Closing Bell: Time to Lean In? 5/21/24

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 21 May 2024

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

With stocks trading around record highs – is it time to lean in to this bull market or step back? Liz Ann Sonders from Charles Schwab tells us what she thinks is the best strategy. Plus, all eyes are on Nvidia ahead of its crucial earnings report tomorrow. We preview everything investors need to be watching from that report. And, Ether surged in today’s session. We tell you why and how it is impacting the rest of the crypto space.

Transcript

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0:00.0	All right, Kel, thanks so much. Welcome to Closing Bell.
0:02.6	I'm Scott Wabner live from Post-9 here at the New York Stock Exchange.
0:05.8	This make-or-break arrow begins with Apple and NVIDIA on a tear lately.
0:09.0	It's a big reason why the NASDAQ has surged to new record highs. Of course the big event of the week
0:13.8	and video reporting earnings tomorrow in overtime and yes we are counting you
0:17.5	down to that. So much at stake for the tech trade, perhaps the markets overall.
0:21.6	We're going to ask our experts over this
0:23.3	final stretch what's really riding on it including Schwabs Liz and Saunders.
0:27.2	It's going to join me momentarily. In the meantime your scorecard was 60
0:30.2	minutes to go and regulation looks exactly like that.
0:32.8	We are green across the board, but there's definitely a wait and see from the majors today ahead
0:37.2	of those key earnings tomorrow.
0:39.1	Yields, they're lower across the curve today.
0:41.5	We continue to watch that obviously a lot of feds
0:43.4	speak to talk about too. It does take us to our talk of the tape. With stocks
0:47.2	trading around record highs is it time to lean into this bull market or step
0:51.0	a bit back.
0:52.6	Let's ask Liz Ann Saunders.
0:53.9	She is Schwab's chief investment strategist,
0:56.4	and as you can see, joins us live.
0:57.8	It's nice to see again.
0:58.4	Welcome back.
	...

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