like having too two strong political parties and the whyed in the country >> leadership is not partying up in ghana as mayor of los angeles while city is on fire and not blaming the otbureaucracy as gavin newsom ws doing and palisades and reservoir out of commission and infrastructure and water pipes not updated. charles: wish we had more time. kennedy, states up and down. liz: kennedy, i'm going to la to check on my family in a week and i'll check on your home, honey. >> you're incredible. liz: folks, we're moving fast here and headlines behind the pretty, pretty significant rally

including news breaking this afternoon that a deal has been reached to release the 98 israeli and american hostages held for more than a year by hamas terrorists. we're taking you live to israel where the government is gearing up for the deal. trey yingst going for that. going down for that and ceo of booze allen hamilton joining us live in a fox business exclusive and good news out of the middle east and nine consumer inflation data and giving the bulls real muscle and kicking off final hour of trade and dow 780 points and just under 2% and s&p 500 moving higher by 112 and nasdaq is the peak spl sen tajikistan

winner and up 2.5 or 478 points on pace to snap a five day losing streak. >> 606 and that accounts for some 204 points of the entire rally here on the dow jones industrials. the investment bank on the moment at record high and fourth quarter profits and more than council year over year from 2 billion to 4.1 billion and jumping 4.5% and that's a record high and jp morgan below record express and up 2% and net income rose by 50% and banking fees rose 59%. we should check out citi, now a

dow component but the giant is soaring by 7.5% on earnings beat and $20 billion stock buy back approval. what about tech? a day after all the magnificent seven ended in the red they're splashing in the green and tesla gaining 7.25% and top of s&p and this doesn't hurt. interest rates are plummeting on weaker than expected consumer inflation report and ten year yield which yesterday, it'll surprise you. it was at 4-point # possessor and it's cratered right now 13 basis points to 4.66%. with optimism unleashed and getting to the floor show finding out whether to buy this rally or wait. joining me at 248-centture chief strategist lindsey bell and chief strategist art hogan.

art, it's a bit of embarrassment for riches for the bulls and point to jp morgan earning ands one of the brightest and record revenue and asset management and how long does the ennauseam we see spreading to all -- enthusiasm spreading to the market all day last? >> it has legs and going through with the start of the year was all of the people, whether it's in the wealth channel or constitutional inve investors tt put off selling last year into january for next tax year and that's a piece of the pi and will that was negative and it's something with a significant head wind for investors and still the risk off attitude that turns into a tail wind and settling down off the boil. liz: it's boiling up certainly for the big bank name that reported and we want to remind our viewers that tomorrow it's

morgan stanley reporting along with bank of america. we looked at jamie dimon's statement and he's ceo of bank of america and inflation is on the horizon and look at consumer price index today and particularly the core year over year, sure, it was slightly less than the expected 3.3%, but at 3.2%, the cpi numbers are still indicating, at least to me, what the heck do i know, that inflation is sticky. so how do you see it as it pertains to the rally going on right now and whether you're buying stocks? >> yeah, that was a fear with how much fear is baked in with

inflation and interest rate trajectory and we've been able to calm investor withs this idea that maybe, maybe inflation is sticky and not moving higher, which me means that maybe the rumors about the fed potentially hiking interest rates instead of cutting after a potential pause is not on the -- in the cards so i think investors feel good about that that i agree with you, i think inflation is sticky. when i look at banks, i will say the one thing that stood out to me that not a lot of people are talking about is health of consumer businesses and those were quite strong and delinquency or credit reserve last ye years with fierce swirlg around the consumer falling out of bed because delinquency rates were increasing and they show to be stock column and steady. that's a good thing and up 20-30% year over year from a credit reserve perspective but on a quarter of quarter basis remaining healthy and steady.

