two thirds say that's social with friends and family. cannabis tends to be more solo or intimate occasions in the home we're seeing those environments where perhaps beer is your afterwork relaxation of choice or a glass of white wine it's can bah lazing but i think your tailgate is safe. >> thank you very much we appreciate your time today. and your time. >> oil settled at a three year low, by the way. "closing bell" starts right now. welcome to "closing bell" i'm mike santoli in for scott apner. this hour begins with economic slow down concerns setting the tone and restraining the major indexes which haven't been able to build on monday's rally to outrun the hard landing fears. you see the s&p 500 up about one third of a percent, plus or minus around the flat line all day. a few megacaps responsible for

that, microsoft, oracle and broad com in particular. the nasdaq is outperforming based on those stocks. russell lagging today a bit down by .2% financials and consumer cyclicals have been pacing the down side. that reflects the macro turn you see the financial sector down about 1%. a sluggish global growth backdrop dragging treasury lows to 14 months as well 3.64 on the ten year oil extending resent losses accelerating down to a three year low, $66 for wti. our talk of the tape how best to spoof a cycle psyched by ghosts. let's bring in eric johnson. shanna shakosha and christine

hooper all joining me here, great to see everybody. eric, want to focus on your take which has been for a while flagging down side risk to the economy and markets that maybe aren't prepared for it what are you seeing, i guess, right now that's developing that you think might make stocks a tough trade? >> sure. i think the backdrop of, you know, valuations at essentially the highest we've seen in 150 years. you have the individual investor, the longest they've ever been in equities. and, to your point, what's going on in real time, the economy is slowing. so the economy has been slowing down from a payroll perspective and other perspectives for the last four to six months but really started to accelerate and we're seeing it across a number of different factors clearly the labor market is slowing. we are seeing delinquencies rising we saw that today within the financial sector and a bunch of other economic indicators are suggesting a slow

down i think the key is, why are we slowing? are those things going to change in the coming three to six months and our answer is we don't think so we think the three biggest things impacting the economy and causing a slow down are excess savings are declining. we don't see that changing prices are simply too high so we have an inflation rate on a month over month basis is down to 2%. right now we're about 12% above trend for the cpi and that's causing problems and then the restrictive fed policies and then by the way, you have china, which is, you know, 17% of global gdp that is a drag so i think it's a tough environment. >> slowing, shannon is something nobody disputes. coming off above trend growth for a while. and the question is where we're settling out we've seen cyclical parts of this market actually soften up

quite a bit. the market's seeing this happening and the question is, can we pull out of it or muddle through and how would you think about investing given the opportunities in front of you. >> if you think about it being softening we're thinking about it being in terms of of normalization. you can't have a landing without some sort of landing so our view is there are a number of areas of the market, particularly when you look at v valuation but looking at accelerated earnings growth what you see in the mag seven you see declining earnings growth. i think that's been well telegraphed. but if you look at the more cyclical parts of the economy, financials, health care, which interestingly has become a cyclical now with the megatrends we're experiencing utilities, reits those are areas not only benefitting from a lower rate environment but we see disinflation benefits and therefore setting the stage for

accelerating earnings growth even with sort of, i would say, at trend growth. not necessarily some of the stronger growth we've experienced the last five or six quarters. >> it seems when you have a fed that told you they're going to begin an easing cycle next week it concentrates the debate whether it's hard or soft landing, just in time, too late, whatever it might be how does the cpi number play into that and where do you think we are in terms of how high the stakes are as far as how big a rate cut and how the fed handles it >> the cpi number is a lot less important than any data that gives us a sense of the economic health of the united states. while it will matter, it won't matter much. quite frankly i think what we'll see next week is a fed that gives us a 25 basis points rate cut because to give 50 will set off alarm bells and also would be an admission of guilt

so what i would say is, i don't think that the fed keeping us at very restrictive monetary policy levels for a long time creates damage that is irreparable but i do believe every day we have rates at this these levels. the odds of a recession increase i think we can avoid that. but that means the fed has to telegraph, probably through the dot plot that we are headed for more rate cuts, sooner rather than later and that we are still sitting on a very solid economy based on their growth projections. >> you don't think that given that they are conceding that policy has been restrictive for this long and there's a wide distance between where rates are and where they think neutral is, even the market is projecting 3% if you don't think given all that, a half a percent move next week would be look we're taking a larger down payment on what we

