i'm scott wapner front and center the rally why stocks are jumping despite the fed's message. the investment committee debating your next more. josh brown, bryn talkington, with us. the fifth positive week in a row. it's on its longest daily winning streak rob, to you first, it was a hawkish pause. whether the fed will do what they suggest they will the market doesn't believe it. >> has the fed mattered since earlier in the year? we were pricing four cuts in the back half of the year. i think it lent support to tech stocks and the fed hasn't mattered since then not a bit. the question is do they matter now? the markets are voting today, maybe not. i think at some point they have to matter. they're telling you they don't want to repeat the mistakes of the '70s the numbers are undeny play terrific they had to pause. we think there's one more tightening i think there could be more than that they're telling you there could be more than that. >> what they're telling you at this point the market is saying i don't really care what you're saying, show me and we don't believe that you'

i am scott wapner, front and center now a huge week looms for your money. we will discuss and debate what the investment committee, what is really at stake joining me for the hour today, joe terranova, steve weiss there's the s&p, 4313. we are on a four weak win streak, as we said that is up 20% from the prior low, and dow on pace for its best since november. cpi, we have a fed meeting and presumably everything else, retail, and we will see how the market trades once it got into this alleged new bull market >> alleged bull market certainly a technical bull market and by the way, you can confirm fundamentally and technically that the nasdaq is a bull market cpi tomorrow, without question, i believe we priced in what we will see over the next two months which is the largest single drop for inflation. keep in mind, you're rolling off may of '22s 0.9 higher month on month, and scott you will be in the 3 to 3.5 range for inflation in june. >> is it good for the market that's all i want to know. >> it's priced in. let's remember something, when you see the inflat

i am scott wapner, front and center now a huge week looms for your money.nt committee, what is really at stake joining me for the hour today, joe terranova, steve weiss there's the s&p, 4313. we are on a four weak win streak, as we said

i'm scott wapner front and center the rally why stocks are jumping despite the fed's message.ent committee debating your next more. josh brown, bryn talkington, with us. the fifth positive week in a row. it's on its longest daily winning streak rob, to you first, it was a hawkish pause. whether the fed

i'm scott wapner we're, of course, going to monitor the rest of the hearing and bring you any necessary highlights as they develop there down in d.c. stocks are trying to avoid a third straight day of losses the investment committee is with me to assess what all of this means to your money. joining me for the hour today joe terranova, kari firestone, jason snipe, steve liesman is with us as well. i'll show you what the markets are doing. we're largely in the red across the board. yieldsr as the fed chair was speaking i guess on that note, steve, to me this sounded like a fed chair justifying his latest rate hike not one who just paused. >> yeah, or certainly justifying the next rate hike that may come through, scott an interesting way to put it more certainty in his talk and the words that he used that rates are probably going up in the july meeting i don't see very much change in the feds market, still a 75% chance of a rate hike. the market has refused since that projection came out to price if that second hike. a little bit of a probability on that he said it's not really important t

i'm scott wapner front and center the rally, stocks higher on this final trading day of june after another inflation read is music to our ears. joining me right here post 9 liz young, bryn talkington, steve weis weiss. the nasdaq is the big winner the s&p's best first half. we have a lot to work with inflation continues to fall. i'm so glad that we have lebed and weiss on together because your views -- >> that's one of us, by the way. >> -- are so opposed i'm going to give the ball to jim first. not that your positioning was so perfect but your call has been good now what >> so i'm sticking with the call steve has a different opinion but it's not like he's an idiot. it's not there's rationality to the thesis of 500 basis points of rate hikes should have a dramatic effect. there's rationality to the idea that the yield curve is a predictor. however, there are other perspectives and my perspective, scott and viewers, has always come from the point of view of what the companies are saying. it doesn't mean they're always right. companies pretty much across the board are saying things look good

i'm scott wapner this make or break hour begins with a rally to start the new month. we're at the highs of the day. we have a big interview in moments. wharton professor jeremy siegel is here. >>> let's look at your score card dow getting a nice boost today from united health and chevron and caterpillar and american express. tech an interesting story. some of those ai names reviving a bit. pretty good day for apple as well energy, the worst sector is leading today. it leads to our talk of the tape can you trust and depend on this rally? let's ask the professor siegel he's with us today from philadelphia professor, welcome back. >> happy to be here, scott. >> new month are we going to have the same story? do you believe in this market right now? >> i think the market loves the -- i was surprised there's talk about a pause or a skip you can name it what you want, but i think that's a major source of the rally. i've been warning about the fed going too far, the delayed effects of monetary policy copolicy if they can pause, this lowers the probability we'll have a recessi

