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Closing Bell

Closing Bell Overtime: Winter Weather Impact; Blackrock Private Debt Fund Rocked 1/26/26

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 26 January 2026

⏱️ 43 minutes

🧾️ Download transcript

Summary

Gabelli portfolio manager John Belton on what he’s watching in big tech earnings. Government shutdown is back in play; our Emily Wilkins breaks down where things stand in DC. Northwestern Mutual’s Matt Stucky on today’s market action. Wellington’s Brij Khurana on the ripple effects of the weakening dollar. Plus, the retail impact of this weekend’s weather storm with G2 Weather Intelligence’s Paul Walsh.

Transcript

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0:00.0

The bell is bringing in to the training day at the NYSC Hecla Mining is ringing the closing bell and at the NASAC. Mays Therapeutics doing the honors here. Welcome to closing bell overtime. Live from Studio B at the NASDAQ market site. I'm Melissa Lee along with Mike Santoli. Sox hired today as some big tech names rally ahead of earnings. The S&P 500 and NASAC both up half a percent. The Russell 2000, however, closing lower, more in the markets straight ahead.

0:22.9

Our reporters are at the ready.

0:24.6

Sima Modi on the stock's making moves.

0:26.6

Pippa Stevens on huge gains for silver and natural gas, Rick Santelli on bonds and currencies,

0:32.3

and Emily Wilkins is looking at the negotiations to avoid another government shutdown,

0:36.8

which took a major turn this weekend.

0:38.7

Let's first get to Seema with a look at today's biggest movers. Hi, Seema.

0:42.8

Hey, Mike, Melissa. The rotation into tech was a central theme playing out today with Apple and

0:47.7

Cisco, the two biggest contributors to the Dow's gains. Expectations rising ahead of Apple's

0:53.2

earnings report on Thursday.

0:55.0

You have analysts at JPMorgan raising their price target, writing that the market may not be

0:59.5

really appreciating the success of the Apple iPhone 17.

1:03.8

Meantime, meta, which reports earnings on Wednesday, getting an upgrade from analysts

1:07.5

at Rothschild.

1:08.5

The analysts there say the stock is trading at a big discount,

1:11.9

currently 15% below its recent high. A different story really emerging for Intel, now down over

1:19.0

20% over the past two trading days, the worst two-day period for Intel since early August.

1:25.3

Investors left underwhelmed following earnings and really no concrete

1:29.4

update on foundry and new customers, which the market was hoping for. Speaking of CHIP's

1:34.6

tech team this morning, writing that going long semiconductors and short software is, quote,

1:39.7

the biggest dislocation in the U.S. equity market and is approaching a tipping point. Guys, now the

1:44.8

question is, does that narrative change when we hear from a lot of big software companies,

...

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