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Closing Bell

Closing Bell: Reddit Partnering with OpenAi 5/17/24

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 17 May 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

From the open to the close, “Closing Bell” and “Closing Bell: Overtime” have you covered. From what’s driving market moves to how investors are reacting, Scott Wapner, Jon Fortt, Morgan Brennan and Michael Santoli guide listeners through each trading session and bring to you some of the biggest names in business.

Transcript

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0:00.0

All right, welcome to closing balance.

0:01.4

Scott Wabner live from Post 9 here at the New York Stock Exchange,

0:04.1

and this make-up-break hour begins with 40K and beyond.

0:06.7

What needs to happen now to keep stocks making new milestones?

0:09.8

Well, ask our experts over this final stretch.

0:11.6

In the meantime, your scorecard was 60 minutes to go

0:14.3

in regulation looks like this.

0:15.7

And after that race to new records, we're taking a bit of a breather.

0:18.5

As you can see today, the majors mostly mixed

0:21.0

throughout much of the session.

0:23.0

Interest rates, they're a touch higher too.

0:24.8

That may be capping activity just a bit.

0:27.5

And stocks, well, they could also be looking ahead

0:30.0

to a busy week with NVIDIA earnings looming especially large next Wednesday.

0:34.6

It does take us to our talk to the tape.

0:36.3

What is next for stocks and how much rides on NVIDIA's numbers next week?

0:40.2

Let's welcome our guest, Jordan Jackson Jackson is global market strategist for

0:43.4

JP Morgan Asset Management Stephanie Link High Towers chief strategist and a

0:47.5

portfolio manager and a C NBC contributor both here as you can see at post nine

0:51.8

It's great to have you Jordan Jordan I'll go to you first

0:53.7

I mean it's a momentous week obviously and I think the question on everybody's mind is now

0:59.5

what what do you think is next I think we've got some further upside from here.

...

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