very, very good hands >> and you're not leaving. >> i'll be around. >> no, you're not leaving. >> bill griffethcome here >> mwah! >> "closing bell," right now [ applause ] >> welcome to the "closing bell." tyler just said bill was synonymous with "power lunch." all of us on the

. ♪ >> announcer: this is "nightly business report" with sue herera and bill griffeth. >>> stocks roarhe economy creates a lot more jobs than expected, sending unemployment to a 50-year low and thearket surges. >> deeper cuts. contentious opec meepgt results in cutn in product designed to prop up a troubled industad. >> hair day meet the entrepreneur who wants to make that athing of the p by shaking up the shampoo aisle. >> those stories and more tonight for friday, december 6th. >> good evening and welcome. the bulls i control of wall street. investors cheered the stronger than expected jobs report. a report that bolstered confidence in the world's largestmy. the rally was broad, energy, industrials and finan aals rose. dow components goldman sachs, jp morgan a and nike touching 52-week highs pushing the dow above a 28,000 with gain of 337 points np. the nasdaq added 85 and of the s&p 500 up 28. seema modi spent the day tracking the action at the new york stock change. >> stocks were off to the races after a blockbuster jobs beat day with the dow, s&p and nasdaq all sitting in rechid

♪ >> announcer: this "nightly business report" with bill griffeth and sue herera. >> i thinkn some wayst's beer to wait until after the electiona. with ch >>> president trump hints at a china trade deal delay until after the presidential election. rattling investors and sending stocks lower. >> going broke. as many as one in five small private colleges isacg financial stress. creating a new kind of college debt crisis. >>> giving tuesday, why manys americanre cutting back on charitable contributions. those stories and more tonight t"on "nightly business repor tuesday, december 3rd. >>> and we do bid you good evening, everybody and wepg. if wall street seemed quiet reemt well it's waking up. stocks fell sharply again today. this time after presidentrump suggested that there could be a delay in a u.s.-china trade deal. there were also reports the white house could move forward with the new tariffs on chinese goods that are schedul to take effect on the 15th. that created concerns about the fragile global economic recovery and pushed stocks lower again day with the dow down 280 points at t

>> announcer: this is "nightly business report" with bill griffeth and sue herera. >>> record finish, the major closing at a-time highs ashe bulls stay in control on wall street. >>> triion dollar deal, the house approves a massive spending bill that some are calling a big win for business. >>> and deliveryars. fedex cuts profit forecasts for next year as compeeation up and demand for faster service intensifies. those stories and much more tonight on "nightly business report" fortuesday, december >>> and do bid you good evening, everybody and welcome. sue is off tonight. investors have been in a god mood lately and continued today. stocks made new highs again as wall street welcome better than expected reports on the economy and more progress o trade. and once again, the gains may have bee slight, but it was stillood enough for more records. the dow a tayrages just a feign of 31 points to 28267. nasdaq rose about 9 and the s&p added just one point but closed higher a fifth straight session, the longest win streak in a month. bob pisani starts us off tonight from the new yorkck s excha

♪ >> announcer: this is "nightly businesseport" with bill griffeth and sue herera. >>> changes at theop. united airlines ceo surprises investors. cing he will step down after guiding the cpany through some turbulent times. >>> controversial drug, biogenl es new information on the experimental alzheimer's treatment and the results are complicated process. >>> changing the the nfl set it to file a petition with the supreme court appear could change the economics of how you watch football. those stories and more tonight on "nightly business report" for thursday, december 5th. >>> and w do bid you good evening, everybody, and welcome. there is a letteredship change tonight at one of the biggest airlin in the country. united c oscar munoz is going to step down after more than four years in that position. he oversaw one of thein stry's biggest turn arounds. it's still ongoing. he alsoou navigated t some challenges, including cost pressures, labor deals and pr crisis. shares of united fell a fraction today but the stock up about 60% since munoz took over in 2015. phil lebeau has more on the

