CNBC Business News Update - Market Close: Stocks Mixed, Disappointing Consumer Confidence Report, Investors Brace For Nvidia Results On Wednesday 2/25/25

Episode Date: February 25, 2025

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored by CNBC's Jessica Ettinger.

I'm Jessica Ebinger CNBC. Wall Street opens Wednesday morning after a crummy consumer confidence report and a mixed day for the markets. The Dow in the green up 159 points, three tenths of a percent led higher by shares of Walmart, which popped 4%. The S&P 500 index on a four day losing streak down 28 points a half percent. The Nasdaq plunged 260 points. That was 1.3 percent. Nvidia shares were down 2.8 percent. February consumer confidence came in worse than expected.

The latest sign of a slowing U.S. economy headline confidence coming in at 98.3. We're expecting a number over 102. That's February from the conference board, significantly lower, and it is the lightest level going back to June of last year. CNBC's Rick Santelli. While Tesla CEO Elon Musk is busy in Washington, his carmaker has fallen out

of the trillion dollar market cap club. Tesla lost a third of its value since its record close on December 17th. And Trump Media had its worst day Tuesday in nearly a month. The companies lost 40 percent of its value since Donald Trump took office. Investors bracing for NVIDIA's quarterly results coming after the closing bell on Wednesday. NVIDIA shares are down more than 5% so far for the year, but they're still up 60% over the past 12 months. Ritholtz-Welz, Josh Brown, tells CNBC,

whatever happens with its results, it could move the markets. If you think about how monumental this stock is in terms of its size in the S&P, its size in the NASDAQ, how meaningful its commentary is for the share prices of the next 50 largest companies. It's definitely a big event. Some would call it a potentially market clearing event.

I would just say, if you can't withstand a 10 to 15% drawdown from today because there's an adverse reaction, you can do something about it right now. Ritholtz-Weil's Josh Brown on CNBC. The people of Montana will hurt the worst because of the Trump tariff agenda. 94% of all imports into that state come from China, Canada, and Mexico. A CNBC analysis of states and their imports found that New Mexico is second, Vermont is third. You can see the full story at CNBC.com. Disney is testing dynamic pricing in Paris.

It could bring this to Disneyland and Disney World in the U.S. this year. Taking a page out of the airline and hotel pricing playbook, you never know what the other guy paid. There is no actual price of a ticket to get in the park. You log on, you click buy a ticket, and for the next 60 minutes your price is locked whether you're buying it for tomorrow or six months out. Lightshed's Rich Greenfield on CNBC. You come back in an hour, that price could be different. It's all based on supply and demand.

It gives Disney obviously a lot of flexibility for the consumer. You don't see the price increases the same way. Disney's on this annual cycle where we all talk about, oh, the price of the parks is going up by blank. McDonald's marking the Egg McMuffin's 50th birthday with Egg McMuffin Day this Sunday through the app. You can get an Egg McMuffin sandwich for a dollar. On Wednesday's watch list,

we mentioned Nvidia with results after the closing bell along with Anheuser-Busch parent AB InBev, Lowe's, TJ Maxx and Marshall's parent TJX companies and Salesforce.com. We get newly built home sales numbers for January. Amazon relaunching Alexa with AI. Jessica Edinger CNBC.