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agree with andy williams, it's the most wonderful time of the year. take a look at midtown manhattan looking towards central park at the fox christmas tree at headquarters, absolutely beautiful. good morning. i'm ashley webster in today for stuart varney, 10:00 eastern this boxing day. we are down across the board, nothing too drastic, the dow, s&p and nasdaq down from 0.221.3% but there are no more losers than gainers, the us treasury yield on the 10 year is up, 4.63%, it is up for. 60 basis points, a headwind for the equities. let's look at the price of oil, that's up $0.32, $70.32 a

barrel and bitcoin has been looking like it was going to try to get back to one hundred thousand, down 30 one hundred dollars and 95,324. there you go. that's the market. a little down at this stage. now this. toyota has become the latest company to donate to donald trump's inaugural thunder, giving one million dollars and it comes after trump's proposed 25% tariffs on mexico and canada would leave a big impact on the auto industry. funny how this works. jason, great to see you this morning, why are all these companies coming out to donate, trampling over each other to donate money? >> some are doing it out of the goodness of their heart and know it is good to be in a good place with the new president but others what i call the jackass tax, the people the need to catch up, they've been out donating to the other party or doing some work things or

being an affront to the president. it happens all the time. people that have donated to your opponent and that person loses they got to make it up into play that game so it's a great event, america is watching from coast-to-coast and a good thing to be associated with. ashley: i don't know hundred feel differently this time, maybe trump is maurice terrain and, i don't, maybe. that doesn't seem to be the vitriol and angst as much is there as there was the first time around. >> not only did kamala harris lose and lose bad but president biden has been basically missing in action and donald trump has been very presidential. he's doing things like he went to the army/navy game. president biden never went to the army/navy game ever.

there are things donald trump is doing that president biden can't do, doesn't do, never did do and i think there's a surge of patriotism in this country that we haven't felt in a long time because donald trump actually loves this country. he loved the flag. he wants us to succeed and we haven't felt like that in a while under president biden. ashley: look at this headline, it reads biden to leave white house with little fanfare. trump has been taking up the news cycle, overshadowing biden who has 25 days left in office but is just fading into the distance. >> the latest thing joe biden did to usher in christmas, he commuted the sentence, death penalty sentences of people who were out murdering other people. that was his christmas gift to

america. he physically doesn't have the capability, not much of an or rater. you wonder if he can walk from point a to point b, he spent too much time away from the white house and i think people changed, turned the page and his vice president is being paid by the taxpayers but can you name a think she's done since the election, she is still supposedly working and the two of them i think, january 20th can't come soon enough. ashley: working, a good question to figure out what she's going to do next. i saw suggestions the governor of california, seriously if that ever happens. >> i don't know. california is a weird place they tend to, gavin newsom is on his 20th anniversary of his

plan to tackle homelessness. it hasn't worked out for gavin newsom. those policies aren't working for him. ashley: at least we can laugh at it. thanks for joining us. now this. mike dunn leavy revealing what he wants trump to do on day one, something to do with energy sector. madison:he is asking to end gas drilling restrictions looking for a state specific executive order that would open oil and gas exploration in the arctic national wildlife refuge and wants to reverse restrictions on lobbying and roadbuilding in certain areas. he sent this letter to the president elect saying alaska stands ready to work with you to repair this damage wrought by the previous administration

and set alaska and america on a course to prosperity so the reason this is happening is federal policies change between administrations. biden has opposed drilling in the arctic national wildlife refuge canceling leases that were issued under trump so essentially done leavy wants trump to drill baby drill. ashley: that is what donald trump promised to do. back to these markets. we are lower across the board and coming back a little bit, only down 0. 3 across-the-board. very much in the early going. gary, great to see you and have you with us. big tech, we talk about it every day, led the markets to new highs, question is does that continue into the new year? >> it had better and that is where i parked my caucus for quite a while and i say better