i'm scott wapner this make or break hour begins with a rally to start the new month.. we have a big interview in moments. wharton professor jeremy siegel is here. >>> let's look at your score card dow getting a nice boost today from united health and chevron and caterpillar and american express. tech an interesting story. some of those ai names revivin

i'm scott wapner live from the new york stock exchange. we begin with the winning stream for stocks and it's more than just tech pulling the markets along. the dow on pace for its best month since november tomorrow the inflation report and wednesday the fed decision here's your score card with 60 minutes to go in regulation. discretionary and tech the leaders today. intel is the big winner out of the dow. oracle leading tech ahead of its earnings that letads us to the talk of th tape, the critical 48 hours ahead. >> let's talk to our panel gabriella santos, stephanie link, our own steve liesman. let's begin the conversation steve, what a time what a time for a fed meeting. we have the new bull market allegedly started. i wonder what they must be thinking about this as they sit down at the table tomorrow >> reporter: yeah, i'm not sure how happy they would be about the bull market. there's a wealth effect issue. i don't think that's the top of the issues they're concerned with right now i think what happens, scott, is unless you get a massi

. >>> welcome to "closing bell" i'm scott wapner live at the new york stock exchange.in with this post fed bounce for stocks. it's a big one not even jay powell's hawk talk was enough to stop the rally dow is up 500 points right now was up about 400 the most of the day. having a nice move in the final hour s&p 500 trading above 4,400. been up five weeks in a row. nasdaq u

i'm scott wapner front and center this hour, the longest monthly winning streak for stocks in nearly two years and what it means knew for the second half of the year. and speaking of that momentum how about apple hitting another new high today, little more than a dollar away from $3 trillion joining me for the hour today joe terranova, amy raskin, steve weiss. everybody is here at post 9. the dow is being dragged by defensive plays like health care and staples. the s&p 500 fourth straight positive, the longest since august of 2021 and, joe, it is an apple kind of day. it's in the green and, as we said, $193 is the magic number, away from $3 trillion. >> august of 2020, it eclipses $2 trillion. it does that in august of 2022 -- i'm sorry, august of 2018 august of 2020 it eclipses $2 trillion it is about to reclaim that level how fast to $3.5 trillion or $4 trillion that's the next stop there's now optimism that in fiscal year 2025 that's going to be administrative to revenue the stock is off to the races. >> you're talking to what dan ives said. >> when it gets to $4 trillion, weiss,

i'm scott wapner front and center this hour, the state of the rally on this decision day for the fed the investment committee debating where your money might go from here no matter what happens in a couple of hours joining me for the hour stephanie link, joe terranova, kari firestone let's check the markets. careful how you look at it today, too you do have new 52-week highs for the s&p 500 and the nasdaq that dow decline there is basically due to united health take that with a grain of salt, and we're going to talk more about that later however, stephanie link, does anything about this rally hang in the balance today with this fed decision we think we know what the decision will be we're not necessarily sure we know what comes after that, though >> look, i think we're all expecting a hawkish pause and the inflation numbers from yesterday and today really give them -- give me -- confidence, gives all of us confidence they are going to pause how hawkish are they going to be >> they pause now but then they signal they may go in july >> they may go in july or hint no matter what they'll

i'm scott wapner live from apple park we begin with breaking news from apple's worldwide developers conference the company rolling out several new products today including vision pro, that much-hyped head set. just as the stock hits an all-time high. here's your score card dow's been red for most of the day. nasdaq was not you see the major averages are all in the red there's apple. that's a considerable story today. that takes us to our talk of the tape will today's event keep momentum going for apple shares that's the question they care about most we have a group of them with you today. a panel here in coopertino we're going to start with our go-to guy on apple you know him by now, steve kovach, he's here with me. there was that one more thing, the classic line. >> they actually said it >> then there was the delivery what are we supposed to think of vision pro >> going into this we were talking earlier what is the message going to be, what is the pitch? it sounds like the pitch is this is a high-end entertaining device i saw one demo they were giving in the presentation where there was a wom

