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Transcripts For CNBC Closing Bell 20150420

it is up 200 plus points because being cheered on by the reserve requirements in china. this is an internationally lyly oriented market right now. is that the idea? i apologize if i m repeating anything. bill pointed out the dow is up 217. let s skip straight ahead to the closing bell exchange and introduce our guests. joining us at the top of the hour to kick things off. we have price heedley, kate warren from edward jones. and our very own rick santelli. a welcome one and all. anthony chan the big news this weekend, we have to talk about a china rate cut. the u.s. central bank the japanese, what s the message to investors. central banks all over the world are coddling financial markets, coddling the overall economy. that s one of the reasons we don t get big corrections anymore. we get mini corrections. right after the chinese announcement on friday that they were going to go ahead and restrict margin trading. the analysts warned and said the financial markets would m

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