here at cnbc global headquarters. welcome to "worldwide exchange." here's your "five@5. >>> the deadly wildfires in l.a. continue to spread now burning in the famed hollywood hills. we have a live report this hour. >>> a tentative port deal is reached to avoid a strike from new york to houston. >>> chip stocks under pressure with curbs from the white house. >>> and quantum computing back from jensen huang. >>> and the nation remembers jimmy carter it is thursday, anuary 9th, 2025 you are watching "worldwide exchange" here on cnbc >>> good morning thank you for being with us. i'm frank holland. thank you for joining us on this day. i want to look at the live pictures right now these are some of the surreal and nightmare scenes captivating the world. this is a live shot of los angeles, california where wildfires are continuing to rage there are five fires burning and the palisades fire grown to 17,000 acres this is the most destructive fire in los angeles history. we will have a live report from the scene coming up later this hour. >>> first, a look at

cnbc's angelica peebles is joining me now.appy new year. >> happy new year, frank. 2025 is all about policy. there are a number of questions like how much the incoming trump administration will focus on pharma. what impact could rfk have as hhs assuming he is confirmed. what will happen to drug pricing reform? what important date is february 1st. that's when we get the next 15 drugs that medicare will negotiate the ices. we will have to see if this time around leads to bigger changes and which drugs make that list. one name that most expect to see is ozempic and the question is how will the trump administration take over that from the biden administration. for bio-tech, the focus is on interest rates and whether the sector can finally recover after a pretty miserable few years. the s&p gained 23%. investors pulled about $13 billion out of bio-tech in 2024 on top of $16 billion in 2023 according to piper sandler. we may finally have hit rock bottom. the data suggests that a rally could be on the horizon. a lot to look for in 20

here at cnbc global headquarters. welcome to "worldwide exchange." here's your "five@5." >>> nvidia ceo jensen uang teases the latest a.i. frontier calling it a multitrillion dollar opportunity. >>> investors and governments grappling with elon musk and his x feed and a warning what the next four years could bring. >>> a developing story as port workers and operators meet for weeks to avoid a strike. >>> and new development in china and u.s. trade sending shares in china sinking this morning. >>> and stock valuations from one very unlikely source. it is tuesday, january 7th, 2025. you are watching "worldwide exchange" here on cnbc. ♪ >>> good morning. thank you for being here with us. i'm frank holland. let's get you ready for the trading day ahead. the s&p and nasdaq coming off back-to-back winning days. the market is a bit mixed. s&p lower. the dow would open seven points higher. nasdaq is down 18 points. this action we're seeing here is after a very rare warning from the fed on the state of the stock market. comments yesterday, lisa cook offering

let's bring in the man that did that interview with eli manning, cnbc's alex sherman.t's a big interview, alex. >> i think eli manning spoke from a fan perspective, which is interesting, because not only was he a high-profile college football player once himself, but his nephew, arch manning, is currently a college football player, sort of going through the process. and i asked him during that interview if he's watching, and he said, of course i'm watching. i'm passionate about the game, i'm passionate about texas where his nephew was playing. but i think he speaks from a general sentiment of concern that many long-time fans of college football are now kind of going through mentally, which is that they still love the game, they still love their teams, they're excited for an expanded college football playoffs. but at the same time, this idea of the constant transferring and payment of athletes, it just rubs people the wrong way, and i think concern is the right general word. >> you can watch the whole thing at cnbc.com/sport. great stuff. >> can we say eli manning? forg

call me at 800-743-cnbc or tweet me at jim cramer.

. >>> welcome to "squawk box" on cnbc. the markets are closed today in honor of former president jimmy carter. we do have some trading. major stock index futures are trading at this moment. they will close out 9:30 eastern time today. the treasury market will be open until 2 pm eastern time. we have energy and metal future had currencies and crypto that will trade as normal throughout the session. with u.s. equity trading closed for the day, cnbc was special coverage of the funeral for jimmy carter. in the meantime, let's get a check on what's happening with u.s. equity futures. there are modest declines. dow futures are off by 26 s&p futures are down by about eight points this morning. the nasdaq, which has been down for two sessions in a row is indicated off another 30 points today. treasury yields have been the big story. that is what we follow yesterday. we watched the 10 year get up to 4.73%. that is the highest we have seen since april. this morning, they are lower. >> to the 20 year get over 5%? >> i don't know. >>