i'm scott wapner front and center this hour, rally watch, stocks trying to extend their monthly gains we'll debate what lies ahead as one of our committee members makes several major moves in this market. joining me for the hour today, josh brown, stephanie link, rob sechan and jim lebenthal i want to show you what the markets are doing. we do have a pretty good day going. the dow is good for 231. s&p higher by a third of a percent. the nasdaq is a fractional winner we're watching yields. we have a lot going on three ipos at the new york stock exchange including one just to our left here which could open any moment we'll take you through that as well there will be a lot of excitement around as the crowd builds over at post 6. we're watching apple which is now within a dollar. a little less than a dollar away from $3 trillion in market cap now, remember, it was there before in january of '22 on an interday basis never closed there we're watching that 190.73 is the number we're watching there. we'll go to pisani in a second let me go to bob now bob, are you with me can you hear me? >> r

i'm scott wapner front and center this hour, your game plan for the second half of the year, more committee members debating the road ahead for your money today. joining me for the hour josh brown, jenny harrington and top-ranked financial adviser richard saperstein the dow is good for 150. the s&p about three-quarters of a percent. josh, i turn to you, consumer confident, the best read since january of 2022. you said you like the tape looking at the second half, do you like it as well? >> i still like it and the main reason why i was speaking so ebulliently about the tape, so to speak, is not just because of what the s&p 500 is doing on a day-to-day basis but how many opportunities there are out in the market and i'm talking about dispersion and different sectors and catch-you have trades happening all over the place a couple weeks ago the narrative was it's just seven stocks, blah, blah, blah you hear of companies like delta, not involved in ai -- i don't think -- and you're seeing this from home building related stocks existing home sales the third straight month of higher prices. >> new

. >>> welcome to "closing bell" i'm scott wapner live at the new york stock exchange. we begin with this post fed bounce for stocks. it's a big one not even jay powell's hawk talk was enough to stop the rally dow is up 500 points right now was up about 400 the most of the day. having a nice move in the final hour s&p 500 trading above 4,400. been up five weeks in a row. nasdaq up as well. yields falling apple trading at its all-time high leads us to the talk of the tape, the fate of this rally 24 hours ago it looked dicey now not so much. what does it mean? let's ask liz young, sofi's head of investment strategy what's this about? >> one heck of a rally this is maybe something along the lines of do as i do not as i say. the fed said we'll hike two more times, the inflation fight is not over we had the terminal rate move up 50 basis points. the inflation moved up only 30 basis points the market in theory should not like that. frankly i'm not sold they're going to hike again. i don't know they're going to be able to. i think there's going to be some kind of reckoning wit

. >>> thanks so much i'm scott wapner this makes or break hour begins with another run at 4300 at theulls are now fully in control of this market we'll ask noted bear that question in the meantime, here's your scorecard with 60 minutes to go in regulation. the dow nicely higher today. you can see the stocks, health care one of the better sectors overall today. pretty good bounce back for tech after the nasdaq suffers one of its wors

i'm scott wapner whether the bulls can keep up this newfound momentum schwab's liz ann sonders answering that question. first your scorecard with 60 minutes to go in regulation. stocks have been red for most of the day. we are keeping an eye on apple it's been about $5 away for much of the session there it is. 1 185.52 that stock is up 42% year to date to our talk of the tape. industrials, materials and small caps are posting a good month. is that a sign liz ann sonders of schwab is with us. good to see you again. judging from your notes you don't seem to be fully sold on this market. >> reporter: i think the breadth widening out it may be short lift enough that we can't assume it's a trend but a key thing i'm watching and, again, we've seen it a little bit in terms of percentage within these various indexes trading at 52-week highs or shorter moving average. it's still fairly low. i would be looking for that. the other potential rub is that sentiment conditions are not quite into frothy territory but that level of pessimism both on the attitudinal side. were those conditions to move int

i'm scott wapner right here at the new york stock exchange.s make or break hour begins with another new high for nasdaq yes, it's turned negative now, but it opened strong it's on track for its longest weekly winning streak in four years. now questions about whether it's too stressed and if the hype of ai has pushed those stocks to the limit. >>> your score card with 60 minutes to go in regulation looks good for the dow good for near triple digits. s&p a modest loser nasdaq, obviously, a winner of late, loser by near 1% tech, well, it tried to skjump there's the russell 2000, up 2%. marko kolanovic is here. is this too exceptional? >> it is too kexceptional. the breadth has been narrow. some of the largest companies tied to artificial intelligence. it's stressed. it's hard to say it cannot go more, but we think it's in a bubble domain already now. i think it's too late and, you know, i would think that we could see the pullback there little bit for sure seeing today with the nasdaq down 1.5%. >> why do you think it's a bubble you can say i thi