because right now these are stark numbers. of the nasdaq 100 only ten stocks are 50% of that index, take out costco and it is 953 and on the s&p 8 stocks all big tech, 36% of the s&p so they've taken over the indices and under the surface i can tell you right now there are a lot of bearish bear markets going on whether it is homebuilders or commodities or everything healthcare. a lot is coming out of a bunch of areas into this one area big tech and let's hope it continues or the indices will come in. ashley: i want to talk to you about the treasury yield that keeps rising, 4. 63%. at some point here, god forbid

the fed forgot to raise rates and what would that do to the market? >> a big secret, since the fed has taken rate on 5.4 and 4.4, the 10 year yield is from 3-6 to four. 6, the real market, one man pushing buttons, and saying something else. and interest rates not the fed but the real interest rates keep going higher if they break the 5% mark, when inflation started to pick up, they stated 0% when the free market kept going higher they were forced to make a move and that hurt

the markets, watching very closely and today we walk in after the holiday and the 10 year yield is up again. ashley: are you bullish going into the new year or more cautious? >> i'm very bullish on a sliver of a market in tech and big tech. there are other things going on. all -- robo talks -- taxi stocks but a slew of areas i am good at reading the down trend. there's a ton of stuff in downtrends and until that changes i'm ignoring them. i'm staying with the uptrends and i hope it continues. ashley: we hear you loud and clear. thank you for joining us today. with that said, same to you.

slipping below 96,000 level. down $3100. that is taking its toll, micro strategy, the largest corporate holder of bitcoin, and take a look at target rising this morning. the company projecting lackluster sales numbers but an ounce clearance sale, with lower prices and the last dollar out. coming up, donald trump's fight with panama continues as he names miami-dade county commissioner as ambassador to the nation. more on that, the owner of in and out burger chain explains why she close the oakland location.

>> violence, fights, you name it. gunshots went through the store. ashley: other than that it was great. how mass is refusing to hand over a list of hostages in a potential deal with israel. are the talks falling apart? we get into that next. (♪) (♪) what took you so long? i'm sorry, there was a long line at the thai place.

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it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great! why would i ever leave this? -aw! we will do anything to get him gaming again. you and kevin need to fix this internet situation.

heard my name! i swear to god, kevin! -we told you to wait in the car. everyone in my old squad has xfinity. less lag, better gaming! i'm gonna need to charge you for three people. ashley: 45 minutes into the first session we remade in the red and it is muted, nasdaq close to half of 1% but smaller losses for the dow and s&p.

is real and how mass are working towards a cease-fire as donald trump prepares to retake the white house. trillion joins us from tel aviv. what is the latest on the negotiations? >> israel and hamas and efforts reach a cease-fire agreement and bring israeli hostages home. reports indicate both sides accusing the other of changing positions and adding conditions as it relates to the physicians being by the egyptians. they are saying this. >> at the heart of the arab cause was the palestinian cause. and qatar to reach an agreement.

>> reporter: breaking news, israel is taking credit for a series of strikes on houthi linked posed additions on the yemeni capital. the houthi terrorist regime, and uav, on israeli territory, the strikes today targeting the main airport in the capital but a number of facilities around this population center, stepping up strikes against the houthi is following a series of ballistic missile and drone attacks, prime minister benjamin netanyahu about the situation. >> translator: the houthis will learn what hezbollah and assad's regime did.

even if it takes time, the lesson we learned across the middle east. >> reporter: in the skies of yemen we understand who the leader was speaking about the situation on the ground continuing to threaten israel. we expect the war of attrition between the israelis and houthis to continue in the region. ashley: thank you for the latest. foreign policy advisor to donald trump joins me now. and there will be hell to pay, if they are not released in 25 days. how do you see this playing out? >> i see how mass as long as it possibly can when donald trump takes office. and even beyond but they knows this is all they have left.

