4.8 • 118 Ratings
🗓️ 26 March 2025
⏱️ 43 minutes
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0:00.0 | All right, thanks so much. Welcome to closing bell. I'm Scott Wobner live from Post 9 here at the New York Stock Exchange. |
0:06.0 | This is make a break. Garrow begins with Invidia's new China worries. That stock sinking today and dragging tech down with it. |
0:12.0 | More on that just a bit. First, take a look at the markets here with 60 to go in regulation. |
0:16.0 | We're obviously read across the board almost everywhere, NASDAQ is leading the selling. |
0:21.2 | We are at the lows of the day for the NAS. |
0:23.9 | And besides, Nvidia's weakness, other semiconductor names are ugly today, too. |
0:27.9 | Tesla is giving back some of its recent bounce and some of the momentum names also selling off |
0:34.1 | part today. |
0:34.9 | Stocks like Vista Inverter, Constellation Energy, Robin Hood, |
0:37.6 | Pallinger, among them. Ford and General Motors also lower on those tariff headlines from |
0:42.1 | the White House. We do have more on that coming up as well today. And worth checking yields, |
0:46.7 | they're moving higher again, at least somewhat. And that perhaps is adding to some of that growth |
0:52.6 | stock weakness today. You can see green across the board for the yield complex. |
0:56.2 | It does take us to our talk of the tape. |
0:57.9 | What potential restrictions around exports to China might mean for Nvidia and other chip stocks, |
1:02.7 | which are, as we said, sharply lower today. |
1:05.4 | We begin with that story and Christina Parts of Nevelos. |
1:08.2 | What's happening here? |
1:08.8 | Yeah, well, it's not just about tariffs on Chinese chips. You've got imports from Canada, Mexico, but also whispers of potential tariffs on |
1:14.3 | Taiwanese chips, along with further tightening on chip exports, which we should hear about in |
1:18.9 | mid-May. So no wonder the chip hardware market, like you mentioned, is selling off. Invidio taking |
1:23.1 | a big hit right now, down about 6% after reports surface that Chinese officials might block |
... |
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