bell hooks died wednesday.as the author of more than 40 books, ranging from essays and poetry to children's books such "skin again." in 2000, she published the book "all about love: new visions" and wrote -- "it is essential to our struggle for self-determination that we speak of love. for love is the necessary foundation enabling us to survive the wars, the hardships, the sickness, and the dying with our spirits intact. it is love that allows us to survive whole." for more, we are joined by her dear friend beverly guy-sheftall . she is the former president of the national women's studies association and professor of women's studies at spelman college. first of all, professor, our condolences on the loss of your close friend bell hooks. >> thank you very much, amy. i am really happy to be here and i love that particular speech that you all quoted from. amy: talk about your friend, the icon, the african feminist, african-american feminist trailblazer bell hooks. first, her name. talk about how she kept it in low

— bell hooks reflect on these modern events? i think that bell hooks's _ modern events?ks's work _ modern events? i think that bell hooks's work is - modern events? i think that bell hooks's work is so - bell hooks's work is so relevant and critical for the times we are in right now, there is so much to be angry about, so much to be disheartened about, and to feel wary. i know many folks feel wary. i know many folks feel waryjust coming up into being the second year of a global pandemic on top of the ongoing crises around racism and systematic oppression in the us, but the power of bell hooks's work is to remind us that love and care is actually our most powerful and practical tool in these moments that we need to be leaning into love of each other and love of ourselves and practising that, and lots of different ways, not just in our intimate relationships, but in our care, with our communities, in our activism and in ourfight with our communities, in our activism and in our fight for justice. so i think, i know that for folks who have studied her work and have been insp

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." >> "closing bell" starts in a few seconds. >>> welcome to "closing bell." i'm courtney reagan in for sara eisen. inflation headlines sending the averages lower today. >> i'm dominic chu wilfred frost will join us in a moment let's look at what's driving the action today ppi jumping 9.6% in september. fastest pace in record fanning the inflation concerns as the fed meeting gets under way today. the world health organization said the omicron variant is spreading at a rate not seen with a previous variant. pfizer said the covid pill is effective against the variant. the tech trade is lagging adding to sizable losses on the week. microsoft, tesla among the biggest decliners. we have about 59 minutes left to go in the regular trading session. >> it is a big show. coming up, another big exclusive interview you cannot afford to miss wilfred will have brian moynihan to talk about inflation and the consumer and much more. >> straight to the market action and a rough session for the tech shares josh lipton is at the nasdaq with a closer look. >> you mentioned tesla l

[bells ringing] [bells ringing] [bells ringing] [bells ringing] ♪ ♪ ♪ ♪ ♪ >> thank you.>> beginning on american history tv a conference on frederick law the founder of american landscape architecture to mark the 200th anniversary of his birth. coming up you hear about his influence on the landscapes of colleges across the country including at stanford and duke. up next landscape architect lori ellen talks about the design of college campuses. >> good morning

i think the pictures of bell _ at bell moral as well.e spot the queen was income itjust shows how much prince andrew has really dragged his family through the mud with tears. and the fact that he is still shying away from prosecutors is just horrific, still shying away from prosecutors isjust horrific, really. how could he do this? just those pictures create is a majorjuxtaposition of these two cd, awful, criminal figures and then the poor queen and how they become tied up together just seems absolutely bizarre. finally, we will take a look at the financial times because this is potentially a huge story. it�*s about whether russia might invade ukraine. and joe biden proposing nato talks with putin, says the ft and an attempt to stop moscow in baiting ukraine. geri, how realistic a proposition do you think that is? — invading. proposition do you think that is? - invadinu. ,, ., ., proposition do you think that is? - invadin, ~' ., ., . ., , proposition do you think that is? - invadinu. ,, ., ., . ., , ~ invading. ukrainian certainly think

