Gil Luria of D.A. Davidson explains whether Intel&#x27;s sharp rally on Apple-related headlines is justified and what it would take for the company to turn renewed optimism into lasting results. Katie Stockton of Fairlead Strategies highlights other areas breaking out beneath the surface and identifies where momentum is building across the market. Bob Michele of JPMorgan Asset Management breaks down the fixed income landscape and explains what bond markets are signaling about growth, inflation and rates. The show also examines a growing corporate trend as companies shift from holding large cash balances to raising debt.<br><br>Mark Mahaney of Evercore tackles a surprising development in tech: every member of the Magnificent Seven has underperformed the S&amp;P 500 over the past month.<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Closing Bell Overtime: Markets Search for New Leaders as Big Tech Stalls and Intel Surges 6/18/26

Closing Bell

The Bell's bringing an end to the trading day at the NYSE First Carolina Financial Services, ringing the closing bell. And at the NASDAQ, Live Oak Acquisition Corporation doing the honors. Welcome to Closing Bell Overtime. We are live from Studio B at the NASDAQ Market Site. I'm Melissa Lee, along with Mike Santoli. Stocks higher today following yesterday is late-day post-Fed sell-off. The Dow up about a quarter of a percent, the S&P a percent, and the NASDAQ, the big mover today, up about 2 percent.

The chips and, in particular, memory stocks leading the gains today with both semi-ETFs, the major ones, seeing gains of more than 6 percent. Much more on that ahead. Yields easing back a bit after a big spike yesterday following that Fed meeting. A big intraday reversal, meantime, for crude after dropping more than 3 percent. Oil turning positive in just the last hour, this despite the administration saying 12 million barrels have exited the Strait of Hormuz. Kuwait also said that they could return to full production within about a week or so.

But there are some doubts here, even as the old heroes of the market, they press into the close higher. Yeah, there's not a lot of room for relief on the Iran front at this point, based on how the market has behaved recently. You have the volatility index down, oil so far off the highs, etc. So it really is about, you know, whether we're just going to grab for the same winners again. That's kind of what's going on with the semiconductors, for sure.

Closing Bell Overtime: Markets Search for New Leaders as Big Tech Stalls and Intel Surges 6/18/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Closing Bell Overtime: Markets Search for New Leaders as Big Tech Stalls and Intel Surges 6/18/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.