liz: i would like to know what you interpret from this and world's largest asset management, 11.6 trillion in assets and that's a record and it's jumping in the stock about 5% is the big e percentage jump since september of 2023. people are taking their money, gigigiving it to blackrock and e other bankers and saying invest it. is the timing right? >> time sergeant right and sending a signal about the health of invest.environment and there's a halo effect to everything else going on in investment of the world and i certainly think their report was a blockbuster and up as much as 6.5% and the opening here and that continues to prove that the environment is better. to lindsey's point, which is really important, none of the banks took outsized loan loss provisions and that's a testament to the fact of full

employment and rising real wages and that's a really important point. got to confident the consumer and block rock was a great beneficiary of that. liz: glad you brought up employment. liz lindsey, art, you saw this as well. microsoft and meta having a terrific day today. however, both announced late yesterday that they would be cost cutting. in meta's case, they're cutting jobs and in microsoft's case, they're scaling back on spending on things like travel. they're not just going to say sure, go out to arizona and talk to our clients. they want to make sure they're hitting the correct clients, which is code to me of okay, we're watching the wallet at the moment. does that sort of serve as a canary in a coal mine for technology because they were the ones in 2022 that really cut jobs. >> yeah, and you know what, they haven't started hiring. actually i would say when you look at monthly job data, what

we've actually seen is when you look at jolts report, you're finally starting to see information technology sector open some jobs, but it's coming at a very slow rate, and i will say what meta said, zuckerberg said he's cutting people for performance but going to replace them with new folks so that's a positive. what i would say in general, i think, liz, you're getting at the point that expense control remains a key focus for not just a tech sector but many across s&p 500 and we're expecting it forth quarter of 2024 and throughout 2025 is operating margin expansion and operating margin expansion is what is expected to drive earnings growth this quarter, expected to see 16% operating in the fourth and all time high of 2025 and productsivity certainly component, cost cut sergeant another component and i think wage stagnation is another component of that too. we'll see how that -- we'll keep

a close eye on how that develops over the course of the year. liz: they're all of course members of s&p 500. art, you've got quite the s&p call here. you say by year end, 6800. we are just under 50 points below >> it's between 8% and 12% earnings growth and off a year of 8% growth versus 4.5% expectation and if that holds tight through the fourth quarter of earnings season and the guidance we get, without any multiple expansion, you can easily put a fair market multiple on that earnings so fio about 290 and get to that target. what's incumbent on that happening is the participation of -- participation of 4 # 3 other stocks and not just mag zen and earnings growth

contribution from those stocks certainly seems to be more than in the last two years and we'll see not just seven stocks holding up index and 493 participating and that's significant and likely start seeing broadening out things like financials and healthcare and energy, some of the best performing stock this is year, continue to broaden out and that puts us in a healthier place to get to 680. liz: art and lindsey, thank you so much for weighing in. folks, we have families of hostages being held by hamas overjoyed at the news of a ceasefire and h hostage deal, bt how many of them are still alive? the latest number we're hearing and we'll get you details on how it all came together when we take you live to tel aviv. and corporate america to the rescue. hollywood studio behind the hunger games leading the race to help the victims of the destructive la wild fires.

we're heading to southern california for a live report on the largest pouring in from all quarters of business. plus, rebuilding material stock and potential to go through the roof and more to this story. claman countdown is coming right back. nasdaq is the big gainer right now and 481 points.

(vo) what does it mean to be rich? maybe it's not just about the places you can go... but also the people who welcome you home. it's not about living like a star... but about feeling like one. rich measures life in laugh lines... in moments, shared... and in days well-spent. the key to being rich is knowing what counts. [birds chirping] [dog growls] ♪