in singapore, sam vadas, cnbc business news. >>> china added ten u.s.irms to the list in arms sales to taiwan. the firms are banned from making investments from china. the head of equities is joining us today. i have to start with what we have seen so far in asian equities today thinking about the performance for china and a lot of pressure. do you think what we witnessed today is setting the tone for the reminder of the year in terms of performance for chinese equities? >> they rallied a lot in october and have consolidated since then. people are waiting for fiscal stimulus to come through. it is disappointing thus far. i expect that to continue. today, .4% is bearish for equities. last quarter was good after the fiscal expectation. i think there is more disappointment to come. >> investors kept getting disappointed with the fact there was no actual concrete detail about potential fiscal stimulus. how is that likely to drive the narrative also in 2025? we have their big meeting happening in march. it's perhaps that time we could see upside for chinese

all month long, cnbc has what you need to know. here is sharon epperson for the deadline on the i.r.a. contribution. >> you can contribute up to $7,000 or $8000 if you are 50 or older by april 15th and still have it count for the 2024 tax year. traditional i.r.a. contributions are tax deductible. roth ira contributions are not. for cnbc, i'm sharon epperson. for 44 years pt and i'm from flowery branch, georgia. when i have customers come in i recommend prevagen. number one, because it's effective. does not require a prescription. and i've been taking it quite a while myself and i know it works. and i love it when the customers come back in and tell me, "david, that really works so good for me." makes my day. prevagen. at stores everywhere without a prescription. at morgan stanley, old school hard work meets bold new thinking. to help you see untapped possibilities and relentlessly work with you to make them real. let's say you're deep in a show or a game or the game. and relentlessly work with you on a train, at home, at work. okay

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here at cnbc global headquarters. welcome to "worldwide exchange."five@5." >>> stock futures are higher ahead of a big week for economic data including the first jobs report of the new year. >>> global chip rally on the back of foxconn results and the fourth quarter. >>> jensen huang is taking center stage at ces tonight. >>> and later, two fed officials sound the alarm

yo soy silvana henao y este es su informe cnbc para telemundo.sempleo bajó a 4,1% de 4,2%. macy's cerrará 66 tiendas en todo el país. el plan general anunciado en febrero de 2024 incluye el cierre de un total de 150 tiendas de bajo rendimiento en un periodo de 3 años. se espera que las ventas de liquidación en backstage y furniture galleries comiencen en febrero. me dijo que los cierres permitirán a la empresa centrarse en sus 350 sucursales restantes y uber está ofreciendo viajes gratis para los adolescentes que no aprueban su examen de conducción. la oferta es válida para 6 viajes gratis, cada 1,1 valor máximo de 20 $ y solo para los usuarios con una cuenta uber tn, que es para adolescentes entre 13 y 17 años de edad. yo soy silvana henao y ese es tu informe cnbc para telemundo. muchísimas gracias, silvana. nos vamos a una pausa. pero al regresar usted se ha preguntado cómo diferenciar un operativo de ice y 1 de la patrulla fronteriza y sobre todo, cuáles son los sectores donde ellos se despliegan? tenemos la respuesta. más adelante también hab

yo soy silvana henao y ese es tu informe cnbc para telemundo.. united airlines comenzará a probar starlink, el servicio de internet satelital a bordo de la empresa de elon musk el próximo mes y espera ofrecerlo para la primavera. la aerolínea planea equipar toda su flota regional de 2 cabinas y tener su primer avión habilitado para fin de año en rutas importantes. united dijo que el acceso será gratuito solo para los miembros de mileageplus. revisando un plan anterior que preveía ofrecer wifi gratuito a todos los pasajeros y la feria tecnológica consumer electronics show que se lleva a cabo esta semana en las vegas, ya está dando mucho de qué hablar. samsung presentará sus dispositivos más avanzados incorporando la inteligencia artificial y la empresa ya reveló en su first look su nueva líne de smart tvs antes del evento, las cuales tendrán funciones como identificar un actor de una película u obtener traducción en tiempo real. también permitirá a los usuarios crear imágenes personalizadas que se adapten a sus gustos para las pantallas. yo soy s

jason a cnbc contributor. welcome to you both. before we get into the whole big picture, i wanted to bring up something that richmond fed president tom barkin said today and gets at this whole idea of the interplay between growth expectations, fed policy and interest rates. he essentially was pretty positive on the growth profile in general and essentially saying, you know, we can stay restricted for a little while longer, very wait and see type of messaging. he expects more upside than downside in terms of growth, labor market more likely to break toward hiring than firing. and bond yields did lift after this. you happen to think, megan, that perhaps the fed is going to have to be forced to do more cutting. why might that be? >> yeah, and i think that bergen's comments do summerize the gist of what we have gotten in terms of the tone from the fed of late. and our view is that relative to consensus expectations, we are a bit more concerned about growth and less concerned about inflation. we just do not see the ingredients needed t

