Closing Bell: Second Half Set-Up for Stocks 6/24/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 24 June 2024
⏱️ 43 minutes
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| 0:00.0 | Thanks so much welcome to closing bell. I'm Scott Wobbler live at |
| 0:02.9 | Post 9 here at the New York Stock Exchange. This make-or-break hour |
| 0:05.6 | begins with target practice and whether the loftiest of S&P |
| 0:09.2 | predictions can actually be reached this year, we will ask our experts over this final stretch. In the |
| 0:14.4 | meantime, take a look at the scorecard with 60 minutes to go and regulation big |
| 0:18.0 | day for the Dow today, certainly relative to the other majors. It's up three quarters |
| 0:22.2 | of 1% energy and financial stocks are |
| 0:24.4 | leading the way today. Well Apple is contributing to even though it is a down day |
| 0:29.4 | for technology as a sector. There's Apple pushing higher by two-thirds of a percent. |
| 0:33.8 | Got a look at NVIDIA shares. They're sharply lower again following a volatile |
| 0:37.6 | week that included a nearly 15 percent correction. We're going to watch that |
| 0:41.7 | very closely over this last hour, see what |
| 0:44.4 | it means to the markets at large. It does take us to our talk of the tape. The second half |
| 0:48.4 | set up for stocks. Is it favorable for the rally to continue? Let's ask Dan Greenhouse. He's chief |
| 0:53.6 | strategist for solace alternative asset management with me here post nine. |
| 0:57.1 | Welcome back. Good to see you. Thank you sir. So we're about to make the turn |
| 0:59.6 | so to speak right on the second half of this year. |
| 1:03.7 | How things feel to you? |
| 1:05.2 | I think they feel pretty good. |
| 1:07.3 | You know, obviously there's not without concerns, |
| 1:09.6 | the parabolic move in NVIDIA, which we're going to talk about |
| 1:11.8 | it, a a minute notwithstanding. |
... |
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