♪ who knows what tomorrow ♪ ♪ will bring ♪ [dog barking] ♪ maybe sunshine, ♪ [dog whining] ♪ and maybe rain ♪ ♪ but as for me ♪ ♪ i'll wait and see ♪ [knock at door] ♪ and maybe it'll bring my love to me ♪ ♪ who knows ♪ ♪ who knows ♪ ♪ (auctioneer) let's start the bidding at 5 million dollars. thank you, sir. (man) these people of privilege... hoarding the financial advantages for far too long. (auctioneer) 7.5 at the back. (man) look at them — unaware that robinhood gold members now enjoy the vip treatment — a 3% ira match on retirement contributions. (auctioneer) 11 million sir. (man) once they discover their privileges are no longer exclusive... their fragile reality will plunge into disarray. ♪

let's go boys. the way that i approach work, post fatherhood, has really been trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution

for millions of families, like my own. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. ♪ ♪ have now burned more than 40,00e than 3,000 structures, airbnb is stepping in n to help those. they're providing free emergency

stays for 25,000 people in more than 6,000 -- and more than 6,000 pets impacted by wild fires in southern california and it's helping the stock, airbnb up 3.33% and one of the major hollywood studios, lion's gate entertainment going to open it is doors for emergency clothing, supplies and admission supplies and working at lion's gate studios yesterday and today to accept all sorts of donations impacted by wild fi fires and te los angeles area and saying come on down, we'll give you clothing in you've lost your home and everything in it. it's not just publicly traded companies, the big ones stepping in, wildly popular cult t-shirt classic true classic reserved $6 million worth of inventory to give away for free to fire victims left with nothing after their homes were incinerated. i talked to founder and ceo ryan bartlett known for giving jobs to those down on their luck and

putting shirts on their backs. >> day three of turning it office into a warehouse. come on, guys. we have a lot of stuff to give away. shirts over here, socks and underwear, we have denim over here, we have unlimited supplies. i got five more pallets coming n. be a giver. show up for somebody today. find somebody that lost everything and send them to our office. let's go. liz: ryan said contact him by instagram and madison alworth with more and how the local community is stepping up. live in altadena. reporter: yes, liz, we're live in altadena and business owners lost everything and they're stepping up for their neighbors and i'm in front of what used to be steve's bike shop. it's completely gone. we spoke to steve and this is essentially the only job he's ever known. >> i started working there when i was 14 and after graduating high school i ran it full-time and bought it shortly thereafter

around '97, and ran it since then. i've been there since this june. reporter: now after the fire back out here live, just completely gone. right here is one of the bikes that would have been for sale. in this way, vintage bikes and whole rack going back that way and everything is gone and he estimates he lost about $2,000 worth of invenn tore and doesn't have fire insurance ask not sure if he's getting that back. his focus are these bikes in the front. liz, these didn't miraculously survive the fire, they were brought after ward. they were donations and steve doesn't know who donated them. he knows he put a call out saying if you have bikes you're willing to donate, send them my way and set up a shop at his

house and fixing up bikes, getting them ready for neighbors that lost everything, lost cars, their own bikes in order to help those folks out. he says that's his focus right now. >> this makes even more sense, even though it's not making any money, that's not the priority right now. it's not just the priority. we need to make sure that people are covered. reporter: he was driving through streets and it was cover in the fire and got 7:on the roof and put out the fire around his brother's house and driving to neighbors and using garden hoses and a fire hose where he could in order to help people as much as possible. and like i said, his focus now even though his business is completely destroyed is on

giving back. he says he told me he believes once he can get a pop up shop going, his neighbors will come out and financially support him. for now, he's doing what we can to support them. liz. liz: this is the kind of story that gives you hope for the home race. madison, thank you very much. what an amazing man, by the way, fox jumped in on day one. fox's support of families impacted by california wild fires has already brought in millions of dollars and your donation enables the red daughters or sons respond to and help people recover from the disaster. people just like steve. visit go.fox/redcross to support the efforts or scan the qr code that you see on your screen right now with your phone. fox business alert, the destruction left in the fire's path has building supply companies in focus, including one that already has an eager buyer. investors are raising the roof on beacon roofing supply. shares are gaining 7.6% after