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you're watching "squawk box" and this is cnbc. >>> welcome back to "squawk box" on cnbc.ment report ahead of the number let's bring in our jobs panel, sara malek, head of equities and fixed income at nuveen. ben harris, a former treasury official in the biden the brookings institute and our own steve liesman and rick santelli. steve, did we get your estimate. >> consensus 155, i think it's interesting whether or not there's some down side weakness that reignites this idea that maybe the fed might cut in the first half of the year. >> rick, i think anything that a lays inflation fears -- what what are you thinking? >> if we don't get negative job growth i agree with you, i think inflation issues and general supply debt issues around the globe are going to take preference. my guess on this number would be close to steve's, right around 160,000, close to expectations. i pay particularly close attention to average hourly earnings. i think that that gives us some types of glimpse into the topics of inflation. it isn't correlated there, but obviously if the incomes remain on th

here at cnbc global headquarters. welcome to "worldwide exchange." here's your "five@5." >>> the nasdaq trying to snap a four-session losing streak. why now is the time to buy. >>> elon musk to the rescue. the chinese government spit-balls the idea to the ceo. >>> rough ride for the transports. citi lays out the key themes to watch under president trump. >>> key week for the trump cabinet picks. >>> one relief effort for the california wildfires. it is tuesday, january 14th, 2025. you are watching "worldwide exchange" here on cnbc. >>> good morning. thanks for being with us. i'm frank holland. let's get you ready for the trading day head. we begin with the check of futures with the s&p 500 and dow on two-day win streaks, but the nasdaq on a four-day slide. the dow looks like it would open 140 points higher. the nasdaq is the best on the percentage basis. the s&p up just about .50 now. we look at the pre-market gainers. look at what is pushing that index higher. lennar up 4%. palantir, after pressure on stock in recent days, up 3% in the pre-market. f

thank you. >>> bring in adam parker a cnbc contributor. the '25 outlook and used to be a semianalyst in prior days. happy new year. >> good to see you. he has new year. >> you have a.i. related semis as a key part of yore market story for 2025. don't you? >> yes. i know you always accuse me of being a little biased towards the background in semis. it's true. i like semis over soft wear and know a lot of clients out at ces waiting and hanging on every word a like kristina said. a big event. jensen huang will get people excited going out and talking to the street. >> how do i want to think about mega cap this year? >> 33% of the market, s&p technology. the biggest position you have. in the portfolio. folks have to think about owning big positions in tech. you see today, a lot of the semi caps and some non-nvidia's semis lagged. they're catching up. other names you can own in semis where the risk/reward skewed to the positive. inventory for a lot of steels peaked and is coming down. you want to own the big names at least in the market weight

jeff kilburg is founder at kkm financial and cnbc contributor. all right, david, take it.hy are stocks shrugging off these moving rates? >> i think we have to factor in, why are yields going higher? the drawing on the board demonstrated certain periods of time where yields were going up or down based on expectations or fed policy, or based on inflationary pressures. that will have a big impact on stocks. most recently, yields have been going up based on growth expectations. if yields are rising based on growth expectations, we can get more comfortable around earnings growth. that is positive for stocks. if yields are going up because of deficit concerns, or because of inflationary concerns, you are going to see stocks fall. really, it's a function of what is driving yields, however, i would say that over time, lower yields favor the equity markets, particularly, longer duration equities like these mega cap tech names. that is something we will have to get used to. we will have to get prepared for hire, longer-term rates, higher rates across the curve as rates continue to n

that's your cnbc maga 7. >>> up next, i wouldn't hold your breath for the cnbc list there.quawk box" will be right back. arrggghh! ahhhh! [crashing sounds] we had everything we needed. is the internet out? don't worry, we have at&t internet back-up. the next level network for small business. ♪♪ i sold a pillow! >>> all right, welcome back, everybody. we are just seconds away from initial jobless claims data. we've been watching the futures ahead of that. dow futures were up by more than 120 points when we started the show at 6:00 a.m. now we've come back to about the flat line. treasury yields have been moving higher. the ten year was sitting at 4.71%. that's the first time we've been above that level in a very long time. so we've been watching, trying to figure out what to make of all of this. rick has been standing by. the numbers please. >> and these numbers are low on initial jobless claims. 201,000. 201,000. this is about 14, 15,000 less than expected. currently, it's 10,000 less than our last look at 211,000 unless there's a late-coming revision. but it does underscor

