Closing Bell Overtime: Why The Fed Should Cut This Month, According to Neil Dutta; ServiceNow Sinks On Downgrade 7/8/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 8 July 2024
⏱️ 44 minutes
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| 0:00.0 | We had an up and down session to start the week, but the Nasdak and S&P 500 setting intraday records, |
| 0:06.2 | we'll see how they closed. |
| 0:07.0 | The Nasdak definitely notching a record closed. |
| 0:09.2 | Chip names saw a nice bounce. |
| 0:11.0 | That's a scorecard on Wall Street but winner stay late |
| 0:13.0 | welcome to closing bell overtime I'm John Fort with Morgan Brennan. |
| 0:16.1 | Well coming up on today's show defense investor Raj Shah joins us to talk about |
| 0:20.8 | Boeing's guilty plea and the companies in the space he's |
| 0:23.4 | most excited about right now. |
| 0:25.3 | Plus could the Fed surprise the market and cut in July we will discuss with Renaissance |
| 0:30.6 | macro head of US economics Nell Dada who said Friday's jobs |
| 0:34.8 | number could be a game changer for the feds plans. |
| 0:37.8 | And we will talk to Afsson and Beshloss, the CEO of Global Investment |
| 0:41.5 | firm Rock Creek for her latest read on markets |
| 0:44.4 | and how global election surprises are impacting her investment choices. |
| 0:48.0 | And of course let's dig into the markets now. New intraday highs yes for the NASDAQ MSP 500 ahead of a big week of Fed testimony |
| 0:56.7 | bank earnings at the end let's bring in our market panel joining us now Ryan Dietrich of Carson Group and |
| 1:02.4 | Nicole Webb of Wealth Enhancement Group. |
| 1:05.4 | Welcome guys, looking at these numbers. |
| 1:08.3 | Looks like Apple quietly retook the market cap crown today, edging Microsoft as the S&P tech sector leads up a little bit more than a half a percent |
| 1:17.2 | and Nicole you both expect stocks to move higher from here the question I have is how much it better be more than 5% |
| 1:24.2 | over the next 12 months to beat low-risk fixed income, right? |
... |
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