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Closing Bell

Closing Bell: Trump Pleads Not Guilty to 34 Felony Counts in Arraignment 4/4/23

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 4 April 2023

⏱️ 60 minutes

🧾️ Download transcript

Summary

Former President Trump appeared in a New York City court today. We have instant analysis and updates from Washington DC and from outside the courthouse. Plus, the key levels every investor needs to watch from Options Play’s Jessica Inskip. And, market expert Mike Santoli gives his Last Word before the close.

Transcript

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0:00.0

All right, Tyler, thank you very much.

0:03.8

Good afternoon, everybody.

0:04.8

You are looking at a live shot there on the right side of your screen.

0:07.6

Inside that courthouse in Lower Manhattan,

0:10.4

where former President Trump currently is being arraigned.

0:13.2

He has already pled not guilty to 34 counts of falsifying business records.

0:18.7

We're going to continue to monitor those proceedings for you as we await the former president's departure from the courthouse

0:24.8

and of course we are going to show that to you live.

0:27.7

In the meantime, let me welcome all of you to closing Bell where we continue to watch the

0:31.6

stock market today from Post 9 here at the New York

0:34.4

Stock Exchange.

0:35.6

We do begin with fresh concerns about the economy and new reports showing job openings

0:39.6

are increasing.

0:40.9

Good news perhaps for the Fed because that's what they'd like to see it is yet another sign however

0:45.8

that the economy is slowing perhaps that growth is continuing to slow.

0:50.4

I want to show you the scorecard with 60 minutes to go now in regulation stocks have been in the

0:55.2

red for much of the day and that is currently the picture. More of the cyclical names taking us lower today, like energy and materials and industrials as well.

1:05.0

Those being the biggest losers of the session.

1:07.0

Oil's been on a bit of a tear lately,

1:08.9

a bit more muted in the session today.

1:11.7

And then of course, as you see crude here barely moving it's just

1:14.9

sitting at just about $80 a barrel technology a big story of late as you know a bit

...

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