Closing Bell: Stocks Sink, Inflation Nation & Disney's Earnings Delight 2/9/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 9 February 2023
⏱️ 43 minutes
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| 0:00.0 | stocks giving up an early boost as investors weigh mixed earnings and a still muddled economic picture |
| 0:05.9 | this is the make or break hour for your money welcome to closing bell i'm mike santoli |
| 0:09.6 | in for s s s s s s s s s and p five hundred this morning was Sarah Eisen here is where things stand in the market at the highs the |
| 0:13.5 | S&P 500 this morning was up almost 1% now has declined to basically the lows |
| 0:18.8 | for the week we hit these levels back in the early part of the week Monday and |
| 0:22.4 | Tuesday Nasdaq still the outperformer but was up levels back in the early part of the week Monday and Tuesday. |
| 0:22.8 | Nasdaq still the outperformer, but was up more than 1% itself, |
| 0:26.3 | a little bit earlier, |
| 0:27.2 | firming on the 10-year note yield as well. |
| 0:29.4 | Coming up this hour, we'll talk to the CEO of Sonova |
| 0:32.4 | about the state of the solar industry as |
| 0:34.4 | another name in that space sees strong interest for its public debut. |
| 0:38.4 | Plus Cantor's Eric Johnston joins us with a new warning for the Bulls following what he calls a dramatic change |
| 0:45.1 | in sentiment and positioning in the markets. |
| 0:48.3 | And as a matter of fact, that dramatic change in sentiment and positioning has been a big part of |
| 0:51.6 | the story along this rally we've seen from |
| 0:53.7 | October and then especially which accelerated at the beginning of this year. |
| 0:57.3 | It's brought the S&P 500 right up to this level. |
| 1:00.3 | You know, 41 to 4200 had been targeted for a while as a zone that might be a |
| 1:05.0 | little bit tough little congested we're consolidating that January gain but |
| 1:09.6 | this is you know roughly the upper end of the range you've been in for some months here again |
| 1:13.7 | mostly just chopping around here not a lot of downside acceleration either but we |
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