Closing Bell Overtime: Stocks Rally To End Week After Strong Jobs Report; United Launch Alliance CEO On Working With Amazon’s Project Kuiper 10/6/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 6 October 2023
⏱️ 45 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | A roller coaster |
| 0:02.0 | roller coaster a week for stocks and bonds with a Friday rally to finish it off every major average gaining 1% or more today. |
| 0:09.0 | That is the scorecard on Wall Street, but the action is just getting started. Welcome to Closing Bell overtime. on joins us to weigh in on another spike for Treasury yields |
| 0:23.2 | following today's red-hot jobs number |
| 0:25.9 | and how that complicates the Fed's path |
| 0:28.4 | towards a soft landing. |
| 0:30.1 | Plus, will the mega deal of the day actually get done? |
| 0:33.6 | We'll talk about Exxon's $60 billion bid |
| 0:36.8 | for Pioneer Natural Resources |
| 0:38.5 | that could reshape American Energy. |
| 0:41.2 | And two Amazon satellites launching to space this afternoon. |
| 0:45.6 | The first step towards competing with Elon Musk's Starlink Internet Service. |
| 0:49.4 | We're going to talk to the CEO of United Launch Alliance, which launched that mission for Amazon today. |
| 0:55.4 | Let's begin though with the market as we wrap up this wild week on Wall Street. |
| 0:58.8 | The spike in yields following the jobs report initially weighing heavily on stocks today but we've had quite the |
| 1:04.4 | rally throughout the session enough to push the NASDAQ in S&P 500 into positive territory |
| 1:09.6 | for the week the Dow just barely. Some sectors were still sharply lower this |
| 1:15.2 | week though including energy utilities and consumer staples. Let's bring in |
| 1:18.3 | see NBC's senior markets commentator Mike Santoli. Mike I mean just an incredible rally going into what's going to be a, I'll call it a pseudo holiday weekend since the bond market will be closed for Columbus Day on Monday. |
| 1:31.0 | What really got my attention here is that in terms of the sectors |
| 1:34.3 | that gained it was communication services and tech which we've been seeing with the |
| 1:39.0 | big cap tech names but health care also caught a bid this week so maybe a more defensive |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