your colleagues mentioned the war of attrition between israel and the houthis. there's been a war of attrition between israel and hamas. israel and hezbollah early on in this war talked about a number of times on air. i said israel was are 2 or 3 front war. many said it is about 7 fronts and israel is winning, what does hamas have left to use people, innocent individuals many who are suffering as ponds to hold on to what little it has left. i don't see this ending immediately but it shows the level and degree of weakness of hamas and the way that israel has prevailed in this war of attrition. it is very sad but despite all that there has been progress, there's an understanding that

those most vulnerable will be prioritized moving out of the state of being a hostage. there's understanding that israel will pre-position forces for any cease-fire. we are seeing hamas in its weakest position in the course of this war. ashley: the kremlin rejecting truths in ukraine, a path to nowhere, we know trump wants to end the war, how can he do that >> reporter: one of his advisors, general keith kellogg reemphasized the fact he wants this war to end, he wants the

peace deal in russia will participate aggressively in such negotiations, this is reassuring get, statements from national security team, including pete hegseth if you look at his record, the things he has said, this is judicious use of american power and that is what will see with donald trump. and the judicious use of american power, not the way the biden administration has allowed zelenskyy to use us supplied weapons, that's not going to be the donald trump approach. i think we will see negotiations much faster, with better impact in a number of weeks under donald trump. this is ending this war is a top priority for the incoming administration in washington.

ashley: i hope you are right, thank you for joining us in sharing your expertise, much appreciated. donald trump just named his pick for ambassador to panama. what can you tell me about kevin marino cabrera? >> reporter: trump has plans for the panama canal. the president-elect named kevin marino cabrera as the ambassador to panama. in a true social post, he made the announcement that kevin is a fierce fighter for the america first principles, few understand let american politics as well as kevin. he will do it fantastic job representing our nation's interest in panama. cabrera is miami-dade county commissioner and a steadfast trump loyalist, and the most recent campaign, to be confirmed by the senate but if he is approved he could help trump with his threats to take back the panama canal. trump has been saying the us

puts billions of dollars in for repairs and america is being clipped off by panama. trump takes issue with china's influence over the car now, china has been trying to expand their hold by creating crucial things in infrastructure for that pathway, infrastructure projects including a convention center. that is one of the areas trump is focused on. ashley: the chinese influence is critical. coming up, trump wants to start a draft wayne gretzky movement, that he should run for governor of canada. bill marr ranchs about the left's in tolerance. >> the worst thing you could ever do is be friends with a republican, call 911. this is what i hate about the left. ashley: can't have a republican

as a friend, majority of democrats and independents are stressed out by seeing family and friends during the holidays. that is next.

ashley: markets moving modestly low were, we are slightly lower, down 0.2%, many more hours to go with trading. and total retail sales rose 3. 8% between november 1st to december 24th on christmas eve, online spending 6. 7%, in-store sales up 2. 9, the last five days of shopping this year accounted for 10% of all holiday spending, nothing like the last minute. president-elect donald trump taking a victory lap to

celebrate his gains with young voters with support for 18 to 29-year-olds. karine, why younger generations of americans returning, return to christian values. >> not that they are necessarily returning, a drop in religiosity in the country. religion was important for them, it's around 40%, 45% and a coherent movement and in my lifetime this is the first time i've seen the right talking to voters, the organization of this election harness the youth vote and give a voice to young americans with traditional values. you saw that in a big way and

donald trump's speech, and first-time giving to those congressional values in a youth way. ashley: bill marr slamming the left calling it intolerant for cutting ties with family members after election results. >> i remember them hugging nick sandman saying no -- so what? we see it as a trade way back when. a guy who crossed lines politically, the worst a man could do is be friends with a republican. call 911. this is what i hate about the left, the idea that cut your family for thanksgiving if they voted for the wrong guy.

ashley: we know how he thinks, new polling shows 60 one% of democrats find spending time with family and friends around the holidays makes them more stressed. what does this say about those who are left-leaning in their politics? 0-tolerance, supposed to be free-speech but only free if you agree with them. >> the left has sold this live to a lot of people who buy into this, to believe their ideology, to vote along party line is to be a good person and people feel this moral imperative to keep the party line, support these viewpoints, we you can have different viewpoints, you can vote on those viewpoints, have the freedom to voice those ideas and this is something americans have to deal with going forward going into another trump presidency. the majority of americans voted

for donald trump. i talk to people on the campaign trail mostly covering trump voters and at the same day, people are voting for what they see as the best choice for their families and communities. you can disagree with that choice and respect the fact that americans are doing what is best for them, anyone can respect that. ashley: how was your holiday meal? politics free? did everyone get along okay? >> never quite politics free. a lot of disagreement but a lot of respect and that is what counts. ashley: as long as you can do that it is okay to have opposing opinions. when you get to the point you are cutting our friends and family and never speaking to them that is ridiculous. >> as long as everyone likes my turkey. ashley: i think we can agree on that. thanks for taking time out to chat with us. ashley: thank you.

