the recent wall street winning streak at risk of breaking down stock futures right now in the red but piper sandler is not worried. out with a new call this morning on a possible santa rally before the end of the year. a new day, a new way to fight covid-19 as the fda green lights a new remedy that's nearly as effective as a vaccine. the apple brain drain continues as more key executives exit the company's fledgling

self-driving cars project. forget about earnings per share, valuations or full year outlook, ever consider making your next investment decision based on your horoscope? you might not be alone it's thursday, december 9, 2021, and you're watching "worldwide exchange" here on cnbc good morning i'm dominic chu in for brian sullivan today. kicking off your thursday morning with u.s. stock be futures moving to the down side. as you can see right here, the dow implied lower by a modest 63 points at this point, nasdaq down by about 35 and s&p down about 10 handles right now moves to the down side but they're still modest in nature at this poircht in time. this morning's action coming after a muted session on wall street that saw the dow, s&p and nasdaq and the russell 2000

small caps extend their daily win streaks to three that's a huge reversal from last week as the dow is now up 3.5% since monday and on pace to snap a four-week losing streak for the dow. a wild few days for crude as well with wti u.s. benchmark prices $72.19. that's off about .25% right now. this morning as well, checking out what's happening with the bond market the benchmark 10 year is hovering just at 1.5%, the two-year about 67 bases points or .67% as well check out what's going on as well around the global markets you can see here with cryptocurrencies, bitcoin down 3% 49,271 the last trade there. ether down 2%. let's check overseas,

julianna tatelbaum is standing by in london with the latest there. good morning >> good morning. here in europe we're off to a fairly muted start we have been bouncing around the flat line this morning just in the latest 10 minutes or so we have turned slightly more negative but the moves contained. the italian market up about .3% within the market uni credit has seen their shares soar, with an update issuing new profitability markets. the ftse 100 trading a touch below the flat line. last night the news out of the uk government moving to plan b when it comes to covid restrictions, reimposing work from home recommendations and mask mandates for indoor events and covid passes going to be implementing for large venues as

we prepare for the spread of the omicron variant, the uk moving ahead with more restrictions from a sector perspective we have real estate, telecoms, and health care on the upside. retail, insurance and travel and lesure down. so investors preferring to put more money towards the defensive stocks in the market as compared to the cyclical ones >> thank you very much, julianna tatelbaum. let's check the top stories, silvana is here with them now. good morning. >> good morning. trying to compete with tesla, general motors and more with self-driving tech, apple appears to have a long road ahead. the company reportedly losing three more engineers on the project in recent weeks and adding to a series of other executive departures this year the project which has yet to yield any results for the company is seven years old and

has been marred with frequent turnovers. picking meg whitman to be the ambassador to kenya by president biden. she ran back in 2010 as a republican for governor in california but lost to democrat jerry brown and supported mitt romney's run for president in 2008 before she became john mccain's national co-chair in 2012 last year she gave $500,000 to the biden victory fund, a joint fund-raising committee that benefitted the biden campaign and democratic national committee. and kaisa is reportedly restructuring debt after missing a bond payment this week

it is the largest offshore of dead after evergrande. it did not pay a bond that matured on tuesday triggering cross desituation. back to the markets. looking like they may take their foot off the gas pedal following three straight days of gains the s&p 500 is now 1% below its all time intraday high he hit late last month. the index has been unable to break through the 4,700 mark the last month but any close above that threshold would validate a record high breakout craig johnson is the chief market technician for piper sandler. people watch these levels so closely but the all-time highs we've hit, are they then going

to be the benchmark by which you have to gauge whether or not the selloff is now over and done with >> absolutely, dom that's perfect perspective from a technical vantage point. when you start breaking out the new highs, it's going to start to create a new leg higher if you go back and look at the upward trending channel you've been seeing for the s&p 500, moving to the upper end of that channel could easily get you up north of 5,000 on the s&p 500. and dom, i'd add one more thing in, short term you were talking about a rally year end, if we look at the price action on the s&p 500 alone over the past several weeks we got to an oversold condition we had more than 20% of all the stocks in the s&p 500 trading below like a 30 rsi rating historically when we've seen that in the past the market has been higher 1.7% the next month.

