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Transcripts For CNBC Closing Bell 20240713

Well take you live as impeachment proceedings, of course, continue in the house. And a china trade deal hangs in the balance. Welcome to closing bell, everyone, on this big day. Im wilfred frost. And im Morgan Brennan in for sara eisen phase one trade deal may not be completed this year. Retail is recovering with target and lows shooting higher on strong earnings and fed minutes just out officials seeing little need for further rate cuts. Joining us for the hour, josh brown, ceo for Wealth Management. Whats happening . The president stepping off the plane. Yeah. Look at this. Dow is down 142 points, s p is lower, too. Trade, is trade once again dictating the action again today . At the margins. I dont think the majority of Market Participants are making big changes in what theyre buying and elling. Even if theres resolution on, quote, unquote, phase one, will be with us for the duration. If you are somebody who was going to make a radical change to portfolio based on trade, youve had t

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