but the turkey is great. donald trump floating an nhl legend to replace justin trudeau as canada's prime minister. who is it? >> reporter: it is wayne gretzky. trump has an idea for the retired nhl legend should be doing extended is running for prime minister of canada. in a truth postal post he made the suggestion to the hockey great saying, quote, he had no interest to but i think the people of canada should start a draft wayne gretzky movement, would be so much fun to watch. gretzky was seen at mar-a-lago wearing a make america great again, supposedly no interest in the position. trump is floating this idea amid turmoil for the current pm, justin trudeau who has faced pressure to step down. trump has been trolling justin trudeau saying canada should be the 51st state of the us and if

they did people's taxes would go lower. it is fascinating to follow the great one without any doubt. i don't see him getting into the rough-and-tumble world of politics. still ahead, therapy techniques, cancel christmas and cut off pro trump family, we have ridiculous tips from liberal pundits for surviving the holidays after donald trump's big win. tammy bruce fired up about that. dave portnoy saved a pizzeria from going out of business. >> they continue to stay open, 160,000. it is done. hey. ashley: this is a christmas story and we have the full details next.

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ashley: let's keep an eye on these markets, the dow on the dow and the nasdaq, it is higher monday and tuesday. the fire department in minnesota makes a yearly social media video re-creating iconic scenes from classic holiday films. it is very good, which movie did they do this year? >> reporter: it is called a station story. they re-created one of the best and most famous christmas movie scenes of all time.

i'm talking about the triple dog dare where he sticks his tongue to a flagpole. >> just do it. >> all right, all right. >> spine stiffened, his lips curled in a defiant sneer. there was no going back now. >> reporter: the station has been making best of holiday videos for the last four years including this one from last year making an iconic christmas vacation seen. these guys could be actors. they are incredible honestly, it is very funny. ashley: they have talent. very well done. classic stuff as well. now this. operation anchor is on a mission to help hurricane helenthe victims who are spending the holiday season without a home.

how many homes were lost in that area? >> reporter: 27 homes were washed away in the flooding and tragically a young couple lost their lives but they are working to honor their legacy over the holiday season. they are making it a priority. >> a lot of their families have been there for 100 years. so it is a time in that community. it affects everybody. >> reporter: this is the home where steve and ely live with her three children. the kids were not home when hurricane helenhe hit and they survive. rebuilding this home is their mission. organizer telus of 1400 square-foot home cost $32,000 for just the foundation and the supplies are being donated.

the heart of the project is manual labor done 100% by volunteers. whether they are experienced in construction or not. once the home is completed will become a safe haven where families can live who lost their own homes. >> of this happened in my house, i don't know how many families in the country could rebuild, and they are getting absolutely nothing. >> they are left by big mortgages since they didn't have flood insurance. >> we got supplies and figure out how to keep repairs. we can repair the house. they will keep going? >> reporter: it will take three to four years to get the community back on its feet, they are looking to sponsor

these families, and they can connect you. ashley: thank you very much. now this. struggling veteran owned baltimore pizzeria is going to close permanently until a friend of the show, and give us and the baltimore pizza shop. he would stop barbara one of the reviews he was known for. it was a positive portnoy review. >> no way this place will go out of business. it needs to stay open for a year. and continue to stay open if we had 60,000. it is unbelievable.

