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Closing Bell

Closing Bell: What’s in Store for Stocks? 11/27/23

Closing Bell

CNBC

News, Business

4.4141 Ratings

🗓️ 27 November 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

What could the last month of the year bring for stocks? NewEdge’s Cameron Dawson and Citi Global Wealth’s Kristen Bitterly break down how they are playing the final month of 2023. Plus, “the Dean of Valuation” Aswath Damodaran of the NYU Stern School of Business tells us if he thinks the rally has staying power. And, we break down the stocks seeing the biggest gains this Cyber Monday.

Transcript

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0:00.0

Welcome to Closing Bell, I'm Scott Wopner live from Post Nine here at the New York Stock Exchange.

0:03.5

This make-a-break hour begins with the final stretch to a great month for stocks.

0:07.2

The best in a couple of years, in fact, and the big question now, how long can it last?

0:12.2

We'll ask our experts this hour,

0:13.7

including NYU's Dean Evaluation, Aswath Demotor.

0:17.6

And in the meantime, your scorecard was 60 minutes to go

0:20.0

and regulation looks like this.

0:21.3

Not too many sectors are in the green today we do

0:24.0

have a few consumer discretionary looking good after that strong kickoff to the

0:27.6

holiday shopping season Amazon's one of the standouts there no big

0:31.0

surprise there on this cyber Monday as well.

0:33.7

Speaking of check many of the mega cap names adding to their already gaudy gains this

0:37.4

month, Microsoft among them. That's hitting another new all-time high today.

0:41.8

Nas Deck 100 continuing its own incredible run.

0:46.0

There it is virtually flat, but it's been anything but this month.

0:48.7

Yields, well, they're lower too.

0:50.2

We did have a midday bond auction.

0:52.0

That went off pretty pretty well.

0:53.7

Rick Santelli gave it a be.

0:55.2

There's the 10 year 438 takes us to our talk of the tape.

0:59.2

What the last month of the year could bring for stocks,

1:01.7

let's ask Cameron Dawson, Chief Investment

...

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