. >> "closing bell" starts now and sara is right over there. >> good to see you welcome to "closing bell." i'm sara eisen more green on the screen as we approach the end of 2021 >> why didn't you come here? i'm wilfred frost from new york stock exchange let's have a look at what's driving -- crossing a whole n river. nasdaq is out performing today a number of recent laggards seeing strength including neo and others and on the data front jobless claims below estimates 59 minutes left in the session. >> we have a big show coming your way we'll speak with jetblue ceo about the decision to cancel nearly 1300 flights through mid-january and president biden expected to speak this hour with russian president vladimir putin. we'll discuss what the tensions in the region could mean for the energy market. >> let's focus on the big story just mike santoli is tracking the market action. josh lipton is tracking chinese tech and seema mody with guidance on cruises. mike, start us off with the broader markets. nice steady rise. >> yeah. kind of a gentle lift. same percentage gain on the s&p 500 as yest

the sun goes forjingle i bell lock on the front page of the headline — bell lock on the front page ofd include _ the restrictions being considered include limits on indoor mixing, including — include limits on indoor mixing, including pubs. so obviously we are looking _ including pubs. so obviously we are looking at— including pubs. so obviously we are looking at a — including pubs. so obviously we are looking at a picture, looking at a return _ looking at a picture, looking at a return to — looking at a picture, looking at a return to potentially some of the points _ return to potentially some of the points we — return to potentially some of the points we were last year, where we could _ points we were last year, where we could go— points we were last year, where we could go to — points we were last year, where we could go to the pub, restaurant, but you can _ could go to the pub, restaurant, but you can only— could go to the pub, restaurant, but you can only go with members your own household, that sort of thing. the hospitality industry has been hit reatty — the hospitality industr

. ♪ jingle bells jingle bells jingle all the way ♪ >> anthony: i'm told i was bob from accounting.de in a one horse open sleigh ♪ ♪ hey jingle bells jingle bells jingle all the way ♪ ♪ oh what fun it is to ride in a one-horse open sleigh ♪ [ applause ] feeling sluggish or weighed down? it could be a sign that your digestive system isn't working at it's best taking metamucil everyday can help. metamucil psyllium fiber, gels to trap and remove the waste that weighs you down. it also helps lower cholesterol and slows sugar absorption to promote healthy blood sugar levels. so you can feel lighter and more energetic metamucil. support your daily digestive health. and try metamucil fiber thins. a great tasting and easy way to start your day. introducing the biggest advancement in the history of small business bookkeeping. having someone else do your books for you. i'm linda, your quickbooks live bookkeeper. let's do this linda! sounds good! a live expert bookkeeper who understands your business. felipe, i've categorized last month's hair gel expenses. steve, i just closed your books. gre

[bells ringing] [bells ringing] [silence] ♪♪ [playing taps] [playing taps] ♪♪ [playing taps] [playingplaying taps] [playing taps] >> thank you. >> thank you. [applause] [inaudible conversations] >> hello everyone and welcome. i name is joy m. iguchi and i'm the coordinator at them national american museum and i want to thank you for joining us today virtually or from wherever you are joining us for this wonderful program

." >> "closing bell" right now. >> happy friday and welcome to "closing bell. i'm sara eisen at the new york stock exchange major averages higher today. the dow tracking for the a best week since march s&p and nasdaq for the best week since july i'm mike santoli in for wilfred frost. price index climbing 6.8% year over year, highest since the 1980s. tracking some big moves on earnings and pops for broadcom and oracle and a new report on the firsthandful of omicron cases in america mostly mild with one hospitalization and no dearths. dow up about 100. >> coming up on today's show brian deese to talk about how the white house aims to tame inflation. plus the ceo of fintech giant klarna tells us how inflation concerns drive kcustomers to a buzzy payment option mike is tracking the market action and steve liesman with a look at the cpi number there what are you looking at? >> i would say a steady performance in the face of the cpi number, perhaps less bad than feared and opening pop in the shall have popped at this familiar point we have lost maybe a third of that