charles: they were set to close before the end of this year and had to rate the pizza place, gave it 7.9 which is pretty good when it comes to pizza reviews. because of all the publicity from this they had a line out the door christmas eve because it was so well received. great news going into 2025 for this pizza shop. ashley: absolutely love it and portnoy can be gruff. he does such great things. thank you. notre dame cathedral in paris celebrated its first christmas eve mass since the devastating fire in 2019. i would imagine this was a hot ticket in town. >> reporter: it was, thousands of people came, the first christmas eve mass since the

devastating fires that destroyed large part of the cathedral in 2019, thousands of worshipers came on this special day, there were four masses held, the afternoon mass sought to thousand people. saw 2000 people. some traveled to paris just to attend this special service, notre dame only reopened on december 7th and this is for those who don't know, a very old cathedral constructed between the 12th and 14th centuries and it is open again just in time for christmas. david: ashley: another great story. moving forward. donald trump says he will order the justice department to pursue the death penalty after biden granted clemency to death row inmates. thieves were baffled by new laws that make shoplifting a felony.

>> ashley: you break the law, there are consequences. may come to a shock to some thieves out west. leo terrell is all over that next.

ashley: trading volumes pretty light on this holiday week but the trading we had the day after christmas has been slightly lower. the dow and s&p down 0.2%, nothing too drastic. now this story. earlier this year oakland, california's in and out burger location closed its doors because of crime. in and out owner and president lindsay snyder is speaking out about it. >> reporter: despite this location making a profit and doing well, the violence and crime is too much to stay open.

>> there is a lot, gunshots went through the door. >> it was down before. >> for the safety of the associates, i felt this was not okay. >> it was a tough decision to make. and and in the company's 75 year history, permanently close one of the restaurants and as i mentioned at the top, this location was busy and profitable. you keep those locations open. if it was too high it doesn't make sense to stay open.

all employees offer jobs and other locations, really saying something and is a profitable location that's closing down. ashley: that tells you the state of affairs, now this, and accused shoplifter was stunned to learn she could be charged with a felony. watch. >> still don't get it. ashley: it is fascinating and alarming, leo terrell, i know you are fired up. is california cracking down on crime? >> in orange county, the video

piece in oakland, depends on enforcement by the prosecution and that is lucky. you get an uneven result. prop 36 is a game-winner. because it will now turn these criminal cases, they will now be felons and be locked up. it depends where you are, and the prosecution. ashley: president biden commuting the death sentences of 37 federal inmates on death row. donald trump took to truth social tuesday as soon as i'm inaugurated, the justice department to vigorously pursue the death penalty to protect american families and children from wild rapists, murderers and monsters. we will be a nation of law and order again. what were your thoughts on

biden's death row commutations. it took everyone by surprise. >> joe biden didn't, he signed the paper, who love criminals. that decision to commute 37 murderers who had a fair trial, and ordered death penalty as ridiculous and horrendous during the holiday season. he's going to have law and order effective january 2025. when he commits 37 murderers and allows the other three because of various reasons, hate crimes, to allow them to escape his commutation. why these three, those who are commuted, trump is going to expand the death penalty rules.

i hope congress supports that and it will have a positive effect on other states you have death penalty laws. ashley: do you feel a sense of optimism with the trump administration coming in? i do. >> let me think about that. yes. yes. people are ecstatic. i'm not making this up. people on the street are telling me i am so happy. you can feel the change in the air, trump 2025. ashley: leo terrell, always a great guest. thank you for being here. happy holidays to you. still had lots more to talk about, tammy bruce on tips from liberal pundits for surviving holiday with trump voting family members. kurt volcker on putin rejecting trump's call for ukraine truths. mitch rochelle on the 20 million homes that could be

available as older americans downsize but not where young people want to move. gavin newsom's team considering ways to help illegal migrants dodge deportations. the 11:00 am hour of "varney and company" is next. ♪

to go further, you need to be ready for what's down the road. as energy demand continues to rise, we're harnessing breakthrough innovations to increase production in the u.s. gulf of mexico. our latest deepwater development, anchor, produces previously inaccessible oil and natural gas, allowing us to deliver the energy we all need today so everyone can follow their own road. that's energy in progress.