with sue herera and bill griffeth. >> cool receptio the s&p 500 posts its biggest decline in nearly two months as investors look to avoid the december disaster of last year. >> click and shop. americans are expected to spend a record amount online this cyber monday. and some early winners are best known for their brick and mortar >>> money-saving moves. ome tax tips to help you g your financial house in orde t before year is out. those stories and much more tonight on "ghtly business >>> goodning and welcome. hi december on wall street. stocks started the week and the month lower following a strong performance in november. sentiment was dampened after a new report on the manufacturing sectorhowed activity contracted last month. optimism also faded after president trump said china still wants to make a deal the added quote we'll see what happens end the dow jones industrial average fell 268 to 27,783 the nasdaq down 97. the s&p 500 slipped27 bob pisani takes aook at what might lie ahead. >> reporter: stocks fell for a second straight day, down by weakness in key economic data. early on b

♪ >> announcer: this isnightly business report" with sue herera and bill griffeth. >>> long pause.heederal reserve signals it won't raise interest rates any time soon. shifting its snce on monetary policy as we enter the new ye. >>> blow to boeing, the fa. a chief says heot will allow the 737 max to resume flying as lawmakers demand changes at the agency. >> cash is king. and for the marijuana business it's everything. bu athere may be solution to the industry's unique problemto "nightly business rt" for wednesday, december 11th. >>> good evening, everyone and welcome. the economy is looking good. so for now it seems that the federal reserve is going o sit back and wait for any signs of inflation before it makes a move on interest rates. that was the take away from the central olbank's two-dayy meeting where interest rates re left unchanged. today's decision or perhaps better said non-decision follows three rate cuts this year, which was an abouface from from thet four inter rate hikes in 2018. steve liesman reports from the federal reserve in washington. >>> the federal reserve en

♪ >>nnouncer: this is "nightly business report" with bill griffeth and sue herera. >> market milestonethe nasdaq hits 9,000 for the first time ever and the dow and s&p close at all-time highs. 'tis the f season gift returns. and in a twist, that could actually be g at for retailer sales. >>> losing its aine, people leaving the golden state in droves. and it couldngeave a lasti mark on the world's fifth largest economy. >>> those stories and much more ton on "nightly business report" for thursday, december 26th. and we do bid you good evening, everybody and welcome. sue is off tonight. the rise ins sto just won't quit. wall street's three major averagt closed a record highs once again today. in fact the nasdaq broke tough 9,000 the first time ever. it now risen 11 straight sessions making it the longest win streak since july of9. 2 's been quit a trip to the 9,000 level. the index at 325 back in 1990 before the d bubble pushed it to 5,000 for the first time by thend of th decade. then came the huge decline leading to the 200 recessio in fact it didn't get back to 5,000 until only to be

now with their takes, kate rogers, bill griffeth, rahel solomon, all cool themselves first top, teslalimbing higher today. blasting past the $400 level another record high close yesterday. tesla, if you haven't been paying attention, is up nearly 60% over just the last 60 days and it's doubling down now to try to attract international customers with a new report that it will offer, get this, mah-jong games on the big screen in the teslas in china the games and videos would only be able to be played, rahel, when the vehicle is properly parked i think that is a positive. >> and i pass it on to kate because we were just talking act this and you said that you saw someone this morning was it recently >> watching a movie while he was driving. his phone was in the gps you know, holder. >> in a tesla? >> no, not in a tesla. he was watching a movie. but i think that's the issue when you are putting these things in cars who's going to hang out in their car and relax after work and play games >> believe me. at least they have auto pilot, which is semiautonomous. >> what's the point of having it

>>> this is "nightly business report" with bill griffeth and sue he> od evening, everybody, and welcome to this special edition ofgh "y business report." sue is off tonight. with the stock market closed this chrtmas day and 2019 wrapping up, it's a good time to take a look at the year ahead to figure out what may be in for the markets, the economy and your money. so that's what we're going to do tonight based on what we already know and what the experts so we begin with two reports on things we cover every day. steve liean will take look at the economy, but first bob pisani has the outlook for the stock market from the new york stock change. >> reporter: oil stocks bounce, rates go up and the direct listing craze will peak ree predictions for 2020. first, against all odds, energy stocks woutperform the s&p 500. it's been a lost decade f energy investors with oil stocks up to 6% in ten years but a combination o high dividend yields and relatively low earnings multiples will make severalom mnies muche attractive. bank of america believesl exxon mo could move up 50% to $100 ast sells asset