[bells ringing] [bells ringing] [silence] ♪♪ [playing taps] [playing taps] ♪♪ [playing taps] [playingplaying taps] [playing taps] >> thank you. >> thank you. [applause] [inaudible conversations] >> we are proud of our heritage and washington montana north and south dakota and the stewardship of our studying natural resources in addition to many other symbols a symbol of our optimism for the future. throughout the world their monumental events taking place in hundreds of millions of people are moving towards democratic rule towards liberty is on a scale unknown in previous years but it gives us great hope that the time in the spirit of christmas and hanukkah will -- and we can look to an end of human conflict. all the monumental events that are taking place with the season of family and friendship are personal relations and their personal pleasure. i hope you'll accept from me and all of us in the congress are best wishes to you for a merry christmas and a happy holiday season and now i'm going to ask my colleagues in the senate and the house to join me as we look at this christmas day

welcome to "closing bell." i'm wilfred frost at new york stock exchange this is the final hour of trading for 2021, a year of transitory inflation, memes and the metaverse. we'll he you get the portfolio for 2022. >> welcome, everyone i'm sara eisen happy new year, dubai. we have a look at the fireworks display. >> look at this. >> at the tallest building of course in the world. they ring in the new year. just to give you a moment. always a good show in dubai. it is nice to see the celebrations happening again some were paused in the pandemic last year. we are optimistic. happy new year, dubai. ♪ now let's look at three things driving the action leading are real estate, industrials and consumer staples. oil under pressure despite a blockbuster year we have data overseas with china's manufacturing data better than expected. >> i like that i got new zealand and australia earlier today. >> we'll get russia later. >> you will get an extra couple with the late duty tonight i'll be watching from home we are doing our

"closing bell" starts right now. >>> thank you. welcome to "closing bell." i'm sara eisen here at the new york stock exchange. plenty of green on the screen to kick off the trading week. the dow is erasing last week's losses. >> good afternoon. i'm wilfred frost. today investors digesting the latest on the omicron variant and optimistic headlines white house medical analyzing dr. fauci saying the data is encouraging. reopening plays like airlines, cruises and online travel jumping today. oil is getting a pop and we are keeping a close eye on the crypto market after a brutal weekend of trading. 59 minutes left of the session energy in the lead. >> every sector higher coming up david giroux with the outlook for 2022 three names he says are a long term opportunity shares of poshmark higher today. we'll talk to the ceo about the business and what he's seeing in terms of consumer spend. >> first let's focus on the big stories with mike santoli and a closer look at the volatile tech sector mike, the broader market's up 1.3%. >> respectable we responded to what's b

[ bell tolling ] [ bell tolling ] [ bell tolling ] [ bell tolling ] >>> i am resurrection and i am life though they die. and everyone who has life and has committed himself to me in faith shall not die forever. as for me, i know that my redeemer lives. and that at the last, he will stand upon the earth. after my awaking, he will raise me up, and in my body, i shall see god. i, myself, shall see and my eyes behold him who is my friend and not a stranger. for none of us lives to himself and no one becomes his own master when he dies. for if we have life, we are alive in the lord, and if we die, we die in the lord. so then whether we live or die, we are the lord's possession. happy from now on are those who die in the lord, so it is, says the spirit, for they rest from their labors. >>> good morning. my -- i am the dean of washington national cathedral. on behalf of the bishops, welcome. welcome to the house of prayer for all people. we are honored to host this service for senator dole, yet, we recognize that we are gathering yet again to lay to rest a great american only five weeks after

"closing bell" begins right now. ♪ >>> it does. thank you. welcome to "closing bell."'m wilfred frost at new york stock exchange major averages rising. gaining steam throughout the session. on record close watch for the s&p 500. >> for the 69th time of 2021 welcome, everyone. i'm sara eisen consumer discretionary stocks up today as new data showed the strongest pace of holiday sales growth in 17 years energy making a move higher. wti crude back above $75 a barrel the nasdaq outperforming big tech stocks leading higher and semis doing the heavy lifting today. 59 minutes left to go in the session. every sector is green. >> quite comfortably we'll speak with the ceo of check point about the vulnerability and how companies protect themselves and supply chain challenges and opportunities with the ceo of fathom making the spac trading debut today. >> first up let's focus on the big stories this hour. mike santoli tracking the market action and leslie joseph with the latest on the headache facing the airline mike, what are you focused looks like energy and technology on top w

