Closing Bell: Stocks rally into the close, IHG CEO on hotel demand, Target’s profit warning 6/7/22
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 7 June 2022
⏱️ 43 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Stocks mostly higher right now in another up and down session on Wall Street. |
| 0:03.8 | You're the best levels of the day. In fact, as we head into the close, the most important hour of trading |
| 0:08.0 | starts now. Welcome everyone to Closing Bell. I'm Sarah Eisen. Take a look at where we stand right now in the market up about 150 or so on the Dow Jones |
| 0:15.3 | industrial average and you have software working today and technology and that's really |
| 0:19.0 | helping out the Dow for instance, Salesforce and United Health are biggest contributor to the gains, |
| 0:24.0 | the S&P 500, up half a percent right now. |
| 0:26.6 | Every sector is actually in the green except for consumer discretionary and you can thank Target |
| 0:31.0 | and the retail trade there right now. |
| 0:32.8 | Energy's the best performing sector, |
| 0:34.3 | industrial, strong, so is health care |
| 0:36.6 | and information technology. |
| 0:38.2 | The NASDAQ rallying about a half a percent. |
| 0:40.2 | Remember, this comes off of eight down weeks |
| 0:42.2 | for the S&P and kind of a week start, weekish start to the week. |
| 0:46.2 | Check out some of the most actively traded names right here, right now at the New York Stock Exchange. |
| 0:52.0 | D.D. Well you have been saying strength in the Chinese internet names, mostly stronger today, |
| 0:56.3 | but DD giving back some of yesterday's huge rally down 2%. |
| 0:59.5 | Neo continues to be among the most actively traded. |
| 1:01.7 | The energy names are up there as traded. The energy trade is strong. That |
| 1:05.3 | sector is up 2.9 percent, bringing the year-to-date gains to almost 65 percent. |
| 1:10.9 | Coming up on today's show, the CEO of Hotel Giant IHG Group, here at the Exchange to ring the |
| 1:16.8 | closing bell, he'll join us first on C. M.C. to talk about his outlook for summer travel. |
... |
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.