building products distributer qxo made public the offer to buy beacon for $124.25 per share in cash or approximately 11 billion. right now beacon at $117.20 indicating that that offer is a pretty fair one. but beacon's not biting yet. a letter written to beacon by qxo chair stuart randall and submitted in early november, beacon has continued to turn it down. the letter goes onto say that beacon shareholders "have the right to evaluate qxo proposal despite attempts by beacon's board to withhold it from them. qxo said it's prepared to nominate directors to the beacon board. could this be shaping up to be some type of hostile takeover and we're watching at the moment and off the low of the session down 1% at the moment and watching that story. a lot of homes need to be rebuild in california, roofing

supplies are going to be in great use. general motors is cruising higher at the moment after u.s. auto maker signed a multibillion deal for batteries and nice 2% gain here and part of the deal and norwegian company will supply gm with synthetic graphite and ev battery production and going for them and going for the taxi development program. fintech firm sofi and affirm are rising after both stock withs outperform rating and andrew jeffrey cited momentum in the space as younger demographic and seeking better and more transport experiences and as a result, sofi is popping here up

6.5% and affirm up 4.33% and affirm ceo joining us tomorrow on the show live. devin energy getting a boost on energy and benchmark going to shout from a buy to hold and 38.53 and benchmark cited improved execution and buy backs and reduced mna and another one coming in and bernstein raising ratings on the exploration and maintained $45 per share target price and shares at $38 and change and up 3.6%. major break news out of middle east and crowds in tel aviv erupting in joy in israel and terror group hamas agreed to gaza ceasefire and hostage deal. the breakthrough comes 15 months after hamas orchestrated deadly october 7 attacks on israeli civilians. we will go live to israel and

trey yingst to fox news for the latest. we'll talk to ceo of u.s. military intelligence contractor booz allen hamilton on fox business ux cleeseive in --ex- collusive in insuring positivity in the highly tentative world and nasdaq is up 500 points. ♪

(♪) (♪) bounce back fast from heartburn with tums gummy bites, and love food back. (♪)

it's a lot to be a caregiver and a daughter. because you kind of have to take a step back. getting some help would be a great relief. from companions to helpers to caregivers. find all the senior care you need at care.com

do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. if you have $100,000 or more of life insurance, you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit coventrydirect.com to find out if your policy qualifies. or call the number on your screen. coventry direct, redefining insurance.

liz: breaking news, president biden's transportation department is suing southwest airlines over chronic flight delays and the stock is down half a percent and had been in the green earlier. the u.s. is seeking maximum civil penalties with just five days to go till president elect trump's inauguration and the biden admin vagues is apparently trying to wield the legal power heftily and yesterday the sec anouned it's suing -- announced it's suing elon musk over the twitter violation. celebrations are breaking out in tel aviv this afternoon and this hour after a new deal to release israeli hostages held in gaza by hamas terrorists has been reached and the first phase of the agreement ends 15 months of bloodshed calls for a 42 day ceasefire and americans will be among the hostages to be freed

and fox news' foreign correspondent trey yingst joining me live on the ground from tel aviv and details on the historic deal and details of the 98 hostages still in gaza fewer than half are still alive. when will we see the first of them? reporter: yeah, liz, a ceasefire deal was reached between israel and hamas and goes into effect on january 19th, this sunday and that's when we'll see the first hostages releaselealeased from s from captivity and they'll receive 43 total hostages released from gaza, some dead and some alive. we look forward here though, you get a sense in the streets of tel aviv, this is being met with mixed emotions and understanding that in order to get these

hostages out, palestinian prisoners, hundreds of them will be released by the israelis. inside gaza tonight, scenes of celebration in the street and hamas gunman wearing hamas flags saying they're victorious in the war against israel and both sides trying to claim victory in the bloody conflict that started with the october 7 massacre. again today, we heard from president biden who said this will give the palestinian people in gaza a opportunity to have a future without hamas in control of the gaza strip and reality on the ground is different. 15 months into the conflict, hamas maintains control of gaza and just yesterday u.s. secretary of state antony blinken said that hamas recruited just as many fighters as it lost in the conflict with israel. liz. liz: trey yingst live from the ground in tel aviv, let us hope this comes through and is solidified. thank you so much.