." >> "closing bell" starts right now. >>> welcome to "closing bell." i'm wilfred frost. the dow and s&p on track for their best two-day stretch of the year. >> a celebration i'm sara eisen let's look at when's driving the action technology leading the charge. nasdaq up almost3 paterson with gains for apple, tesla and intel more on those straight ahead. dr. fauci saying omicron is quote almost certainly not more severe than delta and glaxo said the treatment is effective oil marching higher today with a boost to the energy sector up now more than 3% for the week. >> we will be all over the rally throughout the show and also ahead two retail ceos give us a look into the consumer, supply chain and inflation. we'll speak about what they see in stores and online and given looking forward so much is the pitch is up there, ian bremer will join us with the first take on the meeting between president biden and p putin. >> let's straight into it. strong comeback. mike santoli tracking the action and josh lipton with the rally. >> mike, start us off. led by technology. >> it's very

(bells tolling) (bells tolling) >> woodruff: a heartbreaking reminder of the enormous toll the pandemicn. and that's the newshour for tonight. i'm judy woodruff. join us online and again here tomorrow evening. for all of us at the pbs newshour, thank you, please stay safe, and we'll see you soon. >> major funding for the pbs newshour has been provided by: >> for 25 years, consumer cellular has been offering no-contract wireless plans, designed to help people do more of what they like. our u.s.-based customer seice w.consumercellular.tv.n that >> the ford foundation. working with visionaries on the frontlines of social change worldwide. >> and with the ongoing support of these institutions and individuals. >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by newshour productions, llc captioned by media access group at wgbh access.wgbh.org ♪ ♪ >>> hello, everne. welcome to "amanpour & company." here's what's coming up. blowing the whistle on britain's chaotic exit fr

♪♪ ("jingle bells") who's your rock?ls ringing to the music) ♪ - [announcer] this holiday season, give the gift of grubhub. ♪ ♪ well would you look at that? ♪ ♪ jerry, you've got to see this. seen it. trust me, after 15 walks ...it gets a little old. ugh. i really should be retired by now. wish i'd invested when i had the chance... to the moon! [thud] [clunk] ugh... unbelievable. unbelievable. [ding] >>> index is up off the morning lows still down across the board. down 1.25% on the big cap and small cap indices. joining us on the phone, chief investment strategist for charles schwab great to check in with you you've been obviously tracking not just how the broad markets are doing but the damage that seems to be piling up below the surface. the braeak down in the typical stocks does that tell you mostly that this market overall has lost momentum and might be in do you havive mode or perhaps that we have the makings of a rebound coming >> maybe probably first the former and subsequently the latter yeah, you've seen a brea

("jingle bells") ♪ (doors knocking and bells ringing to the music) ♪ - [announcer] this holiday seasonhe gift of grubhub. >>> welcome back i'm rahel solomon. here's your cnbc news update at this hour. israel now the world's first country to approve a fourth vaccine dose for people who are immupo compromise. a panel of experts recommended it last week medical workers and the elderly also get a fourth shot but the nation's top health officials wants more data before that happens earlier this week a hospital started a test on whether a fourth shot will help against omicron. >>> we have heard how the u.s. has trailed europe with the availability of low cost at home testing. but with massive surge of omicron there, people in europe are having a hard time getting rapid tests and testing facilities are all booked up all indicators suggest the country has passed the peak of its omicron wave. >>> in the past minutes, cdc finds no serious reactions to pfizer vaccine in children aged 5 to 11. and serious adverse reactions were rarely reported. >>> all right, everybody, check out the huge rally in

we hear bells, music, and laughing.ll kinds of yummy food. don't put your mouth on it. >> okay. we hear laughing, playing, and singing. [cheers and applause] >> diwali. [cheers and applause] >> happy christmas. >> happy christmas eve and happy christmas day. [cheers and applause] >> christmas eve. >> we have been helping with the cookies and making up the pans wrapping our presents and we sing carols. and now there's nothing more to be done except to wait for christmas eve. [cheers and applause] >> christmas day. the tree lights are blinking, samosas are frying as we gather for presents on crust kris day. family and cookies are the choice. hot chocolate this christmas day. family, food, and cookies are santa's joy as he sips on hot chocolate on this day, christmas day. [cheers and applause] >> let's hear it for america scores. [♪♪] >> all right. let's all go that way. wave as you leave. say "bye" everybody. [cheers and applause] >> all right. is everybody ready to light this tree? so we're going to bring some people out