have to do >> i think it would be a red flag let's look at march of 2022. the fed knew it was behind the curve in terms of fighting inflation but it only hiked 25 basis points it followed up with 50 and 75 basis points hikes but the start was slow i think to do otherwise suggests problems >> let's get to part of the market that brings together a lot of issues we're talking about. bank stocks have been falling today. there are macro concerns let's send it to leslie picker for what else may be behind it. >> the conversation you were having is a segue to the banking sector today, j.p. morgan facing the largest declines in the big banks. in new york, saying consensus for net interest income is quote a bit too high that metric for loan making is impacted by rate changes which

can alter loan demand and the amount banks must pay out for depositors j.p. morgan's ceo this morning said whether the fed cuts 25 or 50 basis points doesn't matter much. he's more focused on the economy. >> recessions drive -- banks are canary in the coal mine, you could see banks enter the red zone i hope that does not happen. i see a lot of banks fixing those issues today i hope they're focused on fixing issues they knew about, but they missed the biggest one, interest rates. hopefully it'll be okay. >> bank of america shares lower after ceo brian moynihan saying at that conference that nii would grow in q3 as delinquencies stabilize. he spoke to sara eisen mirroring jamie dimon's apathy saying what

matters is where rates end up in six or eight quarters and the impact on the economy. goldman shares plummeting today. the ceo spoke at the barclay a a conference saying the firm's trading business is trending down 10% in q3 and citi shares lower after the cfo spoke yesterday reiterating expectations for slight declines and highlighting 2.7 billion cost of credit due to new volumes in cards >> on top of that, i think the capital markets guidance seems to have been unexpected by the street. >> yes. >> but the card issuers have been weak today. allied had a lot to say about that at the conference i assume that has to filter into the big banks even though they can absorb that better. >> and monahan tried to establish more tranquility around the state of the consumer, describing the normalizing trends is th-- there

and looking at the comments by citi, the costs aren't due to deteriorating exposure there but due to the increased volume of cards. you have mixed messages there but the market is trying to sift through and see how it affects the various businesses within the banks. >> don't miss scott wapner's interview with david solmon tomorrow they have delinquency rates and consumer finances in general going back to in general precovid levels, savings rates things like that or it's on this trajectory that says we have a downturn, what do you say to those who say the household sector is not leveraged right now and housing, as rates come

down, can be a positive offset to a lot of negative trends? >> if you look at the economy and the consumer on an absolute basis right now as a snapshot in time i think you say the consumer is in good shape. debt levels are low, and net worth levels due to home prices and equity prices are elevate preponderance o ed i think the concern is the direction. who's to say when we stop at that sort of normalized level. and marry that with what equities are pricing in. no landing or maybe a minor soft landing, that's in prices trading at 21 times earnings, expecting 14% earnings growth in 2025, that's in the numbers. so to the ex-tentent we don't g that or we get a scare that this

normalization could turn into something larger, that scare really is going to take some air out of equity markets. if you look at what's going on with oil prices, the bond market, there's a lot of nuances there about -- to be fair, but they're certainly pricing in a much higher chance than the equity markets are that this normalization or slow down is something larger than what it is >> no doubt that that's definitely in the air. i guess it remains to be seen how much stocks have to take that in. the earnings cycle, though, you a eluded to this, for many companies earnings have been flat for a couple of years and now they're expected to rise again. is that compatible with an appreciatively slowing economy >> no. and i think there's bifurcation where you expect the slowing

delingt si rates are starting to pla plateau. you look at those earnings expectat expectations they have to be derived from other areas, it's not going to be derived from jacking up prices and getting that but i think on the financials it's example ni was expected to deteriorate so is this, you know, what i'm finding more encouraging is the fact that credit doesn't look too bad. they're not citing a real concern about con summer credit. that's something we should takeaway as part of the normalization. >> for sure public credit markets are not exhibiting that concern whether they're not picking up the signals or, in fact, there's a good cushion there is the question.

you had this interesting dynamic where productivity measures are going in the right direction again, the flip side of what we're talking about. companies not hiring and technology moving through. but then it seems like technology surrendering the leadership position, what you do you think that says where you would like to emphasize being in the markets? >> i like to emphasize small caps, cyclicals for a few different reasons. certainly benefitting from technology and innovation. also improved productivity, but also if we do see a reacceleration and i think we will, markets are likely to discount that by favoring small caps and cyclicals i think that's the area of the market that could do very well in the next say three to six months or even beyond that keep in mind that the last time the fed was able to hike rates and avoid a recession, was the '94, '95 tightening cycle.

