Closing Bell Overtime: Stocks Stage Midday Turnaround; Oracle Leads Software Pop 4/13/26
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 13 April 2026
⏱️ 44 minutes
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| 0:00.0 | The bell is bringing an end to the trading day at the NYSC, Diversified Energy, ringing the bell at the Nazak. |
| 0:05.7 | Universal display doing the honors. |
| 0:07.7 | Welcome to closing bell overtime, live from Studio B at the Nazak market site. |
| 0:11.0 | I'm Melissa Lee. |
| 0:11.7 | Mike Santoli is off today. |
| 0:13.3 | Sox gaining today as President Trump says Iran wants to make a deal, closing near the highs of the session. |
| 0:18.5 | The Dow up nearly 300 points, the S&P 500, gaining 1% and recovering everything it has lost during the Iran War. The NASAC's stretching its winning streak to nine sessions. There hasn't been a longer streak in nearly five years. Our market team is covering all the angles of what is moving, including a huge jump for Oracle, swings and oil prices, and of course the latest from the from the White House. Also in our radar, our big move for one biotech, could it be an acquisition target, and a look at how the oil spike is affecting food prices, and we'll keep people out of the restaurants. Plus, we'll trade William Sonoma as the stock gets an upgrade today. But we begin today with more in today's action. Christina Parts Nevelis is standing by with that. Christina. Well, Melissa, markets really held steady with investors getting used to this pattern. You know, sharp escalations tied to the administration's foreign policy, followed by some form of negotiation or walk back. And so the market keeps betting this all works out. The S&P 500 closing up about 1% the NASDAQ also similar move, |
| 1:11.9 | getting a lift from software names like Oracle Palantir, both bouncing from Friday weakness. |
| 1:17.1 | The Dow up about half a percent dragged down by Goldman Sachs. The stock fell after the bank |
| 1:21.7 | missed big on fixed income trading. The rest of the report, though, was really solid. Financial, still the second |
| 1:28.6 | best performing S&P sector today, JPMorgan City, Wells Fargo. They're all set to post their earnings |
| 1:33.7 | tomorrow morning. Intel, continuing its tear up over 50% over a nine-day winning street, |
| 1:40.0 | so it's not just the NASDAQ with nine days. The best run on record for the stock since it went public in 1971. |
| 1:47.0 | shares soaring after partnerships announced with Google, Elon Musk-Tarrafab project as well. |
| 1:52.1 | And speaking of partnerships, Corwe also added to the last week's 24% gain on the back of multiple AI infrastructure deals. |
| 1:57.9 | And then lastly, we have Dell and HP, both closing higher. |
| 2:01.9 | Dell over 6% on Nvidia M&A speculation. |
| 2:06.0 | Also HP, you could see up about 5% in either company have commented. |
| 2:10.4 | All right, Christina, thanks. |
| 2:11.4 | Christina Parts Nevelas. |
| 2:12.6 | Software also getting a nice rebound today, led by Oracle. |
| 2:15.2 | Sima Modi's been following that for us. |
... |
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