meta_pixel
Tapesearch Logo
Log in
Closing Bell

Closing Bell Overtime: Taiwan Semi Powers Tech Higher; Wells Fargo’s Ohsung Kwon on Top Ideas; Pimco’s Emerging Markets Plays 1/15/26

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 15 January 2026

⏱️ 44 minutes

🧾️ Download transcript

Summary

Chip stocks help power the market higher, with Piper Sandler’s Harsh Kumar weighing in on leadership in semiconductors. Is the tech trade back? Wells Fargo’s Oshung Kwon gives his take. Our Emily Wilkins explains why a major crypto bill has stalled on Capitol Hill. Global risks stay front and center with PIMCO’s Pramol Dhawan on emerging markets and rising geopolitical uncertainty, followed by Diana Olick on the state of commercial real estate. Then our Gabrielle Fonrouge breaks down Amazon’s escalating fight with Saks.

Transcript

Click on a timestamp to play from that location

0:00.0

time with Brian Sullivan. And that is the end of regulation. Carlisle ringing the closing

0:06.0

about the New York Stock Exchange, American Drive, doing the honors at the NASDAQ stocks,

0:11.1

rebounding strongly from yesterday's losses, getting back toward record highs. The Dow up

0:16.2

280 points has to be the NASDAQ only small gains, but the big star this year, it's been the little

0:21.9

stocks, the Russell 2000. Once again, the best of the bunch. It is now up 8% this year. If you

0:29.3

bet on small caps, congrats, you've gotten it right lately. Chip stocks leading the NASDAQ,

0:33.9

hire the SMHETF with a new all-time high about 400 for the first time ever.

0:40.7

More, by the way, on semiconductors in just a moment. Banks also contributing to the rally today.

0:46.8

Goldman Sachs, Morgan Stanley, both higher following their results. And you are seeing a big move in the

0:52.1

price of oil. The president trying to ease tensions with

0:55.4

Iran, then set oil down a lot, down about 5%. Back below 60 bucks. And shocking, a bit of a relatively

1:04.0

quiet day for the metals. Gold, copper, both lower, silver, a small gain, but still not a big day for the medals.

1:12.0

Where do they go from here?

1:13.3

No doubt, one of the topics we will address over the next hour.

1:16.7

That is your scorecard on Wall Street.

1:18.4

Welcome to closing bell overtime, everybody.

1:20.4

I am Brian Sullivan, a busy hour coming up.

1:23.2

Also, the fate of the crypto bill in D.C., Amazon apparently angry over its, quote, worthless stake in SACS.

1:31.9

And should you invest in emerging markets right now, especially with all the unrest and tension around the world, there is a lot to do.

1:39.7

But let's start with some of the big gains that we had today for the chip stocks, all kicked off really by

1:45.7

huge earnings out of TSM. And Christina Parts and Evels is at the New York Stock Exchange.

1:52.1

And I know these earnings were big. And you said earlier, Christina, it was kind of like an almost

...

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.