Closing Bell
Closing Bell 5/16/25
May 16, 2025
Jeremy Siegel, a Wharton finance professor and chief economist at WisdomTree, shares his market expertise, focusing on the trend of optimism in the financial sector. Christina Partsinevelos, a CNBC correspondent, breaks down the latest market movers and economic indicators. They discuss the impact of rising interest rates, tariffs on consumer confidence, and the resilience of tech stocks, particularly in the semiconductor industry. The duo also analyzes Apple's production challenges and future market opportunities as they navigate shifting dynamics.
42:56
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Quick takeaways
- The Fidelity app's zero account fees and low investment minimum of $1 democratize access to investing for novice users.
- Despite uncertainties in trade policies and inflation concerns, the stock market shows resilience, signaling long-term growth potential driven by optimism.
Deep dives
Cost and Accessibility of Investing
Investing with the Fidelity app offers a low barrier to entry, allowing users to start with as little as $1 without incurring account fees or trade commissions on U.S. stocks and ETFs. This cost structure makes investing accessible to a wider audience, encouraging individuals who may have previously hesitated due to high fees. The absence of account fees is specifically applicable to retail brokerage accounts, enhancing appeal for novice investors. However, it's essential for users to remain aware of potential risks associated with investing, including the possibility of losing funds.