so i think we are going to get a santa claus rally into year end, i don't think it's going to stop there and it'll carry on into 2022 >> what's the driving force behind it? for the better part of the year and a half it's been the opening trade, the economically valued, talking airlines, cruise line operators that thing versus big cap, megacap technology. if there's going to be the next leg higher, what do you anticipate it will be? apple and microsoft or companies like caterpillar or say american airlines or norwegian? >> so, dom, i look at charts all day long but i have to back up and realize that earnings do drive stocks at the end of the day what's driving this is the upward trend of earnings revisions not only for 2021 this year but also for 2022 and then when you start drilling

down further and saying where's some of the best relative strength inside of this market, going from where we are in 2021 to where we were in 2020 it was a 180 degree opposite. it was all about tech in 2020, and this year it's all about energy i think, as we move forward into 2022, i suspect your best relative performance in the market is going to come from the energy sector, financials and i think you'll see a rebound in tech, specifically the large tech, the apples of the world, nvidias, microsoft, they're doing great and they're going to continue i think to trend higher here don't forget about alphabet, despite interruptions with their service, the trend on that stock has been fantastic and doesn't look like it's ending soon. >> you watch the charts, pay attention to the fundamentals. i wonder how concerned are you, perhaps others, other experts out there, traders and investors in general, about ongoing

monetary policy concerns, is the fed the biggest variable right now? we heard david solomon say it's going to be fed concerns, monetary policy and fiscal concerns that kind of outweigh everything else in the market with regard to covid >> i think you're spot on correct with that. it's not really about covid right now. the selloff that we had seen, the 5% draw down we had seen was due to a changing in expectations for the fed in terms of their tapering. i think what we have to put this market into an analogy is simply this this is like an airplane taking off. all of last year, coming out of the pandemic was basically full throttle ahead with the fiscal policy, the monetary policy, but now that we've kind of gained altitude in here with the economy we're going to see those sort of engines back off a little bit in here that doesn't mean that the plane is going to lose altitude. you're going to gain altitude and the economy is going to grow you may not have a 5% growth

rate, maybe 3.8 but that's still good the market was really resetting expectations for the high multiple growth stocks out there. going forward into 2022, i think there's a lot of opportunity for the tech names and after the valuation reset, again, i think we're going to start another leg higher and there's so much negativity out there, dom at this point in time it's all about watching the fed and the negativity is too high we're continuing to climb that wall of worry. >> so interesting to see over the course of the last couple of weeks the volatility that apple appeared to be a safety trade at some point we appreciate it, thank you very much craig johnson this morning, big money movers including why shares of rent the runway are facing steep pressure in the market, down about 10% right now. plus perhaps the biggest roll back of the return to office plans yet what lyft is telling its

employees. you heard of elon musk's boring company but what about another tunnelling startup looking to revolutionize america's power grid a busy hour when "worldwide exchange" continues after this break.

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a month toward your internet service and equipment. for even more value, switch to xfinity mobile, and you could pay as little as $15 a month for wireless. click, call, or visit a store to learn more. welcome back to "worldwide exchange." time now for your big money movers your key stock stories of the morning. first up you have game stop. those shares are falling after

the company reported losses widened during the third quarter to $105 million to just under $19 million same time last year. total revenue ticking up during the same time to $1.3 billion. the company said its sales grew as it expanded relationships with brands including samsung, lg and vizio second up you have lucid group, shares are on the decline after they proposed a senior notes offering worth $1.7 billion. it would fund or refinance existing investments and then third, rent the runway. its shares falling after it posted a wider than expected loss during the third quarter, nearly doubling from a year ago to just under $88 million. the results marked the company's first since its i.p.o. back in late october it added active subscribers were up 78% year on year but we main

