Closing Bell: What’s at Stake for Earnings? 10/20/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 20 October 2023
⏱️ 43 minutes
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| 0:00.0 | Welcome to Closing Bell. |
| 0:01.0 | I'm Scott Wopner live from Post 9 here at the New York Stock Exchange, and this make-or-break hour |
| 0:05.2 | begins with a battle inside this still unsettled market. |
| 0:08.3 | On one side, rising rates and geopolitics versus those looming mega cap earnings next week. |
| 0:13.9 | The big question of course will some of the biggest names in the market be enough to get |
| 0:18.1 | your money back on track for a late year run. |
| 0:20.3 | We'll ask our many experts that very question this hour. |
| 0:23.8 | In the meantime, there's your scorecard with 60 minutes to go in this week of regulation. |
| 0:29.0 | It looks like this. |
| 0:29.6 | Red Day overall yields a big part of that story the 10 year topping 5% yesterday it's still |
| 0:35.4 | hovering near that level there it is the 10 year 492 it's clearly put some |
| 0:40.6 | significant pressure on regional banks and real estate as both of those sectors are among the hardest hit today. |
| 0:47.6 | Real estate making a turn though as we begin the final stretch. |
| 0:51.0 | Regional banks though, they've been under some |
| 0:52.7 | significant pressure. Nasdaq suffering as well as you might imagine there's |
| 0:56.7 | Microsoft Meta alphabet and Amazon we throw those four up because they are the |
| 1:01.8 | four reporting earnings in the coming days each with a |
| 1:05.1 | decline well most at least of about 1% it takes us to our talk to the tape what's |
| 1:10.0 | really riding on those results next week. |
| 1:12.6 | And what is the busiest stretch of earning season thus far? |
| 1:15.3 | Let's ask Dan Greenhouse, Chief Strategist for Solis Alternative Asset Management, |
| 1:19.4 | back with me at post nine. |
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