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Closing Bell

Closing Bell: 4/4/25

Closing Bell

CNBC

Business, News

4.8118 Ratings

🗓️ 4 April 2025

⏱️ 60 minutes

🧾️ Download transcript

Summary

From the open to the close, “Closing Bell” and “Closing Bell: Overtime” have you covered. From what’s driving market moves to how investors are reacting, Scott Wapner, Jon Fortt, Morgan Brennan and Michael Santoli guide listeners through each trading session and bring to you some of the biggest names in business.

Transcript

Click on a timestamp to play from that location

0:00.0

Okay, Andrew, thank you very much. Welcome to the closing bell. I'm Scott Wabner, live from Post 9.

0:06.3

Right here at the New York Stock Exchange in the center of all of this, this make or break hour begins

0:10.7

with Trump's tariff sell-off. Stocks plunging again as his trade war escalates. China retaliating now

0:16.8

and nobody knowing where all of this is really heading. Let's show you the scorecard with 60 to go in this tumultuous week for your money.

0:23.6

A brutal picture, as you know by now.

0:25.6

We're looking at basically 5% declines across the board.

0:28.6

Dow pretty much sitting there, not too much off the lows of the day.

0:31.6

It's the worst week for the S&P since the COVID days of 2020.

0:35.6

The NASDAQ just hammered today. Lots of big losses in some

0:39.3

very big and widely held names as well. You could go down the list, Apple's, NVIDIAs, Microsoft,

0:46.2

and Amazon, alphabet, et cetera. Invidia hit hard. Apple below $100 by the way, now below $3 trillion

0:53.3

in market cap.

0:55.0

And how about the travel and leisure names getting crushed yet again?

0:59.0

Almost everywhere you look today, it has been a very tough session.

1:04.0

Tough screens to look at.

1:06.0

It takes us to our talk of the tape. How bad is it really going to get?

1:09.0

Isn't that what everybody wants to know?

1:15.2

Let's ask our panel for some answers. Avery Sheffield, Advantage Rock, Cameron Dawson,

1:20.5

New Edge Wealth, Malcolm Etheridge of Capital Area Planning Group. Malcolm's a CNBC contributor.

1:25.0

It's great to have everybody here. It's going through your mind. What do you think?

1:31.3

Yes. Yeah, very dynamic time, right? It seems like the markets are hinging right now on Trump and what he decides to do with the tariffs and every country's response. And so, you know,

1:37.3

given that uncertainty, you know, we're still trying to look at where's their asymmetry,

...

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