Closing Bell: What Lies Ahead for Stocks? 3/31/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 31 March 2023
⏱️ 43 minutes
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| 0:00.0 | All right here |
| 0:02.0 | Thank you very much. Welcome to closing Bell up Scott Wobner live post nine right here at the New York Stock Exchange. |
| 0:06.7 | This make or break hour begins with stocks on the run again and about to close out a strong quarter for your money. |
| 0:12.6 | Here's your scorecard with 60 minutes to go in regulation |
| 0:16.1 | and in the first quarter, Dow up nicely today, |
| 0:18.6 | basically flat on the year. |
| 0:20.9 | The story is really elsewhere. |
| 0:22.2 | S&P 500 up more than 6% over the past three months. |
| 0:26.4 | And as you know by now, carried primarily by Tech, which has been the standout for sure. |
| 0:31.4 | And speaking of that, Nasdaqak a stunning 16% gain the biggest |
| 0:35.4 | names in that index from Apple to NVIDIA Microsoft and Meta and Tesla showing |
| 0:40.2 | some of the biggest moves there that is our talk of the tape today. |
| 0:44.0 | What lies ahead for stocks as the calendar turns? |
| 0:47.2 | Will Tech continue to lead? |
| 0:49.1 | Will the Fed continue to hike? |
| 0:51.1 | So many questions. |
| 0:52.0 | Let's ask Sebastian Page. He T Rose chief investment officer and he is with me on set |
| 0:56.6 | Welcome thanks for coming up it's good to see you |
| 0:58.2 | Thanks for having me so what happens now right seasonality they say is on our side. Do you believe that is enough? |
| 1:04.4 | No, I would say, I'm a bear. I'm a reluctant bear. You know, the bearish narrative is just |
| 1:10.6 | so compelling. We talked about it last time I was on. |
| 1:14.0 | Early eyes are flashing red, yield curves inverted, housing heading down, |
... |
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