at this moment, the world remain as dangerous place and the houthi rebels are still a threat to the world supply chain in the red sea because they keep attacking ships there. and there is no end in sight to the war playing out between ukraine and russia. we have booz allen happen ill ton and artificial -- him ill ton and work focused on defense and intelligence area and now booz allen hamilton to the quantum space with strategic investment with quantum computing company called seek and collaboration helping them support u.s. government clients with a much faster speed and larger scale to keep america

safe. booz allen hamilton president and ceo joining me in a fox business exclusive. horacio, thank you for joining me. this sending what started october 7 of 2023. to me, it just is so horrific what's happened there. how does, and i recollects quany work for the government in >> thank you, liz. it's great to be here in the day with such good news out of israel and 466 days these hostages have been held and it's not there a moment too son or moment later. we need them home.

>> driving the government in national security missions and we're obsessed with speed and the world is extraordinarily dangerous and not just russia's aggression and china's submission and iran and north korea going to have all the countries coming together and blocking these economic and military. speed and combined effect ligation is not everything but a significant way to advance this and ai is the most significant technology and french hitter for the next 50 years and whoever is french with quantum in the area of decryption and breaking code and it's going to win a huge cyber race and that's why we're

investing in quantum going for them it'll affect national security and cannot weaken our technology and know how to drive solutions and driving outcomes faster. liz: talk about speed, willow is the chip that's running a special google computer and they announced they did something where they were able to solve a medical equation in just minutes that would have take. this is how they put it. i don't know how they'd they would have figured this out and a regular computer and even the world's most powerful super computer could not have completed in 10 a 10septillion s and you can't check that but what kind of speed for what part

of our military? >> so, the big issue that they're working on is decryption. it's algorithms and math to keep the data safe. cannot afford to be second in developing a working scale of quantum computer and that's why we're making investments and this is like ai. i talk about quantum now and people roll their eye as little bit and talk ai in 2017 and libses to national security and people are rolling their eyes on that and now we have a business in ai that will probably be a billion dollar business by next year and growing these are

fundamental technologies that we can rely on. ail technology and it'll be a peace part of the overall solution. liz: just last week at consumer electronic show and conn claman countdown went and jenson wong said real quantum compute sergeant 10-15 years away. do you see it like that? imagine giving china a yearly advantage and we're investing and looking to see who in the private sector has what

technology that can be used with our technology and our know how to get to solutions faster. liz: come back this. matters to our investor audience in the country. >> i will. thank you. liz: ai dominating center stage for investors and a big propellant for them and scrambling to connect the dots not just the dots but the wires and software needed to capitalize, now one company is shedding the pass on it elite and ceo of kindrell publicly trading and joining us next. more to say on this. (♪) what took you so long? i'm sorry, there was a long line at the thai place. you get the sauce i like? of course! you're the man! i wish. the future isn't scary. not investing in it is.

nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com (traffic noises) (♪) the road to opportunity. is often the road overlooked. (♪) at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward. the further we'll all go. at harbor freight, we do business differently from the other guys. we design and test our own tools and sell them directly to you. no middleman. no folks in suits telling us to raise prices for the heck of it. just quality tools you can trust, at prices you'll love, every aisle every day.

that's how we like to do business any way. whatever you do, do it for less at harbor freight. (♪) where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management if you're living with dry amd, you may be at risk for developing geographic atrophy, or ga. ga can be unpredictable—and progress rapidly—leading to irreversible vision loss. now there's something you can do to... ♪ ( slow. it. down.) ♪ ♪ ( get it goin' slower.)♪ ask your doctor about izervay. ♪ (i. zer. vay.) ♪ ♪ ( gets ga goin' slower.) ♪ izervay is an eye injection. don't take it if you have an infection or active swelling in or around your eye. izervay can cause eye infection, retinal detachment, or increased risk of wet amd. izervay may temporarily increase eye pressure.

