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Transcripts For CNBC Closing 20240703

Thats where were going to start, because thats where the pain was being felt, but now services green, financials green, tech green, health care is green, as well. We were going to say tech was mostly lower, the gain in nvidia not enough, but as we said, the situation continues to change which is why we have to watch this final stretch is closely. Our talk of the tape, when will stocks stabilize . Are they in the process of doing that. Is tomorrows jobs report the key . Do we have to wait for earnings or beyond that. Lets ask the Wharton School professor Jeremy Siegel who joins us from philadelphia. Always good it see and talk to you. Good to see you, scott. You know, market is changing and a lot of people are concerned were in the most of moving lower because rates move higher. How concerned are you right now . Well, i think there should be no question now that fed should be done. Weve had almost 50 basis points of tightening on the long end since last meeting and by the way, tightenin

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