, . , bells.said. it will certainly feel that way for people with higher energy bills, higher prices in general, inflation, tax rises, most people, everyone in work whether self—employed or work will be paying higher insurance including those whose below £10,000. you�*re also seeing continued wage stagnation as we�*ve seen since the 2008 crisis. if fact for most people wages are still below the level they were then. so this creates an atmosphere of political and economic discontent thatis political and economic discontent that is always dangerous for governments. it�*s interesting that the guardian has made this their main story above covid. i think if you want to help 2020 will unfold or will be covid or the living standards greed i think will be the living standard squeeze because people that potentially had the potential to affect their lives more dramatic ways then covid has. this sto is dramatic ways then covid has. this story is making _ dramatic ways then covid has. this story is making man

("jingle bells") ♪ (doors knocking and bells ringing to the music) ♪ - [announcer] this holiday seasonift of grubhub. >>> oracle is up last night on the earnings call, there was a veiled swipe at aws. mean while deutsche, ups to buy this morning >> this was an amazing call larry ellison trash s.a.p, yes, aws, the idea his cloud doesn't have any people, it's all digital, so it can't go down on-premise, every big bank, bank of america just on-boarded to see what a competitive ceo is like, ellison pulls no punches marc benioff -- >> he's not ceo, actually. >> he's chairman. >> chief technical officer, something like that. >> he's chief evangelist. >> yeah. >> i just love him he doesn't like me i once went to his island. >> and don't forget he owns a lot of tesla, more than cathie wood, i was reminded yesterday he's a visionary, a genius, competitor he doesn't care about anything other than winning you've got to love that. >> he's doing it a business is very strong. [ bell ringing ] >>> also cvent celebrating a lista via spac >> can you imagine a couple strangers get together and you write

"closing bell" starts right now. ♪ >>> thank you. welcome to "closing bell."'m sara eisen a mixed session here on wall street dow outperforming. nasdaq down. s&p 500 is hugging the flat line if it closes higher that marks another record closing high. number 70 for 2021. >> you have been keeping count for us i'm wilfred frost. good afternoon lye from the new york stock exchange. utilities and consumer staples among the top performers crypto is selling off sharply. bitcoin below 50k. 59 minutes left of the session, sara. >> coming up on today's show breaking down the cdc's quarantine pivot and the new isolation guidance and whether the science is backing it up plus, venture capitalist bradley tusk with bold predirction of crypto. >> mike santoli is tracking the action and joining us is peter catchici mike, what is happening on the surface and beneath today? >> kind of a well earned pause from the low a week ago monday we were just above 4500 on the s&p 500. coming into today up 5.7% in 6 trading sessions a sprint relatively broad i have been pointing out that th

remembering the prolific author and activist bell hooks.more. ♪ >> this is the pbs newshour from w eta studios in washington and in the west, from the walter cronkite school of journalism at arizona state university. judy: as the omicron variant is spreading rapidly, top federal health officials warn it could bring a massive wave of new infectns to the u.s. as early as january. john yang has our report. john: judy, there are now confirmed cases of omicron in at least 36 states. the cdc estimates the new variant represents about 3% of positive u.s. cases. dr. saad omer is an epidiologist, and the director of the yale institute for global health. thanks for being with us. given what we know about omicron or more importantly what we don't know, how concerned should people be about it and how, should we expect omicron to become the dominant strain? john: here's what we know. we know it is a highly infectious strain. we know that it evades immunity, especially by two doses of the vaccines we use, but we also know that it response to three doses,