below pre-pandemic levels. ceo jennifer hyman will have more on those results in an interview later on this morning, 7:45 a.m. eastern time and our fourth stock is rh the shares jumping after the retailer beats on the bottom line the company formerly known as restoration hardware raising its 2022 revenue outlook the shares up about 12% in the premarket trade. still on deck your top trending stories, including applebee's cheesy take on chicken wings and an vinnestment strategy that leaves your 401k's fate up to the stars >> announcer: today's big number, 7.3% that's the personal savings rate in the u.s. as of october, according to data from the

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the live shot at times square, things getting going there, "squawk box" kicks off in 40 minutes or so welcome back to "worldwide

exchange," you likely heard of elon musk's boring company, one that's digging tunnels under cities to help ease traffic congestion, now there's another boring company but this one is looking at ways to shore up and expand america's wired infrastructure everything from power grids to fiber optic cables and lines petra is developing new technology that can more efficiently bore through the hardest of rocks and landscapes on earth at a fraction of the cost of traditional methods and with $130 billion earmarked for power and broad band grid upgrades in the bipartisan infrastructure law, the timing might just be right. joining me is petra cofounder and ceo kim abrams thank you for bringing us this story. i wonder all the things i listed out sound too good to be true. what exactly does petra do and

what kind of technology are we talking about that can dig tunnels so effectively >> thank you so much good morning i'm here to talk about our economy petra and our technology that solving one of the biggest problems in infrastructure today, which is how to bury utilities underground cost-effectively to that end what we've developed is incredible. the first tunnelling robot capable of boring eweing utilit tunnels through the most difficult geology on earth being able to bore utility tunnels through hard work is the first step in burying infrastructure at scale. what we developed is really the first new tunnelling method in generations, and i'm just very excited to launch the company today to tell you about it. >> we're watching video right now, that's what viewers are seeing and for listeners on

siriusxm we're showing you something that looks like a la laser beam/steam -- i don't know what it is what is the technology how do you bore through rock the way we're seeing right out in? >> what we've developed is a noncontact tunnelling robot that excavates 18 to 60 inch diameter tunnels without touching the technology in front of it. it looks like magic. it uses a mixture of heat and high pressure to excavate rock it's a robot it's remotely steered from hundreds of feet away. it uses a mixture of our propr propriet proprietary hardware and software so it's all software defined >> kim, we're showing -- it says noncontact thermal drilling. >> yes >> this is different than the

technology we've come to know as fracking, right? which is how oil and gas companies dig through shale rock formations >> it's different. it represents a new way to excavate rock. i'm very proud to announce that we just completed a 20-foot long, 24-inch diameter demonstration tunnel in the hardest rock on earth, it's harder than blue stone granite it's the type of rock that has to be dynamited to excavate. our team is proud of this accomplishment it means we can service markets that have not been able to be serviced previously. so think under the existing maize of infrastructure in cities in wildfire prone areas like the cascades, rocky mountains we can now service these markets where

they haven't been able to underground before. >> before we let you go, i mentioned in the introduction to you about the timing being right given the infrastructure package passed by congress, how big of a beneficiary could you be in that whole process? >> yeah, let me start by saying that utilities and governments spend hundreds of billions already on utilities biden's bill will be allocating more money to our infrastructure and incentivizing us to make it more resilient we'll see more to improve water, sewage, waste water and power infrastructure as well if we want to really build back better we have to underground much of this infrastructure. it's the only way to make it resilient. >> kim, thank you for bringing us that story. we hope you'll come back and

update us on your progress as well >> thank you so much. let's check the other top headlines this morning fra frances rivera has the latest. >> reporter: a legal showdown this morning, mark meadows is suing speaker nancy pelosi and the january 6th committee investigating the capitol riot it claims lawmakers have no legal authority to demand testimony. he previously agreed to cooperate. the lawsuit came hours after the committee began moving forward with a criminal contempt case against meadows. the list of countries boycotting the olympics is growing, justin trudeau an announced canada will not send diplomats to the game. boris johnson also announced british diplomats would not be attending the games following the u.s. and australia's