♪ >> announcer: this is "nightly business report" with sue herera and bill griffeth. >>>bounceback.tocks climb after yesterday's fall. but the self-impred decem 15 tariff deadline couldrove to be a pivot point for the market. >>> challenges ahead. a new report c says theing year could be very hard on housing for both buyers and sellers. >>> retail experiment. wait until you see the lengths one retailer is going to just to sell coats. those stories and much more tonight on "nightly business report" for wednesday, december 4th. >>> good evening, everyone, and welcome. another day, another trade headline and another move in the market. today the direction was higher on a report tha the u.s. and china are edging closer to a deal. as you know, the opposite happened yesterday. and as one trader put it, therk is like pavlov's dog. every time someone says trade deal the market goes up or down. 26149.the dow jones was up the nasdaq added 46 an the s&p 500 rose 19. but investor attention is now d turning tember 15th. that's t day the u.s. is set to impose fresh duties on chinese goods. bob pi

chu. >> yes, for rapid fire bill griffeth. here is what's ahead on "the exchange." >>> ahead, tesla has big plans in china sports betting gives atlantic city a boost >>> and bosses aren't getting 'sllhe o"tt raises it a aadn he exchange." when one student gets left behind, we all get left behind. this is a problem that affects each and every one of us. together with ibm, we created a whole new kind of school called p-tech. within six years, students can graduate with a high school diploma, a college degree, and a pathway to a competitive job. you know what's going up today? my poster. today, there are more than a hundred thousand p-tech students around the world. it's a game changer. apple card. is a new kind of credit card, created by apple, so it's simple and transparent with a new level of privacy and security. it lives here and here. and it will save you 6% on products at apple; like iphone, apple watch, airpods pro and so much more. ♪ apply in as little as a minute, right in the wallet app. apply in as little as a minute,

. >> i'm bill griffeth. have a great evening.w. ♪ ♪ nar ator: funding fothis presentation is man: babbel, a language learning app that teaches realconversations and uses speech recognition technology. daily 10 to 15 minute lessons are voicedy native speakers and they are at babel. b-a-b-b-e-l.com. narrator: funding was also provided by... the freeman foundation. by judy and peter blum-kovler undation. viewers like you, thank you. woman: and now, bbc world news. skeptical, to put it politely, about the temp

. >>> this is "nightly busine report" with bill griffeth and sue herera. >>> corporate shakeup. boeing's ceo is out as the fallout from its grounded737 max continues. what ins all m for the company and for boeing investors. >>> portfolio makeup. with stocks at record levels, why ketonight's m monitor thinks defensive and income are very impor for some stocks that she thinks you should aow >> industry wakeup? business is doi to fight off competition from mobile gaming and streaminges servic all that and much more tonight on "nightly business report" for this monday, december 23rd. and we do bid you a good evening, everybody. sue is off tonight. stocks again close at record levels. we'll get to that shortly. first, another shoe hashe dropp inongoing crisis involving boeing's grounded 737 max, and this te it fel in the company's c suite. ceo dennis muilenburgs out immediately. chan david calhoun will take over next month and investors reacted positively to that news sending shas higher 3%. phil lebeau has been following this. why now? >> reporter: bill, i thiwo there were things th

