Closing Bell: Peter Navarro on Market Volatility, Consumer Stocks in Focus 03/11/25
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 11 March 2025
⏱️ 43 minutes
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| 0:00.0 | All right, guys, thanks so much. |
| 0:01.4 | Welcome to closing bell. |
| 0:02.2 | I'm Scott Wopter, live from Post Night right here at the New York Stock Exchange. |
| 0:05.1 | This maker break hour begins with, of course, the markets, which had been down for most of the day to day until a little while ago when things started to turn just a bit, perhaps on some headlines about potential movement towards a ceasefire between Russia and Ukraine. |
| 0:18.0 | Some tariff headlines moving as well, watching all of it closely, |
| 0:21.0 | of course. |
| 0:22.0 | Here's how things look now with 60 to go in regulation. |
| 0:25.1 | We've had a bounce in many tech names today and some of those go-go momentum stocks which |
| 0:29.4 | have helped turn things around. |
| 0:32.0 | Names like CrowdStrike, Invertive, App Love and Robin Hood, all up today as is Palantir, and those gains are sharp. It's certainly |
| 0:39.4 | helping the market picture. Tesla's higher, too, after weeks of selling in that name. The Dow, |
| 0:44.9 | though, still dragged by the likes of Apple and Verizon, Nike, McDonald's, and Disney. Disney could be |
| 0:50.9 | down in sympathy today with Delta after that company's outlook this morning. |
| 0:55.3 | Bank stocks, they've been mostly weaker yet again today. |
| 0:57.9 | We're watching those closely, some of the private equity ones too. |
| 1:01.0 | Banks turning a bit as well. |
| 1:02.6 | It does take us to our talk of the tape. |
| 1:04.8 | How much lower might stocks go? |
| 1:07.6 | Let's ask Professor Jeremy Siegel of the Wharton School. |
| 1:10.6 | He does join us now. Professor, |
| 1:13.4 | welcome back. It's nice to see you. Good to see you, Scott. Your thoughts here as you watch |
| 1:17.9 | these markets over these last days? Well, I'll tell you, if those two good developments, perhaps |
... |
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