Closing Bell Overtime: Shutdown Countdown, Nike Earnings & Big Voices from UP.Summit 9/30/25

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 30 September 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

With a government shutdown looming, Emily Wilkins breaks down the latest from Washington. Malcolm Ethridge of Capital Area Planning Group and BTIG’s Jonathan Krinsky weigh in on the market setup, while Nike earnings take center stage with Oppenheimer analyst Brian Nagel. From Bentonville, AR, Morgan sits down with Walmart director and RZC Investments co-founder Steuart Walton, plus Sands Capital CEO Frank Sands, for exclusive conversations from the UP.Summit on investing, innovation, and what’s next.

Transcript

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0:00.0	That bell marks the end of regulation.
0:07.0	Snowflake.
0:08.0	We're going to close in dollars from New York Stock Exchange, the pennant group doing the honors at the NASDA.
0:12.0	A late turnaround for stocks to end a strong September.
0:15.0	The Dow just getting into the green.
0:18.0	Looks like that's going to be a record high.
0:24.7	Gains for the NASDAQ and S&P 500, but the Russell still lower.
0:27.1	For the month, all the major averages closing higher.
0:30.7	5% for the NASDAQ, making it six straight up months for that index,
0:32.2	five in a row for the other three.
0:35.4	Healthcare, the best performing sector today, pharma names leading the way.
0:37.5	Pfizer has a deal with the Trump administration to lower prices on some drugs. Merck and Pfizer have their best days since 2021. Our Amen Jabbers reporting
0:44.1	Eli Lilly also in negotiations and a similar deal could be on the way. Oil falling again, OPEC expected
0:51.0	to increase production. It's now down 5% so far this week.
0:54.8	And another big day for gold.
0:57.0	Getting close to $3,900 an ounce, another all-time high, up 10% in September alone.
1:03.8	That's the scorecard on Wall Street.
1:05.5	But winter, stay late.
1:06.3	Welcome to closing about overtime.
1:07.5	I'm John Ford.
1:08.5	Coming up on overtime, we're about to get earnings from Nike.
1:11.5	We're going to have those numbers and instant reaction, and we are bracing for what now seems to be
	...

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