the Fed's tone tomorrow, you think?
1:22.4	So I think in Nvidia, you know, could be the greatest thing since sliced bread.
	...

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