when they gave an easing cycle it was 75 basis points we're looking at probably 200 basis points that could be a powerful boost, a bigger boost to the u.s. economy and in particular impact small caps and cyclicals. >> i know you don't think that's right in terms of where you want to be in the market, if we're cutting 200 basis points top to bottom it sounds liking the entire time we're worrying if it's a soft landing or hard. >> yes i think there's a lag effect, the lag effect and the rate hikes and on the rate cuts, as you said the terminal rate is priced in at below 3%. >> it's priced into the futures market. >> yes. >> ask me tomorrow. >>ing exactly. >> and look at the ten year yields it's come down a ton, 180 basis points below the fed funds rate. >> sure. >> so i think ultimately when

you see kind of the more classic recession putting financial crisis or covid aside. look at a classic recession, you know, the cutting of interest rates usually takes time to filter through, during the '01, '02 recession, they were cutting rates throughout the entire time but you're not seeing the balance until '03. so i think that's -- it's not really a cure all. if you look at prior cuts, cut cycles, after the first cut, many times you get draw downs after that first cut because now we've gotten the answer, we've gotten what we've been looking forward to to a year and change now it's finally happened now what we're left with the economy that is slowing. >> looking at the way the markets -- say you look six months the entire equation, did you get a recession or not it seems like you're betting we have some version of the soft landing cutting cycle that it could just take the pressure off? >> absolutely. keep in mind, though, where we need the boost is manufacturing.

if we look at the pmis services are doing quite nicely and, of course, that's a much larger portion of the economy. so i would assume that a lot of the boost could go to manufacturing, which again would be positive for the cyclicals. >> shannon, we have oracle up big today, double digits, a great earnings story, interesting in the fact that it was a cheap cash cow company it's not getting coattails today in terms of all of tech or semis going up is that a change of tone with a.i. now a show me story what do you make of it >> we thought a.i. was a show me story and we were wrong early on there's emphasis on what's called cheap tech. that's a misnomer for where you want to be positioned. you want to be in technology that has not experienced the significant appreciation but has

meaningful and monetizable growth drivers the next year i think when it comes to a.i. what's going to happen, it's not just about the spend, less than 5% of companies in the u.s. are using a.i. in any way right now. so it's going to be about how are you translating your existing footprint, how are you landing and expanding, and then able to provide a.i. capabilities that's easier than starting something from scratch saying we're here. >> and larry ellison said it's everything, the way we do it, calling it a.i. at the moment. it's expensive good to see all of you, eric, shannon and christina. let's go to seema mody >> stealing my thunder talking about oracle, the biggest gainer in the s&p shares climbing to an all-time high in addition to the first quarters earning beat, revenue surging 45% year over year, larry ellison announcing data center plans that will use a gig watt of power that relies on

three modular nuclear reactors hewlett packard enterprise, the company announcing plans to sell $1.3 billion in convertible preferred stock using proceeds to fund the acquisition of juniper networks down over 6% today >> speaking of so call cheap tech. >> yes. >> we are just getting started up next chris verrone reveals which sectors he's banking on. he joins me after the break. you're watching closing bell on cnbc

cyclical sectors under pressure this quarter as defenses take the lead with reits and utilities up double digits

our next guest said cyclicals are not the rate to outperform chris verrone is here. >> great to be here. >> it's fed cut rates maybe a soft landing, give economy the refresh, why not buy cyclicals >> there are so many things in this business that sound like they make sense, fed cuts, hoda kotb hoda kotbs ar-- >> the nonrate cuts have not recatalyzed. they went july 5th of 95 was the first cut of that cycle, tech struggled the next six months it's the flag holder but you had consumer discretionary weak, walmart was part of the sector there, so perhaps different but staples worked, health care worked, reits did okay

