Closing Bell: Turbulent Path to a Soft Landing 10/22/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 22 October 2024
⏱️ 43 minutes
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| 0:00.0 | Thanks so much. Welcome to the closing bell. I'm Scott Wabner live from |
| 0:03.1 | Post 9 here at the New York Stock Exchange. This is make-or-break hour |
| 0:05.3 | begins with the markets. They are attempting a turnaround here in the final stretch. |
| 0:08.6 | Look at the scorecard here with 60 minutes to go in regulation. What was mostly a down day has come around a bit in fact |
| 0:14.8 | we've gone positive on the Nas and the Dal albeit slightly even his yields have |
| 0:18.9 | remained elevated today and that remains a story to follow. There's the 10 year at 420. Energy, |
| 0:25.2 | consumer staples, tech among the sectors helping the markets out today and |
| 0:28.8 | Microsoft is leading from the mega caps along with the Amazon and meta pretty good days there |
| 0:34.5 | Verizon 3 m and intel though are the biggest drags on the dow |
| 0:39.6 | as we begin this last hour of trade coming up in a bit by the way we'll have an interview with former Fed Vice Chair Rich Clarita |
| 0:46.5 | The markets try to game the central bank's next move try and figure out where rates are going to go from here. |
| 0:53.2 | He will opine with us in just a bit. |
| 0:55.8 | It takes us to our talk of the tape. |
| 0:57.8 | With key earnings and the election in front of these markets, |
| 1:00.4 | what is the best way to position right now. We will ask Lauren |
| 1:03.9 | Goodwin of New York Life Investments back with us here at post nine. Everybody's |
| 1:08.3 | trying to figure this out, right, what the best positioning is with yields backing up the election a couple weeks from today |
| 1:14.4 | tech earnings next week what are you feeling well I think it's important for |
| 1:19.3 | investors to keep in mind that underneath all of the risks and changes we are coming off of a |
| 1:24.3 | Q3 economy that was way above trend growth. |
| 1:27.8 | That's a ballast of support for the equity market that I think can get us through this |
| 1:32.2 | pre-election time period so there's no |
... |
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