announcement earlier this week new zealand said it would not send officials due to covid. a pair of olympians are taking a victory lap after being named athletes of the year, suni lee, the 18-year-old won a silver in the teams gymnastics c competition. and caeleb dressel won five medals, including three in individual races congrats to those athletes as we look ahead to 2022 and the olympic games. >> a big event coming up for sure thank you very much for that. still on deck for the show lyft giving the green light for employees to continue working from home. plans to get them back in the office at least in the short term parked. we'll be right back after this

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markets not looking like they'll make it four in a row with futures suggesting maybe a pullback on tap with the s&p in striking distance of a record high astrazeneca getting the okay for the antibody treatment as boosters are pushed. the ceo of a new jersey hospital lays out what it means in the

fight against the pandemic. and google revealing the top searches for 2021 and one crypto taking the top honor you're watching "worldwide exchange" right here on cnbc welcome back to "worldwide exchange" i'm dominic chu in for brian sullivan this morning. and here's how stock futures are looking as we are halfway through the 5:00 a.m. eastern time hour. dow futures looking lower in the past half hour or so, implied lower by 120 points that's about double the down side move we saw half an hour ago when we started the show s&p down by roughly 17 points. the futures can you see here just in the course of the last half hour have kind of taken that second leg lower through

the overnight session for dow futures. markets in europe are seeing a similar type of move the german dax off by .25. the ftse 100 down by .2% meanwhile outperformance, a speck of grains for the ftse italy. another company extending the work from home policy. >> maybe good news for them. lyft is reportedly telling employees they don't need to return to offices until at least 2023 at the earliest this according to bloomburgerg the financial times. they'll keep the plans to reopen offices in february for those willing and able to come back in place. reports add that lyft doesn't plan to go fully remote indefinitely as others have decided to do so turning to washington.

the senate voting to overturn president biden's covid vaccine and testing mandates for companies with over 100 employees. joe manchin and jon tester joining with all 50 republicans. despite the repeal, the measure likely won't become law due to slim chances of it passes the house and president biden vetoing the bill if it becomes congress and the fda giving emergency use to astrazeneca's antibody treatment. a large clinical trial for the cocktail showed a roughly 83% effectiveness at preventing the virus, it's unclear how the omicron variant might effect efficacy. >> still a lot of unknowns about omicron. >> exactly that astrazeneca news coming on the heels of news from pfizer yesterday which said that a

third dose of its vaccine is effective at fighting the omicron variant. however the ceo adds a fourth dose of the vaccine may be needed sooner than expected. this as cases are rising across the u.s. as the omicron variant has been detected in at least now 21 states, while the delta variant is impacting hospitals still as well. let's bring in the president and ceo of university hospitals newark doctor, thank you for joining us i wonder if we talk about the issues around omicron, should we be as fearful right now about omicron as we were about previous variants, including delta? >> thanks so much for having me. there's definitely still cause for concern, although recent news in the last couple of days have made us a little bit more optimistic reasons why to be concerned first. we have a virus spreading extremely fast throughout south

africa and now europe and we don't know the extend of spread in the united states we know it's in 17 states and the list keeps growing. if you have a virus that's less severe, it may end up still impacting hospital capacity when more vulnerable older people get it the first case of covid was early january 2020, the first death wasn't documented until late february of 2020. so we have to -- across the world not the united states. so this is really important. we don't know exactly what the relative impact will be of severity versus spread however it's encouraging yesterday that pfizer showed us three doses of their vaccine does multiply antibodies that are specific to omicron so that leads us to believe we should boost and it may be less severe than previous variants. so it's about a balance of the factors. >> the caveats, let's stipulate.

