Closing Bell: Trump Tariff Impact, Biggest Takeaways for 2025 02/07/25
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 7 February 2025
⏱️ 42 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | All right, welcome to closing bell. I'm Scott Wapner, live from Post 9 here at the New York Stock Exchange. |
| 0:03.8 | This maker breakout begins with unsettled stocks, with tariffs, inflation, and earnings, all pushing and pulling the markets today. |
| 0:10.6 | We'll ask our experts over this final stretch how to navigate all of it, including Tom Lee. |
| 0:14.9 | He'll be here at Post 9 momentarily. In the meantime, I'll show you the scorecard here with 60 to go in regulation. |
| 0:21.1 | It was late morning, really, when that U-Mish inflation expectations report hit stocks, |
| 0:25.7 | along with more tariff talk from the White House, some other things going on, too, that we will tell you about. |
| 0:30.4 | But that's your picture. Former Fed Vice Chair, Rich Clarenda, with us later on on how all of this |
| 0:35.9 | might impact the Feds road ahead. |
| 0:38.3 | Amazon, you know by now, big mover today on its guidance and spending plans down some 4%. |
| 0:43.3 | And more magic from meta, that stock hitting an all-time high going for its 15th straight |
| 0:49.3 | update. Of course, we'll track it to the finish as well. |
| 0:52.3 | And Uber is surging after hedge fund manager Bill Ackmender builds a new position in that name. |
| 0:56.6 | 30 million shares, he says, started buying it in January as well. |
| 1:00.4 | Look at that lift, 8.5% highs of the day for Uber. |
| 1:03.9 | It does take us to our talk of the tape. |
| 1:05.4 | The markets according to Tom, Tom Lee, that is, Fund Stratch Managing Partner, head of research. |
| 1:10.7 | He is with me here at Post 9. |
| 1:14.0 | Welcome back. |
| 1:15.1 | Good to see you, Scott. |
| 1:16.1 | I said, so as you, Mish, inflation expectations spiked. |
| 1:19.8 | You've got more tariff talk from the White House. |
| 1:22.8 | And then I saw a report, too, from Jake Sherman, Punch Bowl News. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

