Closing Bell: Potholes in Stocks’ Road to Gains? 4/16/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 16 April 2024
⏱️ 43 minutes
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| 0:00.0 | Welcome to Closing Bell. I'm Scott Wabner live from Post 9 here at the New York Stock Exchange. |
| 0:05.0 | This make a breakout begins with stocks on edge as interest rates continue to move higher. |
| 0:09.0 | We're going to ask our experts over this final stretch what the breaking point for investors might be. |
| 0:14.8 | Bank of America CEO Brian Moynihan coming up in just a bit he's going to weigh |
| 0:18.8 | in on that question obviously. In the meantime take a look at your scorecard with 60 minutes to go in regulation |
| 0:24.5 | not much steam at all behind the major averages today with that backup in yields |
| 0:28.1 | a 10-year moving closer to 470 today we've got our eye on that over the final |
| 0:31.9 | stretch and Fed Sheriff Powell speaking |
| 0:33.8 | within the past couple of hours. |
| 0:35.6 | Our Steve Leachman joining us shortly with the most important takeaways for investors. |
| 0:40.7 | Oil down again, gold higher, so we're watching commodities too and the dollar there's been |
| 0:44.6 | some buying in big cap tech today in video Microsoft there you go and meta are all |
| 0:48.8 | staying green in this session a nice bounce for a MD as well as we watch some of those chip names better |
| 0:54.8 | than 2% there and some big names working on some big time losing streaks how about |
| 0:59.4 | Boeing it's been down for 11 straight days trying to break that streak six in a row for Berkshire Hathaway |
| 1:06.2 | Don't hear all that hear that all that often and Home Depot and IBM they've been off for the past five straight |
| 1:11.8 | So we'll watch that try and end some |
| 1:13.3 | streaks or continue them over this final stretch it does take us to our talk of the |
| 1:17.3 | tape the road ahead for stocks and whether some bigger potholes are now lurking |
| 1:21.2 | let's ask Adam Parker he's the founder and CEO of Trivariate |
| 1:24.6 | research and a C and B. Contributor back with me at Post Nine. It's good to see you. |
| 1:28.6 | Yeah, good to see you. So man, you've been bullish, right? You've been laying |
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