our cnbc nrf retail monitor.>> yeah, holiday shoppers finished the year with a strong surge that brought retail spending in our retail monitor up to nearly 5% percent combined year over year for november and december. let's look right now at december. retail sales ex auto and gas rising over november. that is the strongest monthly gain in the 27 months of data we have for the monitor. taking out restaurants as well showed an even stronger 2.2% gain. the data powered by real credit card spending from it affinity solutions showed a 7.2% year over year gain for our headline index and 8.4% for the quarter. the late thanksgiving meant december benefited from two key shopping days. the sunday after thanksgiving and cyber monday were both in december. they're usually in november. so we put the two together to see what the holiday season was like. the headline rising a robust 4.9%. the core up 5.1. a good christmas by any measure. the nrf saying, households are in decent financial shape as the economy remains on solid fo

call me. 1-800-743-cnbc. tweet me @jimcramer. you short this market at your own peril.

on the east coast, and you're watching "squawk box" here on cnbc.re still looking for people of interest related to yesterday's truck attack in new orleans. that's according to the city's police superintendent who spoke with the today show. 15 people were killed when an attacker drove a truck into a crowd of new year's eve party goers on bourbon street. the fbi identified the driver as a u.s. citizen from texas and a u.s. army veteran. he was shot dead by police after the crash. the fbi said other potential improvised explosive devices were found in new orleans' french quarter. president biden said jabar posted videos hours before the attack, saying that he was inspired by the islamic state group and that truck used in the attack also carried an isis flag. >>> futures on the first trading day of the new year, which we always look at january, early january. the first day of january, then the week, then the month itself and try to figure something out. it might have worked, maybe not. let's look at treasuries as well. those could be even perhaps just

and welcome to "squawk box" right here on cnbc.are live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. as joe mentioned, it is a jobs friday and we are awaiting that number just two and a half hours from now. it's pretty wide expectations about what that number might be. i think the range is anywhere from 120,000 up to 268,000. so there's some big guesses as to what that might be and obviously has a big impact on what the federal reserve will do from there. dow futures this morning are indicated off by just over 50 points. the s&p futures down by 1, the nasdaq indic

we'll go to cnbc for the new report. ? try pepto bismol. unlike some products, pepto coats and soothes your digestive system, to provide fast 5-symptom relief. stock up on pepto today. do i smell okay? [sniff] mhm. why are you shimmying? oh! unstopables has odor blocker so i'll feel fresh all day, even after a red eye. we all use unstopables. looks like he does too! smell unstopable. can neuriva support your brain health? mary. janet. hey! eddie. no! fraser. frank. frank. fred. how are you? support up to seven brain health indicators, including memory. when you need to remember, remember neuriva. >>> a key inflation report is due out in just a few hours. but first, could elon musk be in the mix for the future of tiktok? good morning, karen. >> good morning, frances. well, we knew that tiktok was going to dominate headlines this week. but who would have thought this could occur. elon musk reportedly in line, potentially, to buy the u.s. business of tiktok. the chinese government looking at that plan. according to bloomberg reports citing gov

here at cnbc global headquarters. welcome to "worldwide exchange." here's your "five@5." >>> stocks riding the longest daily losing streak in months. >>> a sector shakeup showing a sign of things to come. >>> why investors should be paying attention. >>> shares of u.s. steel are plunging on reports that president biden has made a decision on the proposed $15 billion takeover by nippon. >>> nearly one year since the boeing door plug blowout. >>> it's friday, january 3rd, 2025. you are watching "worldwide exchange" here on cnbc. >>> good morning. happy friday. thank you for being with us. i'm frank holland. we begin with the look at u.s. stock futures. s&p, nasdaq and dow. take a look at futures. the s&p is up .13%. the dow up .13%. 140 points. the nasdaq up about .50%. we want to look at the s&p 500 pre-market gainers. look here. the stock we see at the top of the list. cooper co and followed by las vegas sands. a gaming company. constellation energy. and the shift in leadership. you see the best performer after a laggard in 2024. you are seeing the m

