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Closing Bell

Closing Bell Overtime: Stocks Soar to Record Highs; Plus, Adobe Earnings & Ramp CEO on IPO Prospects 9/11/25

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 11 September 2025

⏱️ 43 minutes

🧾️ Download transcript

Summary

JP Morgan Chief US Economist Mike Feroli breaks down the CPI reaction as markets hit fresh record highs. CFRA Research Chief Investment Strategist Sam Stovall analyzes the historic market momentum while Adobe headlines earnings. Oppenheimer's Brian Schwartz breaks down the results. Ramp CEO Eric Glyman discusses the company's billion-dollar annualized revenue milestone, $22 billion valuation, and potential IPO timeline as the next major tech offering in the pipeline.

Transcript

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0:00.0

That bell marks the end of regulation. Angel ring in the closing down to New York Stock Exchange.

0:04.8

Cantor Fitzgerald and BGC Group during the honors at the NASDAQ.

0:08.8

And stocks moving higher with the three major averages hitting all-time highs yet again.

0:14.1

Investors shrugging off today is hotter than expected consumer inflation data.

0:18.2

The NASDAQ and S&P posted their 24th record close of the year. The Dow closing above 46,000 for the first time.

0:25.9

Materials in health care, the leaders, energy lag, bonds getting the spotlight today with the 10-year yield breaking below 4% for the first time since April.

0:34.9

Remember April? Crude and Brent falling today as concerns over

0:38.7

softening U.S. demand and over supply offset geopolitical threats to supply. And some of today's

0:45.8

biggest movers, Warner Brothers Discovery, having its best day ever. You can see it there,

0:51.0

up nearly 30% on reports Paramount Skydance, preparing a nearly all-cash

0:55.6

deal for the company, and Oracle giving back some of yesterday's massive gain, down about

1:00.8

5% micron with a nice pop, following positive comments from City ahead of its earnings next

1:06.3

week, and S-Neteen leading the S&P after saying it will maintain its previous earnings guidance.

1:12.8

That's the score caught on Wall Street.

1:14.7

But winter stay late.

1:15.7

Welcome to closing bell overtime.

1:18.0

I'm John Ford.

1:18.9

Morgan Brennan is off today.

1:20.7

Coming up on overtime earnings from Adobe.

1:23.3

That stocks down 20% this year sitting out the rally.

1:26.4

R.H.

1:27.1

Also reporting on the furniture side likely to offer a read on the impact of tariffs.

...

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