it's early on, we all know there's not a lot of data information available on omicron but the indications are right now they're possibly less severe you mentioned hospital capacity. is there really a threat that we could be overrun hospital wise, even though there's a large segment of the population vaccinated despite the concern about those who are unvaccinated >> the probability of that is still low, especially in areas that are highly vaccinated like new york metro area, new jersey where we are however, it's really impossible to rule it out at this point because we just don't know the propensity of the virus to spread remember that the spread of the virus is the number one indicator on whether you'll have hospital admissions and whether you'll have deaths without knowing how the virus impacts older, more frail folks, especially in nursing homes we don't know what it will do to

hospital capacity. however, we are better now than 2020 we have a more immunized population at baseline to covid-19 viruses, all of which should help. >> again, there's also a feeling out there and maybe some evidence to support it as well, that the covid is going to be something that we deal with or have to live with, so to speak on a more common basis, like the cold or flu, is that going to be something where i get a shot every year because i want to keep the flu at bay, like i want to keep covid at bay >> that may well be the case that's how pandemics and epidemics have ended almost universally in the past. you get a virus that ends up being less severe, may spread through communities and populations, but with the advent of vaccine, which we have, and therapeutics we learn to live with it. it will cause some morbidity

every year but wouldn't fill our hospitals and be cause for public health emergencies on a sustainable basis. the idea is we can control it and we have the tools as a health care system to deal with it >> doctor, thank you very much we appreciate it, sir. >> thank you coming up on the show, the big apple's rental market continuing to bounce back in a very big way the signals new new york's real estate picture may be sending about the broader economic recovery, if if erthe are any signals about such a thing, when "worldwide exchange" returns after this

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there might be some apartments for rent right there in new york city as you're looking at the skyline as the light tries to come over in the next hour or so. so rental prices in new york city are continuing to surge, bouncing back, and by some metrics actually surpassing pre-pandemic levels if you can believe that according to the most recent report, the net effective rent in manhattan rose 16.7% year on year in november that's the second straight month by the way that median rents have risen at a record annual rate joining us for a look at the data and rental market is scott

durkin, the ceo of douglas elman. i want to say in hindsight it was so easy to call it, but even back then you had to figure that manhattan real estate was going to bounce back are you surprised at all at how quickly it's done so >> i think we are surprised, but then again, when you look at the numbers, last year at this time we had over 75,000 rentals, and i believe today it's just shy of 31,000 so that's a lot in one year. so yes, we're in many ways shocked and then we've been too busy to even think about it. >> so if that's the case, what exactly then is driving it, if we've still got so many fears about being in urban settings, return-to-work plans being shelved by a number of different companies in other parts of the country, is there anything that's serving to cooloff that

rental market in any way, shape or form, scott >> i think we've seen the job market come back with a big force. and people are now getting more money. so they're able to spend more on rent so we didn't expect that to happen so we've seen, on the higher end the two bedroom and larger get absorbed, people are back, making more in their salary so they're able to afford more in rent the new job market and the new way of having a job is working partly at home and partly in the office so the new work-home life balance has changed things. we saw the studio market was suffering, they were able to spend more and needed the extra bedroom for the office >> new york is a very -- you know, every real estate market is unique, every location is

unique in its own way, but how much can you extrapolate what you're seeing in the rental market to other parts of the country, if at all what does it tell you about the economic narrative that's being woven through america right now? >> i think if you're peeling back the onion, you're noticing that the rental market is so strong because we have a severe inventory shortage across all of the markets we serve at douglas elliman. so we're seeing that the inventory shortage has pushed up the need for rentals and in many cases, the luxury rental, so anything north of 10 or $15,000 has increased almost 30%. some people are taking these sight unseen in our luxury markets. >> is there a fear, scott, that new york was already a place that was tough to afford to live in -- is there a fear that this just really exacerbates that

situation and forces a lot of folks maybe out of the urban setting? >> i don't think it's a fear because remember, salaries have gone up considerably, so that's allowed people to not feel the pinch and feel the extra rent. i don't think it's a bad effect. so i think we're seeing that new york is still cheaper to live in than san francisco and in some cases los angeles. so it really -- it hasn't -- it's not going to -- there's no ripple effect here on what we're seeing in new york >> all right scott durkin, thank you very much for the insights. we appreciate it, sir. >> thank you. now to this morning's top trending stories which include global search trends using star signs to influence money habits and very messy chicken wings silvana is here with those now i can't wait to hear about these. >> starting with google, it has released the top trends in search for the year.

