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Closing Bell

Closing Bell: The Market’s Resilience 4/23/26

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 23 April 2026

⏱️ 43 minutes

🧾️ Download transcript

Summary

Tensions with Iran continuing to flare and earnings season is starting to kick into high gear. So, what’s at stake for the market’s record run? We discuss with Wealth at Neuberger’s Shannon Saccocia, iCapital Sonali Basak and BNY Wealth’s Alicia Levine. Plus, Wedbush’s Matt Bryson tells us what he is expecting from Intel’s results in Overtime. And, Ed Yardeni from Yardeni Research tells us the one beaten-down sector he sees as a buying opportunity.

Transcript

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0:00.0

And welcome to closing bell. I'm Leslie Picker in for Scott Wapner today. This maker break hour starts with another run for records. The S&P and NASDAQ pulling back after hitting fresh all-time highs earlier in this session. Here's your scorecard with 60 minutes to go in the trading day. You can see the Dow off session lows, but still down about half a percent. Nasdaq, same thing, down more than 1 percent,

0:21.9

and the S&P down by about 0.6 percent. Utilities, staples, industrials, those are the sectors

0:27.3

leading the wage today, while tech financials and discretionary are today's laggards. Among the top

0:32.9

movers service now plunging, following earnings report, currently down 17.6% while the semis continue to

0:41.1

rally with names like Texas instruments and on semi, both pushing higher. And we are watching

0:45.6

shares of Intel as that company gears up for earnings after the bell. We'll break it down

0:50.4

with what to watch coming up. But we begin with our talk of the tape. The market's resilience as tensions with Iran continue to flare

0:57.8

and earning season kicks into high gear.

1:00.3

Joining me now to discuss, we've got an all-star panel.

1:03.8

CNBC contributor, Wealth at Newberger, CIO, Shannon Zoccia,

1:07.9

I capitals, Chenali Basic, and BNY Wealth, Alicia Levine.

1:11.6

Thank you, ladies, so much for being here.

1:14.9

So, Shannon, let's start with you because we have seen a renewed risk-off tone today,

1:19.6

especially as Iran headlines.

1:21.8

Basically, there are just continued concerns about a prolonged closure of the Strait of Hormuz.

1:27.9

Iran's mayor news agency reporting air defense systems were activated in parts of Tehran

1:32.6

to counter hostile targets.

1:35.0

But still, I mean, the markets are somewhat looking through this, it appears.

1:39.4

How much do you think that will continue?

1:41.9

And are you worried about flared tensions escalating and

1:46.1

creating renewed volatility in a bigger way it's a great question we've always

1:50.6

been concerned about the duration of the conflict anytime that you start to see

...

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