Earnings Season Kicks Off Amid Tariff Tensions and Global Market Uncertainty 04/15/25

Closing Bell

CNBC

Business, News

4.8 • 118 Ratings

🗓️ 15 April 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Adam Crisafulli of Vital Knowledge and Jeffrey Kleintop of Charles Schwab break down the market action today as investors brace for a key week of earnings and macro headlines. Results from United Airlines, Interactive Brokers, and JB Hunt are in focus. Interactive Brokers Founder and Chairman Thomas Peterffy joins to discuss his company’s quarter and how retail clients are positioned after the last two weeks of high volatility. Mohamed El-Erian of Allianz offers perspective on the market backdrop and policy landscape. Later, Julian Emanuel of Evercore ISI outlines stock positioning into earnings, while Charles Dallara weighs in on the evolving tariff outlook. The show wraps with Conor Cunningham of Melius Research breaking down United's performance and outlook.

Transcript

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0:00.0	That's the end of regulation. Access Capital ringing the closing belt the New York Stock Exchange,
0:04.3	Gallup Capital, BDC, doing the honors at the NASDAQ. Stocks dipping a tad. Yields mostly lower as well,
0:11.3	as volatility pulls back after weeks of market turbulence. That's the scorecard on Wall Street,
0:16.2	but the action is just getting started. Welcome to closing bell overtime. I'm Morgan Brennan.
0:20.4	John Fort is off today.
0:21.6	Well, after our earnings season gets underway this hour with results from United Airlines, J.B. Hunt,
0:27.9	and interactive brokers. We're going to bring you all of those numbers as they cross. And an
0:32.5	interview with Interactive Brokers Chairman and founder Thomas Pederfy before his call with analysts.
0:39.2	Plus, Muhammad L. Arian will explain why he says a return to volatility is likely coming soon.
0:44.6	And Evercore ISI's Julian Emanuel says stocks are once again attractive.
0:49.5	Selectively, though, he's going to tell us where he recommends putting money to work now. But let's get straight to
0:56.0	today's market action. Joining me now is Adam Chris Affouli, Vital Knowledge Founder and Jeff Kleintop,
1:01.1	Charles Schwab, Chief Global Investment Strategist, along with CNBC's own Phil LeBoe covering United
1:06.4	earnings, which just crossed already. We're going through them. Plus Kate Rooney tracking interactive
1:11.7	brokers and Steve Kovac monitoring J.B. Hunt numbers. Gentlemen, Adam and Jeff, I'm going to get
1:20.0	back to, I'm going to get to you to start this conversation. Adam, we basically finished
1:24.2	fractionally lower on the S&P here and on the Dow as well.
1:28.5	They were just talking about at the end of the last hour, the fact that this is a very calm
1:32.3	market to start the week.
1:33.6	Perhaps most notable to me is the fact that the VIX has fallen back below 30 ahead of VIX's
1:39.0	expiration tomorrow.
1:40.4	What are asset classes signaling?
	...

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