it's the latest gambit of bell roots is hauled line dictator, alexander lucas shanker. will the shanker now a stake in vengeance against us? we are dealing with psychiatry that is being roles against the will of its people by a dictator. the crisis comes in the wake of the key you sanctions imposed on beller roofs after 2020 to rigged presidential election. it left a desperate in place. human rights in tatters, and opponents at home and abroad in fear of their lives. on lucas shank, his official website that bela bruce and president is often portrayed as a jovial man of the people. one minute he's handing out gifts to sick children. the next he's limbering up on the ice rink alongside vladimir putin. he could be seen handing out medals or giving pep talks to his loyal workers. it's a fantasy that couldn't be farther from the truth. for the last 27 years, lucas shanker has ruled bella roost with an iron fist system. give id, t c h a san diego live at the absolute nurse, 2nd scepter, 70 museum. he put her somewhere for exclusively muscle conflict. so give me one sec . you

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" right now >>> welcome to "closing bell". v is for volatility and that is the word to describe today's market action. and the action we've seen all of this week. this hour the dow and s&p sharply in the red the nasdaq holding on to the green. >> i'mle leslie picker in for sa eisen. the fed and am omicron variant, sparking shut down fears again that's as fed officials are reiterating the hawkish pivot jay powell announced earlier this week, and it's the financials under pressure today with goldman sachs the biggest loser in the dow >>> coming up, tony dwyer and how he thinks the market will perform. and concerns about the omicron variant weighing on vaccine sentiment. >>> you know it's been a volatile week. when we need to bring mike santoli in on his day off, that's a sign. mike, we've missed you as always it's great to see you face on that picture and to hear from you. what has been your take from afar this past week? i mean, we've had a pretty volatile -- we got a nice bounce in the middle of it. it seemed like we took the

"closing bell" starts right now. ♪ >>> welcome to the "closing bell," everyone.'m wilfred frost of the new york stock exchange. another mixed session on wall street the dow could turn its sixth winning day in a row and could notch its first record close since early november >> welcome, everyone i'm sara eisen let's look at what is driving the action in this final hour of trade. treasury yields seeing a meaningful move higher today the 10-year yield now comfortably back above that 1.5% level. that is putting pressure on tech stocks chinese technology companies getting hit particularly hard. and shares of biogen rocketing higher on a report this afternoon it's in negotiations to be acquired by samsung of more than $40 billion. 59 minutes left to go here in the session. >> coming up on the show today, investor dan niles cashed in on a number of his picks for the year including oracle and jp morgan and today he's joining us with his top five list for 2022 >>> plus, the u.s. setting a record for daily average covid cases, and the cdc easing its quarantine rules we've

"closing bell" starts right now. >>> and welcome to the "closing bell." at the new york stock exchange a strong pre-market picture giving way to down beat session on wall street nasdaq sharply lower as we head into the final hour of trade. >> ping-pong session i'm morgan brennan in for sarah brennan. tech under serious pressure and adobe and chip stocks seeing biggest declines and mega tech apple and tesla falling as well and investors trying to make sense of the fed's latest guidance including a more aggressive taper and rate hike signals for next year and bank of england anonounced a hike thi morning. and housing starts showed a big beat got 59 minutes left to go in the session. will >> coming up on the show today, a pair of key earnings hitting off the "close." the first report since going public and hear from fedex, significantly undertomorrowed this year. the president of fedex joins us to break down the quarter ahead of this call with alice. focus first of all on the big stories. >> dom chu has a report what's pushing the market lower breaking down

>> commissioner bell? >> aye. >> and four votes in the affirmative and zero votes and the motion is approved unanimously. >> agenda item number 5? which is the ethics commission's regular meeting schedule. for the new calendar year. i think we have all checked with our very busy schedules for 2022, so any discussion? questions? commissioner bush. >> yes. i want to discuss the start time which is at 9:30. and i know that there are some other people who are concerned about that as well. is there a possibility of having us start at 10:30 instead of 9:30? i didn't know if the problem was having a room with access to a sound system and call-in system at that hour. >> chair lee, if i might respond? >> we do not yet have a specific date for when we would be resuming meetings back in city hall and remote meeting calendar. one of the issues we do have is a change in the time of the commission's meeting would require a bylaws change and the meetings under article 7, section 4 provide the regular meetings begin at 9:

." >> "closing bell" starts right now. >>> hello and welcome to "closing bell. i'm sara eisen here at the new york stock exchange. another wild session here on wall street. this time the gains are holding at least so far. the dow leading up 2% heading into the final hour of trading. >> good afternoon. i'm wilfred frost. some of the hardest hit reopening plays bouncing today casinos, online travel names boeing is giving a boost to the dow after a step to clear the 737 max to return to the skies apple underperforming. more on that in just a moment. 59 minutes left in the session with every sector in the green led by financials. >> looking like the best day of the year so far for the dow. two big interviews you won't want to miss speaking with kroger ceo rodney mcmullen it's having a best day since 1993 also talking to the head of five below ahead on solid results >> let's focus on the big stories to watch today mike santoli with a closer look at the rally and jon fortt with the apple demand story why mike, the broader markets up. >> not give on the steady rebound

." >> "closing bell" starts right now. >>> hello and welcome to "closing bell. i'm sara eisen mixed session on wall street the nasdaq under pressure heading boo the final hour of trade. >> i'm david faber in for wilfred frost. let's look at what's driving the action tesla, peloton, zoom weighing on the nasdaq 100 we did get positive news on the data front weekless jobless claims at 184,000, the lowest in five decades. crypto is having a rough session. bitcoin trading back below $50,000. >> wow peloton down 12% tesla down 5 three lawmakers at the forefront of global tech regulations talking to senators marsha black burn and richard blumenthal who led the hearing about protecting kids online and hearing from margrethe vestager of the european union. >> mike santoli is tracking the market action and sara has more on the amazon fine mike, let's start with what you are focusing on. >> the market regrouping after going up 3.5% in 3 days to start the week powerful rebound the low of last friday can probably be considered the low for a while but what's the head room her

before the closing bell rings.llish on the markets the s&p 500 is about to close at a record high. in fact there is a comfortable distance between what we need and where we are right now s&p is better by 35 points. we only a gain of 15 points. markets are higher with the nasdaq leading the charge up nearly 3 1/2%. this makes us want to spin forward right? markets merry, bright, in the green as christmas weekend is only a few minutes away. some have to work tomorrow but the markets are closed. our "countdown" closer has billions under management. he has three tech names bringing good tidings of joy to your portfolio in 2022. 70 billion in exact asset under management. michael vogel sang is here. let's get to the big tech names that you say are definitely sure thing stocks of 2022. >> look the context here is this. the market, the last two years have been christmas, liz. we've had unbelievable conditions, at great market prices, right? we already enjoyed dessert. 2022 could be potentially some vegetables to eat, righ

"power lunch" will be back ("jingle bells") ♪ (doors knocking and bells ringing to the music) ♪ - [announcer give the gift of grubhub. >>> i'm frank holland. here's your cnbc news update at this now the jury is out deliberating in the trial of kim potter, the former suburban minneapolis police officer charged with manslaughter for shooting and killing dawn day wright during a traffic stop she testified she thought she was using her taser. the prosecution told jurors they should hold her criminally responsibility for what it calls a blunder of epic proportions. >>> the biden administration is moving to make vehicles more fooel fuel efficient calling for a 40 mpg by 2026. >>> and a scientist at the world health organization says it is unwise to think that omicron is a mild variant that won't cause severe disease she says the early data from south africa may be misleading because there are high levels of immunity there she warns there could be enough cases to overurd abouten health care systems all around the world. >>> let's get to check on the the markets. the major indexes are off the lows,

