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Closing Bell

Closing Bell: Should You Believe the Bounce? 3/4/26

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 4 March 2026

⏱️ 43 minutes

🧾️ Download transcript

Summary

Is the market back on track and can you believe in this bounce? We ask Schwab’s Liz Ann Sonders what she thinks. Plus, Trivariate’s Adam Parker and Intelligent Alpha’s Doug Clinton tell us how they’re navigating the software trade. And, a pair of big developing stories in Washington DC. We break down what to watch from the tech executives visiting the White House and the senate’s first vote since the strikes on Iran.

Transcript

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0:00.0

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

0:05.6

This maker break hour begins with this much-needed reversal for stocks, which are trying to end that three-day losing streak.

0:12.5

There's a scorecard with 60 to go in regulation today, really been up since the get-go.

0:16.9

ADP was better than expected, Oil prices moving a bit lower today.

0:23.1

Some of the private credit names stabilizing.

0:26.3

And yes, all of that has helped sentiment today.

0:28.4

The NASDAQ has been the outperformer.

0:30.6

Most of the mega caps are in the green.

0:33.7

Couple moving red in the last few moments like Apple and Alpha Bet. We'll watch all of those.

0:34.8

Amazon is the clear winner today.

0:37.3

CrowdStrike as well.

0:38.5

It's one of the software names finally finding some footing. The IGV continuing to bounce higher.

0:44.8

You add it all up, and it's no surprise that tech is doing pretty well today. It does take us to

0:49.6

our talk of the tape. So is this market now back on track, and can you believe the bounce?

0:55.1

Well, let's ask Liz Ann Saunders. She is Schwab's chief investment strategist joining us live. Welcome back. It's

1:00.1

nice to see you. Nice to see you too, Scott. Thanks for having me. Your views seem to match many

1:05.4

the others that these events and ones like it cause volatility to be expected, but not the worst case scenario of a

1:14.2

bare market of any kind? At least at this point, I think the channel through which you might

1:20.2

have more trouble in the equity market and in turn in the U.S. economy would obviously be through

1:24.6

oil prices. I think part of the reason for strength today is you've

1:28.7

seen stability bent back down from highs of around 85 now down to 81 in change. You're seeing a

1:36.2

little more calm in WTI. I mean, we're a net exporter at this point, so we're less at the mercy

...

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