Closing Bell Overtime: Stocks Rally But Finish Off Best Levels As Investors Weigh Reports of Peace Talks 3/25/26

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 25 March 2026

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kristina Partsinevelos tracks the day’s biggest movers while Pippa Stevens examines new risks in the oil market including potential issues in California. Rick Santelli breaks down the rate picture and what higher yields mean for equities and the broader economy. Kate Moore, Chief Investment Officer at Citi Wealth, lays out the market backdrop and where investors should focus as uncertainty builds. In tech Gene Munster, Co-Founder of Deepwater Asset Management, breaks down the Mag 7 and highlights what to own and what to avoid as AI expectations evolve. Netflix draws attention as a top pick at Baird and expands into live sports with new baseball coverage, while luxury stocks come under pressure amid Middle East concerns. The episode also covers weakness in Pop Mart shares. Jonathan Krinsky of BTIG weighs whether investors should fade any near term rally looking at the technicals. Brian Harbour of Morgan Stanley examines how GLP-1 drugs are reshaping consumer behavior including impacts on food spending and gym activity.

Transcript

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0:00.0	The bell is bringing an end to the trading day at the NYSC American Water ringing the bell at the NASDAQ, our bond, doing the honors.
0:08.1	Welcome to closing bell over time. We're live from studio be at the NASDAQ market site. I'm Melissa Lee along with Mike Santoli.
0:13.5	Stock sending in the green, but off the highs, the NASAC has been up more than one and a half percent earlier in this session.
0:19.5	The Russell outperforming posting its third
0:21.0	straight day of gains. Materials sector was the leader here, having its best day since February.
0:26.3	Meanwhile, energy lagged as oil prices fell, more on the market straight ahead.
0:30.2	On our radar at the close, the Mag 7 route of late semis losing momentum and luxury stocks on the
0:37.1	decline. Our market team is all over today's
0:39.4	action. Christina Parks Nebless diving into the biggest movers. Pippa Stevens got the action in
0:43.5	oil, and Rick Santelli is watching the move lower in yields. Mike, it was another sort of tentative
0:49.5	lurch higher on very light volume. Yes, certainly indecisive. I mean, the S&P 500, you know,
0:56.5	it's up a couple percent from the pre-market lows on Monday, but still below Monday morning's
1:00.7	highs. Remember, we had that burst of shortcovering and enthusiasm. I would also point out the losses
1:05.6	in oil narrowed over the course of the day. So, you know, it looked like a 4% decline in response to this idea
1:11.6	that maybe we had movement on ceasefire talks and it kind of leaked higher all day. So I still think
1:17.3	it's kind of a market that's willing to price itself to be open to both sides, but hasn't really
1:23.7	drawn in a lot of high conviction money to bet that things are sort of in that de-escalatory
1:30.0	path. It's almost at a point where things are almost like a coin toss in terms of where central
1:34.8	banks can move, whether the conflict will, you know, ease or get worse. I mean, you're sort of on that
1:41.3	teetering point for a lot of different trade and it feels like the market
1:45.0	recognizes we have this five-day window of course by the end of friday where supposedly this you know
1:51.1	this moratorium on new attacks by the u.s and and israel is going to expire so maybe suspense will
	...

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