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Closing Bell

Closing Bell: What Will Drive Markets Higher? 9/12/25

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 12 September 2025

⏱️ 43 minutes

🧾️ Download transcript

Summary

Goldman Sachs Tony Pasquariello reveals what he is telling his biggest clients right now. Plus, we discuss what could be next for both Apple and Netflix – as both companies face some serious challenges. Big Technology’s Alex Kantrowitz tells us what he is expecting. And, top technician Jeff Degraaf is tracking the break out in Tesla. He tells us where he sees that stock headed from here.

Transcript

Click on a timestamp to play from that location

0:00.0

Brian, thanks. Welcome to closing bell. I'm Scott Wobner live from Post 9 here at the New York Stock Exchange. This maker breakout begins with a major week ahead for these markets. The Fed meeting with a rate cut firmly expected. The only question now, how big will it be? We'll ask our experts over the final stretch where to position no matter what. In the meantime, there's the scorecard with 60 to go in regulation today stocks have been mixed for most of the day with

0:24.7

sector action pretty evenly split as well so the Dow's got a little work to

0:28.7

do NASDAQ and the S&P are modestly positive how about Warner Brothers

0:32.9

Warner Brothers Brothers Brothers Discovery is higher again on word paramount is said to

0:37.2

be prepping a bid.

0:38.8

Netflix shares their lower for a second day on that news on the potential competitive

0:43.6

threat we will discuss ahead.

0:46.0

Tesla having a great week up 12% Jeff DeGraph making a chart call today on that name.

0:51.0

You'll hear from him later on too.

0:52.9

It takes us to our talk of the tape.

0:54.8

What will drive markets in the months ahead? Goldman's Tony Pascarello telling you what he tells

1:01.2

his biggest clients. There he is. He's the head of hedge fund coverage at the firm. He's here

1:06.1

with us live. That's a big billing, man. There we go. So here we go. We have a big week next week.

1:13.4

What do you think about these markets ahead of it and what are they going to do after it?

1:16.4

So let's just level set the trend. Okay. It's bull market. The primary trend is higher.

1:21.6

We want to keep our eye on the ball that is US mega cap tech. I think as we sit here today,

1:27.4

the market's had a few things on its side.

1:29.4

Earnings for sure have been better than expected. So very simply, the S&P 493 in the first half plus

1:35.4

7% good, the magnificent 7 plus 28% superb. And then financial conditions have been getting

1:42.4

easier and easier as we speak.

1:44.7

I think the market today is basically saying, we think the Fed's going to be cutting into a cyclical

1:49.6

acceleration.

...

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