do not drive or use machinery until vision has recovered after an eye injection or exam. izervay is proven to slow ga progression, which may help preserve vision longer. ♪ ( i. zer. vay.) ♪ ♪ (gets ga goin' slower.) ♪ so shift gears and get going. don't delay. ask your doctor about izervay. (wife) saving for retirement was tough enough. (husband) and navigating markets can be challenging at times. (fisher investments) i understand. that's why at fisher investments, we keep a disciplined approach with your portfolio, helping you through the market's ups and downs. (husband) what about communication? (fisher investments) we check in regularly to keep you informed. (wife) which means you'll help us stay on track? (fisher investments) yes. as a fiduciary, we always put your interests first. because we do better when you do better. at fisher investments, we're clearly different.

dexcom g7 is one of the easiest ways to take better control of your diabetes. this small wearable... replaces fingersticks, lowers a1c, and it's covered by medicare. not managing your diabetes really affects your health for the future. the older you get, the more complications you're gonna see. i knew i couldn't ignore my diabetes anymore because it was causing my eyesight to go bad. for my patients, getting on dexcom g7 is the biggest eye opener they've ever had. i couldn't believe how easy it was. this small wearable sends my glucose numbers right to my phone or my receiver.

with just a glance i can see if i'm going high, low, or steady. so, i can make quick decisions in the moment. now, i'm a superstar. my a1c is 5.7. my a1c has never been lower. no other cgm system is more affordable for medicare patients than dexcom g7. don't wait! call now, and talk to a real person. liz: what a market rally here and it's technology that's a big sector leader and which subsector will be the breakout star of 2025? bank of america knows they're calling the software sector the

time to shine. b of a analysts butt out a note that administer official intelligence and cloud migration are positive catalysts for the industry. salesforce and data dog that the analysts pointed out and they did say the sector isn't cheap and rallied about 25% last year and new advancements not fully priced in yet. liz: 6.1 billion in revenue and what's next for the digital services pro provider and

kindrell ceo and it's not a name people hear about every day on the business networks and we try on the claman countdown and say what are the other options and looking at six month performance up 42%. what is it that is driving that right now for our viewers that don't know the company that well? >> yeah, thank you. we appreciate being here, liz. thank you. we sit at how the heart of the world works every day and airline systems and telecom systems and supply kings of the world and important work we got a freedom of action and going to create a deep and meaningful partnership quickly with the microsoft and grade schoolings s googles and amazons and oracles

and nvidia last year with that exact million and knifed to invest and bring real innovation and solving this complex and structure in the world and that's plus the great engineering talent allows us to turn a business around. liz: last year you did ten deals each worth more than $100 million. how did you do that, and what kind of pace will you do that at this year? >> yeah, so the seeing them

through what we've billionth built the bridge in the way we delivered services with the customers and allowed partners to integrate the tooling into bridge and seeing the entirety of infrastructure and manage this ever complex world and the deals are going to keep getting bigger and bigger because we keep developing new capabilities and we keep growing our wallet share of customer base and again we're the biggest already and we are the place to go to for infrastructure that's mission critical. liz: let's use nvidia and try to pretend that's the service with. >> two things to keep in mind as our customers get ready for gen ai world and getting data organized and combined effecter tect data to keep it secure and resilient and all the things in their systems and do that for gen ai as well. in order for customers to use

nvidia's tools and chips and they need visibility to their systems and they need to integrate that wherever it's going to show up. in one case, we've built with nvidia and dell, we built a private cloud that allows our customers now to test some gen ai workloads in our data centers. so ben, if you're a cio and want to do experimentation and need data in order touchdown catch and don'd keep it secure and use kindrell to get it ready and manage in a workload for gen ai. liz: business is hot and at a fast clip and there's a piece in the register and going from the source and register said there was a report from insiders that there's not a lot of new business at the moment and what's your reaction to that.