i'm scott wapner charges against former president trump.he live shots from the justice department jack smith expected to make a statement any moment now we are going to go live to washington when that happens first though, take a look at where we stand here. just past 3:00 in the east, the s&p 500 trying to close above 4,300 for the firs

i'm scott wapner this hour begins with market moe money tell and why some people say it's just getting started as june comes to a close. bryn talkington sets us up with that dow and accept higher throughout it's the s&p's best month since january, dow since november. the nasdaq working on its best half of the year since '83 tesla hit another all-time high closing in once again on3 trillion in market cap we're going to see if it can get there and then close above it. it needs to close above it for the first time ever. we'll have "talk of the tape." let's ask bryn talkington here with me at post 9. good to see you. what's the story going to be for the second half? we've got a couple of days in the first. lot's game it out. >> there are going to be two parts. first of all, we're definitely seeing a catch-up in the cyclicals. talk about cruise lines, homebuilders they've done really well financials, small caps. >> energy. >> we'll get there i think that's the last three months of the year but the financials and small cap are having a really clear catch-up, and so i think as a trader, that'

. >>> thanks so much i'm scott wapner this makes or break hour begins with another run at 4300 at the s&p and whether the bulls are now fully in control of this market we'll ask noted bear that question in the meantime, here's your scorecard with 60 minutes to go in regulation. the dow nicely higher today. you can see the stocks, health care one of the better sectors overall today. pretty good bounce back for tech after the nasdaq suffers one of its worst days there's your nasdaq. leads us to our talk of the tape whether the bears are suddenly sweating as stocks stays resi resilient. are you sweating you are a bear this market's been getting away from you, hasn't it? >> it has, scott but i am sweating no more than i was sweating in august of 2022 and it seems a lot like august of 2022. much i count the ways? >> well, i mean, you don't have to go through all of them, but surely you had to have looked through this market and wondered do the bulles have control >> we ask ourselves that question every day, scott. the question is whether the market's going towards my prediction or not. but

i am scott wapner. can tech keep up the momentum? joining me, anastasia, joe tear nova, saw rot and steve weiss. nasdaq is under pressure, and s&p is, too. dow is a marginal winner at this hour we are on recession watch, i suppose, across the markets at the particular time we are having this conversation we have a pretty good half of the year, right? >> sure. >> unless you are simply only vested in dow stocks, and then you are only up half a percent it's a surprise for a lot of people that we are having this type of run? >> without question. >> what now? >> you have to take a look at the calendar and understand some of the challenges that will be in front of you. i said over and over again, the probability for a flat to negative quarter resides in q3, but let's talk about the interim. you will have a significant rebalance for portfolio managers out of equities which have in the quarter, nasdaq is up 12%. high yield and municipal bonds basically flat in fact, jpmorgan says it could be 150 bill done -- >> they say there's a light catal

i'm scott wapner at the new york stock exchange we have a big interview coming up i'll go one-on-one with eric johnson, one of the biggest bears on the street. he says stocks are going lower we look forward to that conversation. >>> we begin with the head hawk on the hill. fed chair jay powell saying two more rate hikes are likely stocks are trying to avoid a third straight day of losses they're doing a pretty good job of it at this hour here's your score card with 60 to go in regulation. the dow in the red for most of the day. it was dragged by tech names like intel and salesforce. the mega caps weaker too which is weighing on the nasdaq today. leads us to the talk of the tape whether the bulls can remain in charge with the fed intent on hiking even more let's ask josh brown he's a cnbc contributor. he's right here at post nine >> post nine rules. >> powell was on message his message of last week. >> no surprises. >> what do we do now with what he had to say? he said it could be two more hikes. >> every day is an opportunity to make sure you don't react powell is going to speak tomo