some of the highlights tiktok pasta and dogecoin and elon musk's son how to pronounce top searches amc and dogecoin and if you're looking for a way to make your wings measssier you're in luck because applebee's has a new menu with cheetos. applebee's saying the promotion is a way to get younger customers in the stores and get more attention on the virtual wings brand. and lending tree releasing new data on how horoscopes impact financial decisions. almost 20% of americans have made a financial decisions based on their horoscope

millennials were the most likely generation to do so, followed by gen z. c capricorns are the best with money and geminis are the worst. >> i don't know what to make of this i fall into one of those categories and don't believe i'm indicative of one of those things have you done it, made a financial decision -- >> no. >> -- or something based on what you saw in the horoscope >> absolutely not. >> there are times it has influenced maybe some of my decision making process but it's not like it tells me to do this, invest in the stock or whatever it is, and do it do you still read your horoscope. >> the last time i did it was in the summer sometimes it makes me anxious, i don't know what it's going to stay, so i stay away from it.

>> my early days i used to look at the new york daily news horoscope. >> yes, i remember that in the morning you used to read them. >> it was a fun way to get my voice going in the morning thank you very much for that. >> you got it. on deck for the show, the markets taking a break from the gains. and why it may be too soon to say the christmas rally is back and jim cramer is hosting a special event for the cnbc investing club he's going to share his outlook for 2022 and answer member questions. that's happening today at 12:30 p.m. eastern time. you can go to cnbc.com/investing club/live to take part or scan the code on your screen. we'll be right back.

welcome back let's give this conversation back to the markets and dive into the big trends we are seeing for the better part of 2021, or at least a good portion of it, you saw small cap stocks outperform some of the mega cap technology names we 'come to know and be familiar with. the russell 2000 etf is the orange line. you can see here the first half plus of this year the orange line has been above the white line, which is the qqq trust that tracks the nasdaq 100 the big stocks in there. just inside the late summer the white line has started to outperform and has gotten marketedly more so here in the last couple of months. is that a trend that plays out is mega cap technology back again? let's turn to what's driving the trade, apple, microsoft, alphabet you can see the last three months apple and microsoft specifically have been massive movers in this particular trade.

a lot of folks going into those names, some for different reasons some as a possible safety trade and others saying it's been a thing that worked in the last decade plus so watch those mega cap tech names. morgan stanley is naming apple a top pick for next year margins compress and eps revisions peek, it prefers stock with more recuring revenue and apple being the pick based on the most recent share count, apple will hit a possible, hypothetical, $3 trillion valuation when the stock price hits around $182.68 or so. that's going to be a level to watch. the broader market story as well with lindsey bell, from ally invest, also a cnbc

contributor. i have to know, i have to find out whether or not you think the large cap tech trade, which has worked pretty much since the depths of the great financial crisis is the one that keeps working in the next five to ten years? >> you know, i think at least near term maybe a little shorter than five to ten years, it probably has some legs for the exact reasons that the morgan stanley analysts outline there they're high quality names, recurring revenue. we know what's coming down the pipeline with these guys they're less risky i think having a basket of these makes a lot of sense over the next several years especially as we go through a period where the economic environment is normalizing, fed policy is normalizing. there's going to be less stimulus all those things really do bode well for that type of trade. >> does this mean that finally after about 11 years i guess or so now that bonds are going to