so there is a counter cyclical streak that runs through leadership regardless of why the fed is cutting. >> not to go step by step through the history. the fed cut in '95 but the middle of that year, gdp was kind of stalling out you had a sub 1% gdp quarter there's a reason they're moving, i guess the question is, as you look at the way the market is acting right now, the leadership profile is shifting around, is there any way to tell when we have this, that's the way it acts with a nonrecessionary rate cut. or is it the market flagging more weakness. >> i think what's important about the leadership, this isn't two or three or four weeks in the making this is the leadership developing the last four or five months the utilities reits have been reflecting all year. health care starting to improve. what do they have in common? very rate sensitive. >> sure. >> as i told scott before, i think there's a difference in the business between fighting

the tape and the consensus i never felt like we were fighting the tape on rates this year but felt like we were fighting the consensus at times. we still like them lower here. >> lower to where? >> under this basically 370 neighborhood which is where we are today. there's nothing beneath you until about 325 you can make a cas case 290 or 3 is where the case is in '95 rates had been falling in a vance of that, bounced for six weeks and then fellower. >> you mentioned technology back then would have been considered this really leveraged cyclical boom bust type of market now dominated by the monster platform companies it's been defensive but either way it feels as if they've broken

stride in terms of their leadership. >> it's piece by piece the average semihas not been a leadership stock this year >> over a year. >> yeah. i think when you break tech into two pieces, cyclical semis and in some respects the large mag 7 type of names that were viewed as bond substitutes when we couldn't own bonds so if we can own bonds here do we need the subst substitutes? so it seems like cyclicals under pressure everywhere. in europe i think tech has broken harder. asml is the largest in europe. >> and what about financials we can define them whatever bucket we want but they're obviously backing off today but have been improving. >> they've been leadership work in a year. i think it's essential that continues they're weaker today i think the trends are good you have you want to be a buyer of an oversold condition in

financials as it develops. this is a weak seasonal period as we know financial sectors get better late october, early november i think it's essentially they respond affirmatively. going back to the 1995 period. financials roared out of those cuts if we maintain what i think is the status quo of soft landing it's essential to keep financial involved and credit conditions benign >> looking at the index level i know you say the up trend is still in place, expect seasonal weakness but is there anything else we can map out we have a broad rally, does it seem like there's life left to the upside? >> i think there will be i think we need to get through the next four, five, six weeks and i'm not sure we're going to do that unscathed. feels like we need a conditioned

oversold first think about the changing character. tech never made a new high, q never made a new high, semis never made a new high. so there's some changes. and i think we ought to be aware of that. i don't think we get through the next four, five, six weeks without a punch in the stomach will that be viable? i think it will be the trends are strong enough but there are questions we have about what is the counter cyclical messages of macro telling us about 2025? >> and that's benefitting from those things that can benefit -- >>ing i think we cross that bridge as it arrives but on our mind. >> painless rotations are on our mind appreciate it. >> you're welcome. up next the ceo of boom superson sic joins us. don't forget you can catch us on the go following the "closing bell" podcast on your favorite

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welcome back boom supersonic designing a supersonic airliner. so joining us is their ceo along with phil lebeau. >> we're at the aviation summit we've seen you a number of years. this year you come in saying to people we're getting closer.

quickly rundown where you are in terms of first aircraft, first flight, entry into service. >> we flew our test airplane for the first time in march. first ever developed sprs supersonic jet went great. we're in a position to accelerate into production the goal is to roll the first airplane off the line in '27, flying in '28, be ready for passengers in '29. that's the airplane i look forward to flying with you and everyone else. >> the xb 1 prototype the first supersonic flight is later this year, right? >> yes >> you hear we want entry into service in '29 they say come on, even boeing and air bus struggle to make an aircraft enter into service on time. how can you be certain that's going to happen?

>> we didn't invent anything the airplane is like we took a boeing 787 airplane, stretched it out, made it long and skinny, put twice as many engines to go twice as fast we didn't create anything new. this is a pragmatic approach to supersonic -- >> but test flights are test flights. >> yes boeing in the 1990, five years from the triple 7 to delivering it their launch customer united. if we execute as well as they did triple 7 in the 90s -- >> your first fabrication facility in north carolina you finished it earlier this year. >> that's right. >> it is up and going. a lot of people look at this and say you're ahead of schedules in many ways but do you have the capital needed to get to production of your first