i'm scott wapner the great debate, who is r&■y in charge of this x■market the bulls or the bears?hing, of t(■ourse, to your money. joining mei■ó■■■tox■ discuss ith baruch, jim lebenthal. let's check the markets and see what we are doingfá thisx■ hour. stocks are tracking fort(■four down days in a row, thexd■worst■ weekl■ since march.ç the nasdaq about to break its eight-week win streak. the dow is aÑ■ modest loser. the s&p is a modest winner.e so, jim, i feel like we needx■ havei■ this conversation becausi still feel like wye don't have a x■answer >> we don't. >> whof■ is in jfcharge, the bus or the bears the momentum has been on the bulls side you felt a little bit better about your ownt■ case and about where you thought this market was going. and here we are. i don't feel that good righte■ now. now i'm not -- lete■ me be clear for everyone i'm not changingwki■ ç 2024 is going to be fine but on the margins the last week haslp made me more negative. let me put this into context -- >> i know why. >> in the context of the broadening or the narrowing oft■ the rally, you go back three

i'm scott wapner. the s&p 500 flirting with 4300 and nasdaq has its longest winning streak since 2019. we discuss and debate where your money golems -- we are money goes from here. we have with us for the hour several guests. it is now one of the highest on the street as a market. we will discuss in a moment. let's check the markets. the tao is good for about 20. s&p was on the doorstep. you can see it's a little bit down. nasdaq has rolled as well which is down to about two thirds. now, the nasdaq is part of your story here. seeing the move intact which you have a rated as well but not your target goes to 45-50 which is the second highest on the street. only to sam stove all who is 45.75 and obviously you thought i wouldn't give you the biggest this -- with -- >> thanks for having us. across the board we increased our price targets by 250 points. we thought the worst case scenario did not occur this year. and from a fundamental perspective we dts -- we decrease inflation and that helps us equate to ou

i am frank holland in for the judge, scott wapner. front and center this hour, is the rally for real the s&p 500 tries for its seventh straight day of gains. the nasdaq eyes its longest weekly win streak since march of 2019 our investment committee standing by to break this entire thing down joining us for the hour josh brown, karen firestone, steve weiss and here at post 9 jason snipe. but first let's take a quick look at the markets, mostly a flat day today looking at the dow basically flat same story for the s&p, the nasdaq fractionally lower. pretty close to the same level it's been for the last couple of days so the question right now, is this rally real? josh brown, is this a rally you would continue to buy into do you have faith this can continue to run? >> so this is really why investing gets tricky because if you think back to the start of the year and if you are just going by headlines and not stock price, there would be no conceivable reason to believe that we would have a first half shaping up to be the way this one is it

i'm scott wapner live today from one market in san francisco.ecial hour begins with the mania around ai, the risks, rewards, and runaway success of the stocks set to benefit from this transformational technology we have several special guests joining us today we have the founder and chairman and ceo of altimeter we also have the co-founder of deepmind, sold to

i'm scott wapner the nasdaq on track to break its longest weekly winning streak. we'll ask the investment committee whether the trade has reached a near-term top. joining me, josh brown, jenny harrington, steve weiss. the nasdaq up by just about 1% mu muted somewhat for the dow weiss, i want to go with you first. nasdaq yesterday the worst day since april 26th on track to snap its six-week win streak the worse from be spoke since february of '19. >> take a look at deere yesterday, up around 3%. so money is trying to go to the so-called undiscovered or beaten-up areas that haven't moved up fortunately, if you're looking to hunt there, that's a big area because you have seven stocks. i think you had a lot of people get, and i know because i was would be of them, get into one of those names, specifically nvidia which i'm out of, to chase the momentum, follow it and think it would continue. it did very tight stop on it. those that got in last are the weakest, they're following every announcement coming out and raising price increase for no other reason than the stock

i'm scott wapner front and center this hour, rally watch, stocks trying to extend their monthly gainse'll debate what lies ahead as one of our committee members makes several major moves in this market. joining me for the hour today, josh brown, stephanie link, rob sechan and jim lebenthal i want to show you what the markets are doing. we do have a pretty good day going. the dow is good for 231. s&p higher by a third of a percent. the nasdaq is a fractional winner we're watching yields. we have a lot going on three ipos at the new york s

i'm scott wapner front and center the rally, stocks higher on this final trading day of june after anotheris music to our ears. joining me right here post 9 liz young, bryn talkington, steve weis weiss. the nasdaq is th