cnbc's karen gilchrist is here with the details. good morning, karen. >> good morning, frances. nvidia really kicked off 2025 with a bang on monday. and that's new chips for desk tops and laptop pcs. the new chips known as ge force rtx 50 series will seuss the same blackwell a.i. architecture for these chips. it will be faster processing and better quality graphics as well as the ability to process large language models. now these graphics will come pre-installed on computers, costing around $550 to $2,000. and they will be available for shipping from march. this is nvidia going back to its gaming roots as it continues to pursue the lucrative a.i. data centers as well. elsewhere in entertainment news, disney announced it will combine disney+ live streaming versus with fubo. with the focus on entertainment and sports. this comes after fubo brought a lawsuit against disney over its plans to launch a sports streaming service, arguing it would be anti-competitive. there were no announcements on monday as to whether disney will do that. fubo stock soared. >>> still to come, is will s

here at cnbc global headquarters. welcome to "worldwide exchange."five@5. >>> the deadly wildfires in l.a. continue to spread now burning in the famed hollywood hills. we have a live report this hour. >>> a tentative port deal is reached to avoid a strike from new york to houston. >>> chip stocks under pressure with curbs from the white house. >>> and quantum computg

he's also a cnbc contributor.how today. >> happy to be here. >> i want to get your initial reaction to what we heard from mark zuckerberg. he mentioned that the steps they will be taking will be similar to x. what was your take on what he had to say? >> similar kind of take, frank. i think what we're seeing here is not super surprising, we're looking at a tech company who is basically saying listen, we have to make sure that we are not in regulatory harms way here and so it's been very clear that the president-elect has stated very clearly that listen, you are with us or you're not. so there is this retaliatory, sort of flavor out there that i think many of the tech companies responding to. it's not surprising, because i think it is pretty normal for most companies to say, you know, when a new presidential administration comes in, we want to make sure we are aligned for sure. what is critical here, frank, is the idea that this is really the critical question that facebook and meta has been facing for a long time,

here at cnbc global headquarters. welcome to "worldwide exchange." here's your "five@5." >>> stock futures are higher ahead of a big week for economic data including the first jobs report of the new year. >>> global chip rally on the back of foxconn results and the fourth quarter. >>> jensen huang is taking center stage at ces tonight. >>> and later, two fed officials sound the alarm over labor market risk adding the fight against inflation is far from over. it's monday, january 6th, 2025. you are watching "worldwide exchange" here on cnbc. >>> good morning. thank you for being with us. i'm frank holland. we begin this hour with the check of u.s. stock futures. wall street had a strong close on friday breaking a four-day losing streak for the s&p. taking a look at futures. you see right now the s&p up 28 points. dow up 70 points higher. that is fractionally higher on the percentage basis. nasdaq, the best performer in the pre-market, it is up .75% or more than 150 points. we look at the action in the s&p 500. you see at the top of the list. moderna s

here at cnbc global headquarters. welcome to "worldwide exchange."s your "five@5." >>> stock futures enter pressure to cap off a rough week for wall street. a driver today is the december jobs report and what it could mean for interest rates. >>> the reason behind donald trump's fixation and the possible outcomes. >>> and a.i. spending is boosting the

yo soy silvana henao y este es tu informe cnbc para telemundo.. lamentablemente, lo primero es bastante desagradable. este creador de contenido fanático de los packers decidió visitar el estadio de los eagles con su novia y el sujeto que vemos atrás se dedicó a acosarlos todo el partido, insultándolos una y otra vez. el video se hizo viral en redes y las consecuencias no tardaron en llegar. el equipo reconoció al fanático como ryan caldwell y decidió expulsarlo de por vida del lincoln financial field, además de entregar un paquete con mercancía de los packers a la seguidora que fue acosada. pero ahí no termina esta historia. la compañía para la que trabajaba este individuo decidió despedirlo de su trabajo por no cumplir con las políticas e imagen de la compañía. así que, como dije la semana pasada, no es tan difícil ir a un partido y portarse bien en cosas más agradables. eddie brown dejó demostrado el poder que tiene la nfl en este país. leyendo un libro en la banca, brown llevó un libro a cada partido y lo utiliza para enfocarse durante el mism

