Closing Bell Overtime: Record close for Nasdaq and S&P, Zscaler sinks and Real Opportunities in Real Estate 2/29/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 29 February 2024
⏱️ 43 minutes
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| 0:00.0 | There it is record closed for the NASDAQ and the S&P even the Dow decided to do something |
| 0:06.4 | to the last hour closing the green. This marks the first new closing high for the NASDAQ since 2021. |
| 0:12.4 | So that's the scorecard on Wall Street but winners stay late. for the NASDAQ since 2021. |
| 0:12.5 | So that's the scorecard on Wall Street, |
| 0:13.9 | but winners stay late. |
| 0:14.8 | Welcome to closing about overtime. |
| 0:16.2 | I'm John Ford. |
| 0:17.1 | Morgan Brennan is off today. |
| 0:18.8 | The major average is now higher for a fourth straight month |
| 0:22.2 | with the S&P and NASDAQ posting the best monthly returns since November. |
| 0:27.0 | Now gets set for another busy hour of overtime earning. |
| 0:30.0 | We're going to break down the results from HPE Dell, Z-Scale, Autodesk, Soundhound, as soon as they're |
| 0:37.4 | released, get elastic in there too, maybe, but we're going to begin with our market panel. |
| 0:42.1 | Joining us now is Dan Greenhouse |
| 0:43.7 | of Solas Alternative Asset Asset Management and CMBC senior markets commentator Mike Santoli |
| 0:50.2 | back with us Dan great to have you here on set. So market today, reaction to |
| 0:54.2 | better than feared, PCE, yields are down, all the major indices up, Dow was |
| 1:01.3 | dragged down for a while by Boeing and Goldman. |
| 1:03.6 | What does this moment mean as far as believing in this market? |
| 1:07.6 | Yeah, listen, there are a lot of people who are not believers in this market and haven't been |
| 1:12.2 | for quite some time now. |
| 1:13.4 | I don't know the new highs you can do anything except reinforce a lot of the negative stereotypes |
... |
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