>> we grew signings and new thing ntsb backlog and very solid double digit and we've talked about on the investor day a few months ago and adding 300+ new customers into the firm and there is new customers and then there's new growth within existing customers and we've built a kindrel signing ins 30, 40, 50% range quarter of quarter growing revenue and again the double digit range and our focus has been growth in certain areas like kindrell consult and going out of four elements of the business and there was a very low margin oem business reselling people's equipment and basically done to zero and we're done. we're working on getting content out of the contracts that didn't

allow us to invest in the customers but there's a lot of growth in places we're focused on. liz: thank you, martin, for clarifying what the business does and not a name familiar to anybody and it should be and not only has it had a banger of the last six months and last year but your pe ratio is 16 and at a time where analysts are looking for real value where they're not overpaying and that is something that's interesting to our viewers. we appreciate you being here. glad to see you. >> thank you. liz: with the new year is new s&p price targets and 489 billion big move to the upside.

after last month's massive solar flare added a 25th hour to the day, businesses are wondering "what should we do with it?" i'm thinking company wide power nap. [ employees snoring ] anything can change the world of work. from hr to payroll, adp designs for the next anything.

at betmgm, everyone gets a welcome offer. so whether you're courtside trying to hit the over... or up here trying to hit the under. whew! or, hitting that win with your crew. ohhh! yes, see defense! or way up here with a same game parlay. yaw! betmgm's got your back. get your welcome offer. and play with the sportsbook born in vegas. all these seats. really? get up to a $1500 new customer offer in bonus bets

when you sign up now. betmgm. download and bet today.

let's go boys.

the way that i approach work, post fatherhood, has really been trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families, like my own. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. ♪ ♪ ♪ ♪ liz: you bet it's a market rally. four minutes before the closing bell and the biggest rally of the year and dow up 690 points and s&p up 106 and we've got nasdaq better by 468 and need to flip it over to the energy

markets, a big rally in that investment there. oil is jumping in the after market by nearly 4%. nat gas up 4% and of course the inventory numbers from energy information administration came in today. bigger than expected draw in weekly crude. that of course is bullish certainly and felt flip it over to bitcoin and crazy in the last couple of ho hours and bitcoin 5 and slightly below that right now and still gaining 4.32% to 99,576 today's rally helping our countdown closer get a wee bit close tore s&p 500 target and it's 480 and right now we've got s&p at 5,949 and would be a roughly 9% gain from current level and u.s. bank asset management group cio eric friedmann is here 489 billion in asset under management and it's

a good day for you, eric what's it like for the good earnings numbers? >> yeah, liz, fortunate we're back to earning ands it's called a drift away from companies and really all about the macro-science and the fact we've got reporting from financials and got retail and it's a very good thing and there's a couple decent setups and one having benign inflation data ask consumer level today and yesterday's producer levels and that's giving a little more comfort to the it's a really strong market momentum yesterday liz: it was a skyrocketing bond yields feels like the market at the whim of the bond yield market so 10 year treasury today and it's definitely cratered and

it's well off the low and equities go up and how do you rebalance your portfolio on the daily basis? >> this is environment where if you get close tore 5% and 10 year treasury yield and that's a level to be concerned with and because you really put in some significant drops today height arkansas probably closer to 4.32% and 5% and bonds not having stocks and it's a environment where we're especially the mess of consumers as well as tech, tech has been such a darling for so long and don't hear from tech companies for a couple of weeks and in general, this is a environment where we're owning technology and benefiting clients and investors through the cycle. liz: what sectors do you prior advertise beside tech? >> consumer stocks geared towards middle and higher income consumers and tram focused ands

higher income and retail and highlighting energy and it's a grady trimble good place to be and certainly demand across not just the u.s. but some emerging market activity, which we think will be a positive. energy consumer technology and discretionary. liz: eric, look at gain on the dow, 707 points and nasdaq that's the percentage winner and that's going to do it for us. kudlow is next. larry: hello, folks, welcome to kudlow, i'm larry kudlow. israel and hamas reached a cease-fire deal and are we handcuffing israel in fight to destroy terrorism? senator john barrasso on that and trump en