. >> i'm bill griffeth. have a great evening.ou tomorrow ♪ ♪ ♪ ♪ narrator: funding for this presentation is made possible by... man: babbel, a language learning app that teaches real life conversations and usesh recognition technology. daily 10 to 15 minute lessons are voiced by native speakers and they are at babel. b-a-b-b-e-l.com. narrator: funding was also provided by... the freeman foundation. leby judy and peter blum-k foundation. pursuing solutions for ec america's ned needs. and by contributions to this pbs station from viewers like you, thank you. woman: and now, bbc world news. laura: this is "bbc d

i'm bill griffeth.ings out i gladly defer to thean who for many years was synonymous with this program, the laet grate are great paul kangas. >> wishingll of you, the best of goodbyes. ♪ ♪ narrator: funding for this presentation is made possible by... woman: babbel, a language app that teaches real life conversations in a new language, like spanish, french, german, italian and more. babbel's 10 15 minute lessons are available as an app or online. more information on babbel.com. narrator: funding was also provided by... the freeman foundation. by judy and peter blum-kovler foundation. pursuing solutions for america's neglected needs. and by contributions to this pbs station from viewers like you, thank you. woman: and now, bbc world news.

>> announcer:is thi "nightly business report" with sue herera appear bill griffeth. >>> flexing its muscle. th m stockket extends its record on new signs the economy is strengthening. >> from bad toorse. boeing's troubles mount. but this time it's because thec any launched its new space capsule into the wrong osht. >>> finding, notasy with stocks at new highs. but the market monitor has a list of nimes you might want to conser. those stories and more ton onht "n business report" for this friday, december 20th. e> good evening, every and welcome. bill has the evening off. stocks powered to n t highs finish the week. putting the major averages on track for a blockbuster 2019. the trade truce with china last week put investors in a buying mood and the buying really hasn't stopped. today positive news on the econom helped lift sentiment. and by the close, the dow jones industrial was up 78 points to 28,455. the nasdaq rose 37, the 37th and the s&p 500 added 15. all major averages were higher for the week. >>> the economy appears to be regaining some of its footing. today we learned household s

♪ >> announcer: this is "nightly business report" with sueer h and bill griffeth. >>> historic vote.he 45th psident of th united states is set to become the third ever impeached,ou as h members spend much of this trading day debating the charges against him. drama, the nasda closed at a record. d the dow and s&p 500 sit near all-time highs. those stories and more tonightn ontly business report" for wednesday, december 18t > good evening. everyone and welcome. wall street's attention was on washingt today. as the house of representatives mod to impdech pre donald trump. despite the historic day in our nation's capital, the major averages made small moves finishing at o near all-time highs. investors grew uncomfortable with the scenario where the president is ieached and not convicted as many believe will be the case. thenuers, the dow jones fell 27 points to 28239.th nasdaq was up 4 closing at a record. and the s&p 500 was down ,one. >> y political differences were defitely on full display in our nation's capital. president trump called the im proegtds an assault on amewhca. e nancy p

♪ t >> announcers "nightly business report" with sue herera and bill griffeth. >>> phase one.he u.s. and china make it official. agreeing to a limited trade deal, removing what many consered a big uncertainty for the market. >> marke moronta looking for earnings growth to fuel your portfolio, well our guest has a list of names he says are buys. >> new breed of banks. tech companies big and small getting into the banking business. but how do you know if they're ght for you and your money? those stories and much more tonight on "nightly business report" for d friday,ember 13th. >>> good evening, everyo. and welcome. u.s. and chinese officials have agreed to a limited trade deal, g the all out tariff war economies?e two largest president trump removed the threat of new tariffs supposed to go into effect suny. and he rolled back some others as well. but not all of them. m beijine promising to purchase american agriculturalg s. it's an event investors have been waiting for. while sedcks ral sharply yesterday on reports of agreement today they moved only slightly higher but enough f

bill griffeth, rahel solomon and robert frank are here. shares of stitch fix jumping after beats estimates. the online personal styling service saw active clients saw 17% year over year revenue spiked 10% and the ceo talked about how it meets the needs of today's retail consumer >> i think the world wants a more personalize the offering. the days of retail saying this is the it thing and everybody should giant it, those things are gone people backth want wa people want to be unique >> and the stock up nearly 60% >> however, i would take the other side of that trade because if you look deeper into the earnings report, cash flow has been cut in half operating income, did you see that number? down 99% >> cash flow down 46%. >> meaning that their expenses are going up, meaning the cost of acquisition of these customers is still going up and that can't last forever. >> they have also made a lot of investments this last year, they have expanded into their uk, expanding their kids and men's business but their direct to boouy offerings have worked

