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Transcripts For CNBC Closing 20240703

Fresh knew cycle high. Stocks were selling off until late morning when Hedge Fund Manager bill ackman, yields they quickly fell, stocks quickly recovered, the nasdaq today, the big outperformer, mega cap stocks took off. Take a look at the nasdaq up near 1 . That coming ahead of their earnings, which begin tomorrow with microsoft and alphabet, takes us to our talk of the tape. What if we really have seen the top in rates just as tech earnings are about to roll in. Could it be enough to get stocks back on track towards a year end rally . Lets ask jpmorgans Global Investment strategist with me here at post 9. Good to see you too scott. It is an interesting market move. What do you make of it. When we saw rates almost touch that 5 mark, they were basically at a buy at 4 , but 5 just becomes that point where you got to lean in now, and so, you know, hearing that
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