Closing Bell Overtime: Special Envoy Steve Witkoff On Iran-Israel Ceasefire; Vanguard’s Second-Half Outlook 6/25/25

Closing Bell

CNBC

Business, News

4.8 • 118 Ratings

🗓️ 25 June 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Interactive Brokers’ Steve Sosnick and Invesco’s Brian Levitt break down the momentum and what could keep it going as the S&P 500 approaches record high. U.S. Special Envoy for Peace Missions Steve Witkoff discusses potential off-ramps to conflict in the Middle East and the state of the Iran-Israel ceasefire. PIMCO’s Pramol Dhawan weighs in on global markets and emerging risks. Vanguard Chief Global Economist Joe Davis lays out his midyear outlook for rates, growth, and asset allocation. Plus, Scott Cohn reports from Meta’s sprawling new data center campus in Louisiana, examining which states are winning the AI infrastructure race.

Transcript

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0:00.0	Well, that's the end of regulation. Glaco stringing the closing belt, the New York Stock Exchange.
0:05.5	Deloitte doing the honors at the NASAC. Markets closing off their highs, basically flat. It looks like for the S&P, the Dow closing lower.
0:14.1	The NASAC small gain. The NASDAQ 100, though, hitting an all-time high. Again, Chips having another update with Super Micro-Invideo and AMD leading the gains. Invidia hitting a new all-time high again. Chips having another update with Super Micro, Invidia, and
0:21.3	AMD leading the gains. Invidia hitting a new all-time high today as well. AmD now of 29%
0:27.4	this month. General Mills, among the worst S&P performers after warning that sales could fall
0:32.3	this year as consumers are spending less on snacks and tariffs raise costs.
0:37.9	Tesla moving lower as the company posted another month of steep sales declines in the EU.
0:43.1	New car registrations fell more than 40% in May.
0:47.2	Paychecks posting its worst day in five years after a miss on earnings and revenue.
0:52.8	The company also giving weaker than expected guidance.
0:55.5	FedEx sliding after earnings guidance for the current quarter missed estimates and it was another
1:00.8	big down day for circle. The stock off 10% today after falling 15% yesterday as investors take
1:07.0	a breather from a stock that's rallied more than 500% so maybe some profit taking
1:12.1	here in the past three weeks since it debuted that is the scorecard on wall
1:17.0	street welcome to closing bell overtime I'm Morgan Brennan John Ford is off today
1:20.9	well coming up we'll get results from Micron Technology it's one of the hottest
1:24.7	stocks in the market right now it It's nearly doubled off the April
1:28.6	lows. And later, we will be joined by Steve Whitkoff, special presidential envoy for peace missions.
1:35.6	He has been part of a key part of the ceasefire negotiations with Israel and Iran. So we definitely
1:41.4	want to hear from him. That will be a big one. But first, a mixed session
1:45.3	here on Wall Street with the NASDAQ tracking for its third positive session in a row, first time
1:50.2	since June 10th. And as we mentioned, basically unchanged on the S&P. We're led by names like
	...

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