overture >> this is a capital intensive business our goal is to raise capital. no, we don't have all of it in our bank account today, foolish to take it all today but we've been able to enjoy great backing from investors who have seen it as an opportunity to create the next great aero space company. we look at boeing and the headlines. it's national security critical, we cannot let aerospace go to europe or worse two to china so we have to build and invent the next generation of airplanes here in the u.s. and the size of the prize is large. >> and you have investments out of saudi arabia. has made a small investment in boom, particularly with the engine that you're developing. you're over there, you talk with the saudi arabians, why is there

so much interest in that region, whether it's ev talls, supersonic or the future of flight do you look at that and say this is where it's going to happen in the next 15, 20 years in terms of explosive growth? >> there's a lot of interest in the middle east and caring for the next generation of products. and aviation can act as an ambassador a way to take a city or national brand and bring it to the people. i don't know it's going to be first in supersonic, it's inherently a global product. certifying with the faa and i think it'll launch here in the u.s. and then bring it elsewhere in the world. >> you know the usual sales pitch what's the flight time cut down between san francisco and tokyo? >> six hours it's magical you have a monday morning meeting you get to sleep an entire extra night at home, leave san francisco at 8:00 a.m. sunday morning you get to tokyo

six hours later 8:00 a.m. monday morning in tokyo we're awake, they're awake, do whole day meetings come back the same day, 24 hours later you're in your own bed, no jet lag. >> you heard the pitch, guys mike i'll send it back to you. they believe they can get to commercial service by ask the 29 we'll see the clock is ticking. >> it is thanks so much. up next tracking the biggest movers as we head into the close. seema has those. >> one retailer hitting a new high and energy stocks losing steam. we'll tell you why coming up

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price target on the stock. energy taking a hit, exxon, marathon, conno phillips and chevron lower. tropical storm francine is barrelling towards texas and louisiana watching oil prices tumble as opec lowered demand for the first time in two months. >> not sure if this is the idea behind baring, boot barn was a proxy of the oil economy because people in texas feeling flush. >> western apparel i see that. >> looks like that relationship is broken for now. >> yeah. >> we'll see what that means thank you. ahead, southwest airline shares sinking amid a keyboard shakeup. up next, starbucks' new ceo unveiling new plans for the company. all the details coming up a little bit later

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we are now in the closing bell market zone ally financial warning today of credit challenges plaguing the lender this quarter. kate rooney brings us the details. and phil lebeau is back to talk about southwest's big board shakeup and kate rogers on brian niccols' plans. >> yes. allied, this was on comments from the top executive at ally, the cfo at barclay's earlier he warned borrowers are struggling he mentioned inflation, high

cost of living, labor market and pointed to retail auto loans as a key area there, delinquencies increased in july and august saying i'd say over the course of the quarter, our credit challenges intensified. sara eisen asked brian monahan from bank of america about this, here's what he told her. >> they have the money in their accounts they're spending wisely, got rises, unemployment has kicked up, the job market is softer this is why the fed has to get more accommodative. >> you mentioned the ripple effects, sin crony falling, disc discover as well master card turning positive but wide ripple effects in terms of what it means for the rest of the credit card landscapes. >> those stocks you mentioned and affirm are to the down side but the course of the day up

significantly off the lows i wonder if there's a reassessment as the day went on. maybe ally is more exposed to certain parts of the market. seems as though nobody is willing to say across the board game over for the consumer >> yeah you're right on the nuances. some of those have lower income consumer, borrower, you see a company like american express down on this news, that's a totally different credit quality than you have in an ally or discover or sin crony. so i think it was the knee jerk reaction to begin with and a deeper dive i'm sure from some investors saying wait a minute, this is not indicative of every borrower out there interesting to see, we're talking to affirm's ceo tomorrow to see what he has to say. i think buy now, pay later is big with the borrowers and what the credit looks like there. >> been a constant theme there

thank you, kate. phil talk to us about the changes to southwest victor to the activists. >> absolutely. these are changes announced by southwest after a meeting between leaders and elliott management yesterday in new york southwest, the executive director who's been at the airline for 38 years, gary kelly, he's leaving in 2025, six directors leaving the board in november southwest is committing to appointing four independent directors and they may consider some of the candidates from elliott management but not saying those four are definitely going to be elliott management directors. what does this mean for ceo bob jordan that's a good question the board issued a strong statement saying he has the confidence of the board of directors he said i'm not going anywhere i believe in the changes we've put in place at the airlines, we

