Closing Bell Overtime: Stocks Gain Despite Oil’s Rise; Finding Tech Opportunities Outside of U.S. 3/17/26

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 17 March 2026

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Paul Hickey of Bespoke joins on set to assess market momentum and where investors should be positioned. Lululemon headlines earnings with immediate reaction from Janine Stichter of BTIG. Beeneet Kothari of Tekne Capital argues that the next generation of tech winners may emerge outside the U.S. and explains where he is finding opportunity globally. Tim Hayes of Ned Davis Research makes the case for dialing back equity exposure and increasing allocations to bonds and cash as risks build. Finally Phil LeBeau reports on renewed optimism in the airline sector and what it signals about travel demand. The episode closes with a look ahead at the next catalysts investors are watching.

Transcript

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0:00.0	The bell is bringing in to the trading day at the NYC Diageo, ringing the bell and at the NASAC. Ava Technologies doing the honors. Welcome to closing bell over time. We're live from Studio B at the NASDAQ market site. I'm Melissa Lee along with Mike Santoli. Stocks higher across the board, tech leading for the second straight day. The NASAC up about half a percent. More in the market straight ahead.
0:26.2	On our radar at the close, we are awaiting results from Lulu Lemon and DocuSign. Also,
0:31.4	where the next big thing in tech could come from. And two Titans in media, one stepping away,
0:38.5	the other cashing in. And Melissa, kind of a benign kind of slow drip upside move today.
0:39.3	I mean, you say benign.
0:40.2	I was thinking, meh.
0:43.1	Well, it's pretty much a synonym, I would argue.
0:55.0	You know, I guess the most optimistic take is if oil can go up two or three bucks and the broad equity indexes can sort of shrug and make moderate progress as they did today. That's maybe, you know,
1:00.5	represents a little bit of a resilience in the tape. I don't think it's quite getting to that point. It's very indecisive. We couldn't hold above in the S&P levels what we reached Friday
1:05.8	morning. It's funny, a few weeks ago when the market started to pull back, I and others were saying,
1:11.3	you never want to break that December low in the S&P 500.
1:14.4	We literally are there right now.
1:16.3	We went below it, and it's kind of nothing much going on.
1:18.8	So I guess you could say sometimes memory stocks can get a bounce, and Amazon does a little bit.
1:23.6	Banks didn't go down today.
1:25.2	Private capital stocks were up, but it seems very much
1:28.3	wait and see, and we're not going to make any sudden moves. And there's differentiation
1:32.5	within the AI trade, and we were talking about how Jensen Huang wasn't able to rally
1:36.6	in video stock at all. But under the surface, the things that he talked about is benefiting
1:41.1	from his company's growth in AI. they actually benefit Amphanol,
1:45.5	for instance, when he talked about the need for copper connectivity and on top of optical, Uber
1:49.8	and Lyft. So it's interesting to see how at the index level, not too much overall since the
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