i'm scott wapner two big tech stocks on the move today, apple on the doorstep of history again, hitting $3 trillion in market cap, trying to, anyway and nvidia, one of this year's biggest winner, under pressure on reports of possible new export restrictions to china we are following both big stories and asking just how much of this rally is now hanging on those two closely followed and widely held names. we'll ask big technology's alex kantrowitz stocks mostly lower most of the day, health care and defense names dragging the major averages lower there's the s&p, a modest loser. the nasdaq, take a look at that, trying to buck the trend we'll see if it can over this final stretch. our "talk of the tape," the rally, the second half, and whether tech can continue to carry stocks higher. the founder of big tech technology and a cnbc contributor joins us right now apple on the doorstep again. isond time going to be the charm for the $3 trillion stock? >> feels like it should, right, because the last time apple reached $3 trillion, there were things on the horizon that looked really menacing,

i'm scott wapner this make or break hour begins with the road to tech and its mgive in sent run is acting tired lately and raising questions now about whether it is bad, and dan ives along if just a moment. in the meantime, here's a scorecard with 60 minutes to go in regulation. nasdaq, our focus today is names like nvidia, tesla and meta. dragged that index lower and there you see the losses there the nasdaq's eight-week winning streak coming to a close last week chevron, nike and home depot ending its three-week run, as well and the dow is showing modest gains at this moment. it takes us to our talk of the tape will the second half bring second thoughts about the techtrade? it has been the runaway winner in the first three months of 2023 >> good to be here >> 12 to 15% more in the second half >> we believe this is the start of a new bull market for tech and ultimately it will be broader and it's not just that call it seven or eight big tech stock. weekly fundamentals are not just stabilizing, but actually starting to see for the first time upticks across cloud, across enterprise, and th

i am scott wapner. can tech keep up the momentum?ia, joe tear nova, saw rot and steve weiss. nasdaq is under pressure, and s&p is, too. dow is a marginal winner at this hour we are on recession watch, i

i'm scott wapner live from apple park we begin with breaking news from apple's worldwide developers conferencepany rolling out several new products today including vision pro, that much-hyped head set. just as the stock hits an all-time high. here's your score card dow's been red for most of the day. nasdaq was not you see the major averages are all in the red there's apple. that's a

i'm scott wapner the great debate, who is r&■y in charge of this x■market the bulls or the bears?

i'm scott wapner live from post nine here at the stock exchange. this make or break hour begins with what else the rally. inflation drops to its lowest level in two years now all eyes now turn to washington where the fed will announce its next move on interest rates in less than 24 hours there is the countdown clock, and here is your scorecard with 60 minutes to go in regulation the dow on track for its best month since november industrials, materials, financials, energy all posting strong gains today new 52-week highs for the nasdaq and the s&p 500 as well. even as tech takes a little bit of a breather, it leads us to our talk of the tape the bullish breakout and whether it can be trusted or not let's ask anastasia amaroso at post nine. it's good to see you. >> good to see you >> do you trust this move? >> i do trust it look, scott. you know, there's three reasons why the markets have been rallying this year which is inflation has been slowing and we saw that in the cpi report. there's a lot of good news that i think the fed will take from the mon

i'm scott wapner.and nasdaq has its longest winning streak since 2019. we discuss and debate where your money golems -- we are money goes from here. we have with us for the hour several guests. it is now one of the highest on the street as a market. we will discuss in a moment. let's check the markets. the tao is good

i'm scott wapner, the ai trade, whether it is getting overheated as several stocks in the space takeows so we will discuss and debate with the investment committee what to do from here joining me josh brown, stephani link and jim lebenthal let's check the markets. we're green across the board and call out the highs of the session for the most part. for all of the major averages today, really interesting stuff going on too as we come on the air with you i want to show you

i'm scott wapner two big tech stocks on the move today, apple on the doorstep of history again, hitting $3 trillion in market cap, trying to, anyway and nvidia, one of this year's biggest winner, under pressure on reports of possible new export restrictions to china we are following both big stories and asking just how much of this rally is now hanging on those two closely followed and widely held names. we'll ask big technology's ale

i am frank holland in for the judge, scott wapner.this hour, is the rally for real the s&p 500 tries for its seventh straight day of gains. the nasdaq eyes its longest weekly win streak since march of 2019 our investment committee standing by to break this entire thing down joining us for the hour josh brown, karen firestone, steve weiss and here at post 9 jason snipe. but first let's take a quick look at the markets, mostly a flat day today looking at the dow basically flat same story for the s&p, the nasdaq fractionally lower. pretty close to the same level it's been for the last couple of