. >> let's send it down to bill griffeth hi, bill >> hello, contessa here's what's happening in thisr president trump in a fiery six-page letter to house speaker nancy pelosi is angrily objecting to the house's two articles of impeachment. he accused democrats of what he called perversion of justice and abuse of power the house is expected to vote on those two articles tomorrow. >>> elsewhere, a judge has allowed lev parnas, the associate of president trump's lawyer rudy giuliani to remain free on bail there he was arriving in federal court in new york today. the government had argued that have parnas should be put back behind bars because he posed a significant flight risk. the judge disagreed. >>> air strikes and artillery shellings caused damage and killed 11 civilians. the increased strikes seem to indicate president assad's forces are preparing for a ground offensive >>> and ukrainian riot police clas clashed with members of nationalist organizations. a few hundred people had gathered to protest a draftland reform bill. 17 police officers were injured, 26 protesters were detaine

let's take a little bit more of a look at this with -- i want to talk to cnbc's bill griffeth. n this, bill. you kind of have to be like one of us guys who have been covering this for a long time to realize that the games at the end of this year if nothing unusual happens, these are the best gains we've seen in over 20 years. >> going back to 1997, which we all remember was the height of the dot com boom at that time. but this is a very different time right now. interest rates are much lower than they were back then. inflation is way down. the economy is just kind of moving along very comfortably. some of the head winds that we have been citing earlier this year for the stock market are falling by the wayside. the trade war with china, we have an at least partial deal right now. the fed have not been raising interest rates. they've been cutting rates. the international economy, they were worrying about how slow it was going. that's starting to pick up. so things are sort of starting to fall into place in the market. while we haven't had these major rallies that pushed us into re

here with their take on all of it dom chu, kate rogers is here bill griffeth wearing sneakers on a friday>> so are you. >> i'm wearing 'em, too. who you got? who are you wearing? >> who am i wearing? you want me to say >> yes. >> it's not an endorsement it's an online company called grates they're very comfortable. >> comfortable and reasonably-priced, no less. >> who are you wearing >> i'm wearing lon vans and they're unreasonably price but i got 'em on sale. first up, jmp giving shares of price target of $20. upside of 33%. the firm positive on snap's engagement in reach saying it's attracting more international users and reaching 90% of the hard-to-capture 13 to 24-year-old demographic. that stock up more than 170% just this year timing is everything because guess what that stock was at the ipo. >> but one of the things i thought was key about this particular view was all that stuff you just mentioned is drawing advertisers in that advertisers are finding more and more attractive qualities for snap as a platform so that's the reason why you're going to see that monetizable ability and

so, bill griffeth, you've been covering this company a long time is this a macro economic issue or ishis a fedex/fred smith issue? >> i did a little research this morning. look not only comparing fedex price performance for the last two years, i looked at ups, i looked at few shipping etfs, as well. fedex is the only one that goes south. everybody else either -- >> everyone else is up only fedex is down. >> especially, those shipping etfs they are booming right now and have been for the last couple years. so i don't think this is a macro issue. i think fedex is suffering -- and they even admitted yesterday that they've got higher expenses than anticipated but i think there's other things going on as well. >> they did also point to weakening global conditions. exactly. but like you said, it seems to be an independent performance operations. >> those would include these global shippers and they're not suffering right now. >> well, fedex did buy tnt, which is more of a global -- kind of a mini-dhl and you wonder if that's not been a working out deal for them. >> they made that acquisitio