"closing bell" starts right now. >> we'll see you have a good holiday. >>> welcome to "closing bell," i'm sara eisen wilfred frost is out today a third day of gains for stocks as we gear up for the final hour of trading this week let's look at what is driving the action durable goods rising more than expected personal income and spending both increasing in november. another covid antiviral pill approved for use this one from merck. and electric vehicle stocks surging. the whole space getting a boost after nikola said there are more to come. coming up on the show, john rogers outlining the big market themes he's watching the three stacks on his radar for 2022 and jeremy siegel weighing in on market volatility and why stocks could see returns of less than 10% next year. let's look at the stories we're watching this hour steve liesman wrapping up the economic data, what it means for the markets. meg, let's start with you. another milestone here for covid. >> yeah. so merck's covid drug getting clearance today. an interesting nod from the fda where they say it's cleared for adults 18 and

>> yeah. >> do you think that's significance >> yes >>> here's the opening bell. [ bell ringing ] >>> over at b of a, along with emerson and carrier. >> i like ge i did not appreciate the downgrade of honeywell, which i think is saying that the charitable trust owns it you may be able to combat the so-called headwinds. overall honeywell has reinvented itself ge, dave, we had used to think you shrunk to grow, j&j goes to 170, ge's breakup so far, you would say the reviews have -- >> underwhelming it's very interesting that both these iconic companies, say what you will, with incredible histories, ge and j&j in the same week made decisions to break apart. what they believe would be greater capital allocations. any number of things they would call -- and the market just didn't respond that is an exception to what we have seen in the past, from the shrink to groh country of plays, where there was quite a period of time, it would seem, you would get an enthusiastic responsibilities it is notable, the absence right now. >> you know, technologies emerges with raytheon, and then gives you thr

. >> "closing bell" starts right now. ♪ >>> thank you, rahel and tyler and welcome to "closing bell."'m sara eisen the major averages on track here for a second straight day of gains. we'll see whether they can hold in this final hour of trade. >>> and i'm mike santoli in for wilfred frost. let's look at what's driving the action today consumer confidence data out this morning showed an improvement from november's reading on the covid front, pfizer getting emergency approval for its antiviral pill. and hospitalizations from omicron are comparatively low. tesla leading the s&p 500 today after elon musk said he sold enough stock by now. sara >> for the s&p 500, tesla right up there coming up on the show, mohamed el-erian is here to weigh in on the market >>> first hand funds, kevin landis will join us with the stocks he thinks could outperform in the new year >>> first off, let's focus on the big stories of the hour. mike santoli is watching the stories of the hour. and meg tirrell will talk about the antiviral pill that received authorization this hour. >> today, unlike yesterday, it's

"closing bell" starts right now. ♪ >>> welcome to "closing bell."'m courtney reagan in for sara eisen. we head boo the final hour of trade. >> i'm jon fortt wilfred frost will join us in a moment let's look at what's driving the action uk confirming a person infected with the omicron variant died. it's spreading at a phenomenal rate energy is among the worst performing some of the meme stocks are hit particularly hard. amc and gamestop down sharply. 59 minutes left to go in the session. court? >> it's going to be a big show, jon. in a moment an exclusive interview. wilfred will join us with ceo games gorman we don't hear from him that often. >> bob pisani is tracking the moves at the new york stock exchange josh lipton at the nasdaq. bob, what are you looking at >> jon, again we are dependent on omicron headlines and take a look at the dow decliners all cyclical stocks dependent on the economy. see weakness in financials like american express and goldman sachs and a spattering of consumer names disney affected by omicron headlines. energy is a proxy

no bells will, but constricts what the nobel prize can developing to sir, to noble oh no. bells will actually instituted 5 prizes, not 60. and the prize in economics is a part of alfred nobel, as well as with medicine, physics, and chemistry, literature and piece. and are alfred and well, it's even more air conservative if you like, when it comes to her to who should get a price. it was actually to one person within each field. that's what it says explicitly in the will and, and they're the noble committee, both in sweden and norway and, and norway said that the price that is given out in or ways to piece price. and they've interpreted this a little bit more broadly so that it's right that now that, that up to 3 individuals can share a price or individuals combined with organizations. and so this is, are defined in the will air, but i think this is, sir, this is a valid criticism, especially for the science process where we see that, you know, scientific and achievement today are usually not the result of individuals but of larger groups. and that can, of course, be said all so for t