heard about some of them we'll hear about more of the changes that bob jordan and his team have in place on september 26th, that's investor day, and bob said to me many times what we've already announced is just the start. back to you. >> you were looking at the stock, it had a good run off the lows from early august but i wonder what the -- >> yeah. >> street's take away is here. i guess maybe it's a protracted timeline in terms of when the board changes will happen and unclear how that's going to translate to anything in terms of strategy. >> i don't think we're seeing much reaction because we don't know how it's going to shake out. the statement from elliott was this is nice, a start. but we need urgent action. urgent action implies that elliott is going to continue pushing for its directors, nominees quicker do we see them push for a

shareholder meeting and what about the demand that bob jordan go as ceo? they're still standing by that we have not seen the last of the tug of war between elliott management and the current leadership at southwest airlines. >> for context should mention the other larger airline stocks are off a bit today. american down a couple percent the group is beset by the idea nobody is sure how the supply demand set up is pointing -- >> correct. >> -- at this point. >> exactly that is exactly right. it is not a good set up for the industry right now >> phil, thanks very much. kate rogers on starbucks another company that seems as if it has strategic changes on the way. >> certainly, mike in an open letter to partners, today the new ceo says he's been traveling to different cafes and having conversations with employees and customers. and so far two truths have emerged.

first that starbucks is a beloved brand but second it's drifted from the core. he went on to say, quote, in some places, especially in the u.s., we aren't always delivering it can feel transactional, menus can feel overwhelming, product is inconsistent, the wait too long or the handoff too hectic these moments are opportunities for us to do better. his core priorities will be empowering baristas to take car of customers get the morning right every morning, re-establish starbucks as the community coffee house and tell the story and focus on u.s. business and then turn to global markets, including china. it's interesting to see what happens with the china business. one thing i note is he did have a fire side chat with all-star bucs employees at the headquarters in seattle. >> it's interesting in this idea the stores have this transactional feel and all those

other things he delineated i think you would say that's probably the result of volumes being funneled through in terms of transactions through these stores the priority on mobile ordering and drive through and this throughput idea that obviously they did to meet demand. you wonder how they can take care every step of the way without suggesting necessarily without having to serve less or find other efficiencies. >> i don't think the idea here is to cut back i think it's to speed up service but to have the starbucks touch of connection. that's something that goes back to howard schultz and the foundational values in the company and having that type of interaction with starbucks something the brand needs to get back to and remind consumers why it's worth it to go every time and particularly in an environment where people are being discerning where they're spending their money they believe that brian niccols

is the right one to get that balance. >> what is get the morning right ef every morning? >> i would say if you think about the tradition and the routine for people starting their day with coffee or a specialty beverage from a place like starbucks you want the morning to go well, you have a good connection with the barista, the drink order is correct and your wait time isn't long and i thinkgetting clear on th items and how many items are on the orders as you said it could be streamlined under his operations here. >> we see starbucks shares up about 1.25% today on the message from brian niccols as we head into the close the s&p 500 is close to the highs for the day, up about .4% at this point you see the nasdaq leading the way there up about .8%

stocks like microsoft, amazon leading the way there. and the dow has firmed up over the course of the afternoon. it was looking at a decline of more than 300 points at some point and we are down now only about 100. treasury yields have been a big story talking about 14 month lows in the treasury yelled. they is it not too far above the 3.6 mark at this point as people gear up for what's going to happen with the fed next week. the market breadth had been a weak point to start the day but it's gotten stronger, more stocks slightly higher on the new york stock exchange than lower. we are waiting for the cpi data in the morning, going to have a lot to say about perhaps how big a rate cut we get next week. the market has been tensed up. the volatility is down almost half a point at about 19 today that was up into the mid 20s last week. and, of course, oil prices we've

been hitting on that as well pretty much a steep decline in crude oil both brent and wti making three year lows no doubt a lot of talk in the presidential debate tonight about inflation. things are moving, at least in a more friendly direction on that score whether consumers are sensing it or not. that's going to do it for "closing bell" on a tuesday. we'll send it to overtime with morgan brennan and jon fortt that's the end of regulation campbell is doing the honors on the closing bell at the nasdaq closing near the best levels the s&p finishing up almost .5%. tech performing after a pop from oracle the dow seeing pressure brought on by the big banks. welcome to "closing bell" overtime i'm morgan brennan with jon fortt. >> coming up a