Closing Bell: The Fate of the Interrupted Rally 01/08/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 8 January 2024
⏱️ 42 minutes
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| 0:00.0 | Welcome to Closing Bell. I'm Scott Wopner live from Post 9 here at the New York Stock Exchange. |
| 0:03.5 | This make a break hour begins with the bounce and whether the major averages can resume their |
| 0:08.1 | rally during this critical week. We will ask our experts over this final stretch. |
| 0:12.8 | In the meantime, there is your score card with 60 minutes to go in regulation. |
| 0:17.0 | Pretty nice move today in the mega caps and that is helping the NASDAQ outperform today. |
| 0:21.0 | Invidia is leading there. |
| 0:22.8 | It makes a new AI-related announcement. |
| 0:24.8 | So what does that mean? |
| 0:26.1 | Well, a more than 5% gain for that stock. |
| 0:29.0 | And coming up, we're going to ask Top Chip Checker, Stacy Raskin, |
| 0:31.8 | what it means for shares going forward. |
| 0:33.7 | Apple well it's jumping to after a 6% slide to start the year elsewhere. |
| 0:38.3 | Boeing is the big drag this hour after that incident over the weekend grounding at 737 max jets. |
| 0:45.0 | Stock trying to recover a little bit still down six and a half percent. |
| 0:48.6 | Speaking of interest rates, well there's the 10 year right at 4%. They're declining today following a positive report on inflation |
| 0:56.7 | expectations and ahead of this week's CPI report. Takes us to our talk of the tape. What the |
| 1:02.4 | road ahead for your money might look like with |
| 1:04.4 | earning season about to get underway and so much more ahead as well. Let's ask AJ Ode and |
| 1:09.1 | JP Morgan Private Bank Global Investment Strategists with me here at Post 9. |
| 1:13.0 | It's good to see you. Welcome back. |
| 1:14.0 | It's a new two, Scott. |
| 1:15.0 | Interesting move. |
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