meta_pixel
Tapesearch Logo
Log in
Closing Bell

Closing Bell: Retail Sector Under the Weather, The Momentum Migraine 2/24/25

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 24 February 2025

⏱️ 46 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

Click on a timestamp to play from that location

0:00.0

All right, guys, thanks so much. Welcome to closing bell. I'm Scott Wapner Live post-9 here at the New York Stock Exchange.

0:04.7

This maker breakout begins with stocks looking for some stability today, especially among momentum names, which continue to correct.

0:11.7

We're watching all of those for you right now. Look at Palantir, down another 10%. Virtive down 5. Vistra, down 5 as well.

0:19.3

And there are others that continue their sell-off.

0:22.3

We'll have special reports on each. All of this happening, of course, as NVIDIA readies to

0:26.8

report earnings midweek. We'll ask our experts to make sense of all of it in the meantime.

0:31.0

We'll show you the scorecard here with 60 to go in regulation today. We did recover somewhat midday.

0:36.8

The Dow's up a third of a percent, and the S&P's still fighting it out today. We did recover somewhat midday. The Dow's up a third of a percent and the

0:39.2

S&P still fighting it out today. NASDAQ is negative. Some of the airline names are getting a bit

0:44.1

of a lift today. Apple and Alphabet are higher. Goldman and Bank of America rebounding as well

0:50.4

following last week's sell-off as we continue to watch financial stocks too.

0:55.3

We are also monitoring this hour, the meeting at the White House between French President

0:59.8

Macron and President Trump.

1:01.5

We're going to take you there live as soon as the Q&A does begin.

1:05.7

Both men still making their remarks to the gathered group there at the White House.

1:10.4

We do begin with our talk of the tape.

1:12.7

The continued sell-off and some of the more expensive growthy names in this market.

1:16.9

We do have reporters, as I said, on that case.

1:19.9

Sima Modi is watching Palantir today.

1:22.0

It's CEO speaking here in New York.

1:25.1

Seema, what are we learning from Mr. Carp today?

1:27.7

Is that stock down another, as we just said, 10%.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.