underperform is that what this is indicating right now? this whole market? >> yeah. i mean, i think when you look at what the next year brings for us, i think you've got a better opportunity with equities, actually i know the market is very, very nervous about the fed liftoff moving from a very easy monetary policy to becoming more hawkish. but the reality is, when you look at what the market is pricing in, the market is pricing in that interest rates top out at 1.5%. the fed funds rate, i should say. top out at 1.5%. that's a low rate by historical standards that's compared to 2.5% peak in the prior fed tightening cycle we're getting lower on interest rates and because of that, while they're rising, they're going to remain low which bodes well for equities, so i think they continue to do well on the years ahead even if growth does slow

in 2022 and 2023 >> we have talked about the notion that it's a two-pronged kind of threat, right, it was the omicron economic threat and then it was the threat of rising interest rates that added the market volatility. in your mind is that over? are we now done with those fears and can we become more constructive on the markets overall? >> well, i think we're moving past the omicron fear, right we feel like we've got a better grip on what the economic impact of that is going to be we have ways to combat the virus coming out and hopefully moving past this health care in the new year. you think inflation is still on investors' minds and we'll get another reading on that tomorrow with the cpi that is really driving what fed policy is going to do in the near term. and investors are still uncertain what chair powell's shift to becoming more hawkish with his tone is really going to

mean from an action and policy perspective. we know the tapering is going to happen a little faster but when does liftoff take. i would say what you need to focus on is the speed at which interest rates increase, not necessarily when kickoff happens. it's likely going to happen next year, but if it happens in a measured and steady tone, the market can continue to do well in fact, we look back at history six months prior to fed liftoff and six months after, the market does well. on average a 9.3% increase in the s&p 500 over those periods >> lindsey, you work for ally invest, probably one of the most well known consumer banks out there, you're the chief money strategist i have to call your attention to the story it strikes me. we told people that almost 20% of americans have made a financial decision based on your horoscope. if you look at that, do you fear -- do you make decisions based on your horoscope?

i'm just curious, you're the person who would kind of guide us one way or the other, right >> i don't know. but i'm going to give you my thoughts i'm not really surprised to see that people are looking to horoscope for money advice it's unsettling to me personally given i work in the field. but i'm not surprised given how curious people have become about investing, their money they want to be more pro active taking control of their aspect of their life. i haven't personally made any money decisions based on my horoscope, i enjoy reading horoscopes i think they're fun i wouldn't recommend anyone make money decisions about the horoscope. they're more likely to make positive decisions like saving and less likely to make bigger decisions like investing or career changes off of their horoscope, so that was a positive, i guess.

>> it's nice to have your thoughts on whether to use horoscope more or less proactively in our financial decisions. great to talk to you, thanks for your thoughts. that does it for us on "worldwide exchange. the markets right now showing some signs of decline. we'll see if that keeps up, "squawk box" picks up the market coverage coming up next. at vanguard, you're more than just an investor, you're an owner with access to financial advice, tools and a personalized plan that helps you build a future for those you love. vanguard. become an owner. want to save on your home internet? xfinity is proud to support the emergency broadband benefit program. for a limited time, you may be eligible to qualify for a credit of up to $50 a month toward your internet service

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good morning, stock futures set for a pullback after three days of gains. we'll show you what's moving right now, yesterday after it was all said and done, not too much but hey how about monday and tuesday. apple getting a reprieve for changes to the app store we've been talking about it for weeks now. the company is less than $10 away, though, from a $3 trillion market cap

we'll talk to dan ives on this plus starbucks workers in buffalo, new york will find out today if they'll become the first of the company's coffee shops to unionize. it's thursday, december 9, 2021, and "squawk box" begins right now. good morning, everybody. welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew ross sorkin. and yeah, three days in a row of gains. it wasn't just the dow, s&p and nasdaq you had the nasdaq 100 and the russell 2000 looking at the gains. it was the tech sector that led yesterday. that sector hitting a record close. but so did real estate but you see a pullback this morning.

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