here to break down the headlines, robert frank, meg, and bill griffeth. first is uber. long awaited safety report. it is the first of its kind from a gig economy company and the details are disturbing deirdre has those details and they really are changing deirdre. >> yeah, they absolute will are. let me give you a few of the highlights 515 incidents of rape or attempted rape last year 9 people murdered. 58 people killed in crashes. now, over the full two years that it tracked these incidents, nearly 6,000 reports of sexual abuse. but let us show you another screen because this is really, really difficult to put into context. these numbers are grim they're appalling. but we really don't have a lot to compare them to tyler, you said that first of its kind from a gig economy company but really this is the first of its kind in many ways we don't have even a taxi company's numbers to compare them to. we do have the national average of traffic accidents and fatalities, for example. and it is much lower but what this really tells us is there's so much we don't know about what

for that, we go to bill griffeth bill >> thank you, david.at's happening at this hour new york city bill de blasio met with the leaders of the lubeovich headquarters in new york city. he says hate has no place in new york city >> the nypd will be relentless the city of new york will be relentless anyone who commits a hate crime, anyone who commits a hate crime, we will find them and we will prosecute them no exceptions. and we'll make sure people are safe >> meanwhile, actress lily tomlin has become the latest celebrity to be arrested in washington while protesting climate change she was led away by police after joining her friend jane fonda on the steps of the capital as you know, the protests have become a weekly event organized by fonda under the title fire drill fridays. >> finally, the character popularly referred to as baby yoda from the new disney plus series "the mandalorian" has become a sensation while the baby yoda toy has become available for preorder, it won't ship until may and season two of "the mandalorian" won't be out until

. >> it's time now for a cnbc news update with bill griffeth. t's happening at this hour secretary of state mike pompeo tweeted a photo of him giving the oath of office to the new u.s. ambassador to russia. john sullivan. mr. sullivan was the person who told former u.s. ambassador to ukraine, marie yovanovitch, that president trump had lost confidence in her. sullivan replaces jon huntsman, who stepped down from that post in august to run for governor of u.s. next year thousands of civilians have fled the town of northern syria, following continuous bombardment and air raids over the past week by syrian forces the city sits on a key highway, linking damascus with the northern city of aleppo. >>> and down under, firefighters continue to fight those massive wildfires in australia around 200 of them are burning in four states, with new south wales alone accounts for more than half. >> we shouldn't underestimate just how much of the natural environment is being burned and that's got serious ecological impacts as well as the fire impact, as well. and

. >> bill griffeth >> [ applause >> come here >> mwah! >> "closing bell," right now [ applause ] >> welcome to the "closing bell." tyler just said bill was synonymous with "power lunch." all of us on the show wish him the very best in the future and delighted in the knowledge that we'll be seeing him stauchoften. having established and shown us how it's done, on and offscreen, you're an example to us all, particularly the younger members of the on-air talent like myself and courtney bill, thank you. >> you know, when the stakes and nerves are high, he's a mentor that's taught so much to so many of us, both directly and indirectly while his career can't be topped, bill also taught me to look at life as a three-legged fool, work, family and friends, and faith. hopefully, weapon fi find a newc here with his new position as anchor at large. >> you know what he would be doing, he would be telling you that we have 59 minutes of trade, and in record close watch. here is what's driving the action this afternoon. stocks hitting record highs once ag

it's time for our final rapid fire of 2019 and here with their take, kate rogers, bill griffeth, and morgan brennan thank you for being here again >> no, thank you >> our pleasure. >> thank you >> thank you very much >> we saw you earlier, and i saw you yesterday. >> two daysane row >> first up, the s&p 500 on pace for a record-setting year, and wall street has apple to thank among other tech giants. really apple, which accounted for more than 8% of total market gains in 2019. the highest of any stock apple shares, if you're not counting, up 85% this year on track for the best year since 2009 and that was from already like an $800 billion company. how do you go up 80% when you're worth $700 billion you go over a trillion >> who was the big market bellwether in the '80s ibm. big blue was the big one now apple is the big market cap. >> up more than -- it was at $140 if you calculated from where the lows this year, it's100% >> once again, technology is the leading indicator. it's no surprise we have been focusing so much on the fang stocks because that's where the growth is, the innovat