Closing Bell Overtime: Stocks Struggle to Start 2024, Tech Wreck & Agriculture Impact On Commodities 01/02/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 2 January 2024
⏱️ 44 minutes
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| 0:00.0 | Well the Dow is barely in the green lots of red though that's the first score |
| 0:05.2 | card on Wall Street for 2024 but winter stay late welcome to closing bell overtime |
| 0:08.7 | I am John Fort with Morgan Brennan happy new year happy new year it's going to be |
| 0:12.4 | reunited again. |
| 0:14.0 | Well, stocks struggling to kick off the new year, |
| 0:16.0 | although the Dow did close in positive territory. |
| 0:19.0 | Coming up, we're going to get the 2024 investing playbooks |
| 0:21.9 | and best investing opportunities from Evercore |
| 0:24.2 | I as Julian Emanuel and Strutagus's Chris Varone. Tech tumbling today after |
| 0:29.8 | Berkeley's downgrade of Apple to sell we will discuss whether that's a warning for the rest of |
| 0:34.7 | the Magnificent Seven. |
| 0:36.6 | With today's loss is though the S&P and Nasak could be in danger of snapping their |
| 0:39.8 | nine week winning streaks. |
| 0:41.8 | Mike Santoli joins us now from the New York Stock |
| 0:43.7 | Exchange. Mike perhaps not so surprising to see some of the biggest winners of |
| 0:48.7 | 2023 some of the biggest losers of the first trading day of 2024 but we've been talking a lot about |
| 0:54.4 | the Santa Claus rally and with this recent selling here today we're actually |
| 0:59.1 | negative in terms of that's |
| 1:05.0 | the major averages. We are one more day to go in that period that people look as a little bit of a |
| 1:06.2 | potential forward-looking barometer of what the market might hold for us. I'd say |
| 1:11.1 | it's not foolproof. The last time we had a negative period, |
| 1:14.7 | last five days of one year, first two of the other was 2015-16. Now you did have a |
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