i'm scott wapner this hour begins with market moe money tell and why some people say it's just gettinged as june comes to a close. bryn talkington sets us up with that dow and accept higher throughout it's the s&p's best month since january, dow since november. the nasdaq working on its best half of the year since

i'm scott wapner live today from one market in san francisco. this special hour begins with the mania around ai, the risks, rewards, and runaway success of the stocks set to benefit from this transformational technology we have several special guests joining us today we have the founder and chairman and ceo of altimeter we also have the co-founder of deepmind, sold to google is alphabet losing out in the arms race? we will ask him. and neeva's founder is here. he just sold them to snowflake who else was interested in that? we'll find out let's check the markets with 60 minutes to go. you see the dow is a marginal loser. the nasdaq, what else is new it's been positive for most of the day. tech names like alphabet and meta there is the russell for the day. bring us to the talk of the tape ai and the power and pitfalls of this new frontier and what investors need to know we welcome in brad gerstner. the first time we had an interview with you was here, and now we're covering this new frontier when you were with me last, you said, quote, we have one

i'm scott wapner front and center this hour, the state of the rally on this decision day for the fedting where your money might go from here no matter what happens in a couple of hours joining me for the hour stephanie link, joe terranova, kari firestone let's check the markets. careful how you look at it today, too you do have new 52-week highs for the s&p 500 and the nasdaq that dow decline there is basically due to united health take that with a grain of salt, and we're going to talk more about that later however, stephanie link, does anything about thi

good afternoon i'm scott wapner you're watching "closing bell" at the new york stock exchange jeffrey gundlach will be joining me cameron dawson is here what's the story >> the statement was hawkish the s&p was hawkish. then there was that little window in the press conference where powell wasn't necessarily the most hawkish he's ever been. he talked about how, yes, july is a live meeting, but certainly wasn't committing to it. you saw the market sort of take that with the interest rates coming off their highs for the day. stocks rebounding. the reality here is that the fed still sees a lot more work to be done and that their job fighting inflation is not done. >> you're keying off what some have been talking about that he went out of his way some are suggesting to say july isn't predetermined. at that moment maybe the stock market took some comfort in that it may be short lived. >> it seems that way it's interesting to have so much y unamity. they're still guiding for two more hikes to get to the 2% rate >> let's bring in jeffrey gundlach jeffrey, good to see you steve liesman descri

i'm scott wapner the nasdaq on track to break its longest weekly winning streak.ll ask the investment committee whether the trade has reached a near-term top. joining me, josh brown, jenny harrington, steve weiss. the nasdaq up by just about 1% mu muted somewhat for the dow weiss, i want to go with

i'm scott wapner front and center this hour, your game plan for the second half of the year, more committee debating the road ahead for your money today. joining me for the hour josh brown, jenny harrington and top-ranked financial adviser richard saperstein the dow is good for 150. the s&p about three-quarters of a percent. josh, i turn to you,

i'm scott wapner live from post nine here at the stock exchange.ke or break hour begins with what else the rally. inflation drops to its lowest level in two years now all eyes now turn to washington where the fed will announce its next move on interest rates in less than 24 hours there is the countdown clock, and here is your scorecard with 60 minutes to go in regulation the dow on track for its best month since november industrials, materials

i am frank holland in for the judge scott wapner front and center, where stocks are headed from here the s&p 500 is looking to snap a win streak standing by to break the entire thing down, jason snipe, rob sechan and jim lebenthal first, a quick check on the markets right now. take a look at the markets a down day across the board. the s&p down even more than that the nasdaq hardest hit down almost 1%. a slight decline in the ten year, down about four basis points as investors digest the fed speak. we'll have much more on that coming up. first a trade alert for you. we have our jason snipe trimming his position in nvidia and palo alto jason, explain this one to us. a lot of people are trying to ride the ai wave you're jumping ship a bit. >> yeah, frank, and i think the bid is an important piece of the story. we still have a lot of conviction in both names palo alto is up 76% year to date nvidia up over 189% year to date this is a story just prudent -- trying to manage our risk going forward. obvi obviously there are still very strong core positions for us we still very much believe i

i'm scott wapner we're, of course, going to monitor the rest of the hearing and bring you any necessary highlights as they develop there down in d.c. stocks are trying to avoid a third straight day of losses the investment committee is with me to assess what all of this means to your money. joining me for the hour today joe terranova,