. >> make a deal with cnbc. it's going to cost them. next on power lunch, why ukraine is saying no to pollutants natural gas at least pollutants natural gas at least for now. i've 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! unbelievable. stop waiting. start investing. e*trade ® from morgan stanley. >>> welcome back to power lunch. great start to your trading, 2025. let's talk energy. natural gas prices spiked to a 52 week high earlier this week following reports of a colder than usual temperature forecast for january. that is what we call an understatement. we are supposed to get was called the polar vortex. i know. it's going to get really cold. could have two feet of snow in parts of virginia and maybe north carolina. they do great with snow down there. in the meantime, ukraine halting the flow of natural gas from russia to several european nations on wednesday. that brings an end to moscow's 60 year run of natural gas. 60 year

let's bring in cnbc steve lee smith and bryn. i will go to you first. big of a story is this now for the market? >> i don't think it will be a big story three months from now. i think maybe we move a little bit higher. we have seen these numbers before. we saw them in 2024 where we almost touched 5%. i think we will get a settling out after the inauguration. we have some more understanding around the policies and what actually will happen or the potential to happened but i think the bond vigilantes are sniffing out. the economy is strong. we have lots of unknowns from the new administration that seems on the surface to be inflationary. as we get rates to be higher, it will be a great opportunity. i don't think they will be there by the end of the year. >> the problem, steve, is not so much the level, it is not that we did not think we would be at this level when the fed started cutting rates in september. i am wondering how much you think the fed itself has been caught a bit off guard by all of this. >> i think they weren't expecting this. i would have

here at cnbc global headquarters. welcome to "worldwide exchange."your "five@5." >>> nvidia ceo jensen uang teases the latest a.i. frontier calling it a multitrillion dollar opportunity. >>> investors and governments grappling with elon musk and his x feed and a warning what the next four years could bring. >>> a developing story as port workers and operators meet for weeks to avoid a strike. >>> and new development in china and u.s. trade sending shares in china sinking this morning.

call me. 1-800-743-cnbc. tweet me @jimcramer. you short this market at your own peril. it's a couple of negative days. today everything rallied from the speculative to the sane. the animal spirits had no staying power to finish strong. by the end of the session dow up 340 and the nasdaq 1.77%. it was a welcome to the new year rally after what looks to be a couple of profit taking days and no more. the most salient driver of this move a plog post by brad smith, vice chair and president of microsoft how bright the tech future is and the company is investing $80 billion on a.i. data centers this year. that sent anything related to a.i. roaring. nvidia, the beaten heart of the data center that looked like it was having a coronary just a week ago. yes. here i am. this is called the pockets. with that in mind, the game plan next week, on friday we get the non-farm payroll report. the market has been roiled by a fractious ten-year bond that won't come down. numbers lower wage growth and disappointing hiring. that could bring down the yield in the ten-year and make people feel

the ceo was on cnbc earlier today. he talked about two fires.kelly, and the eaton fires. this is not the palisades fire. edison international does not operate in the palisades region. if you live in that area you get your power from the city, from the l.a. department of water and power. there was a 2007 malibu fire, and they talked about burying power lines because of that. not sure they got nywhere with that. by the way, edison, though is, is down because of the potential liability over the hurst and/or eaton fires which are on the the other side of the hill. if that makes sense. you have to know l.a. and the ceo was on and there is a fund. he said basically the fund is their liability is capped at the fund level, but the market cap of this company has lost over ten billion now over at this point. >> wow. there is a wildfire liability fund that was set up. a $21 billion fund that is there to help people impacted by the fire. although with a liability camp for investor-owned utilities in southern california edison, that is $3.9 million, and yet

our very own from our cnbc pro team is joining us with more.en looking at these etfs, tell us what you learned with this exercise. >> yes, i mean, the stock markets produced fantastic returns over the past couple of years. the s & p 500 was up 24% in 2023 and last year, 23%. that's a very rare thing for the stock market to be doing. it's only done this three times this century, so given that backdrop, it is incredibly different for active managers to out perform the market. now i've looked through the numbers and found a handful of et fs listed in europe that are actively managed. the jp morgan u.s. research, that has gone up 30% last year. that's about 6%age points more than the s & p 500. the other etf that managed to miss out on the top spot was the invesco, that has gone up 29.9% last year. now, all of these etfs have one thing in common. they are invested in global equities, mostly in the united states, but other parts of the world as well. so they all have dollar based assets in them. and the fact that the dollar was strong all of last ye

. >>> this is "fast money" with melissa lee, right here on cnbc. at morgan stanley, old school hard work meets bold new thinking. to help you see untapped possibilities and relentlessly work with you to make them real. ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ at state street, we know everyone's trying to get somewhere. ♪♪ take the next step toward your future, by investing in the s&p 500 with spy. getting there starts here. what if your mobile network wasn't by investing in the s&p 500 with spy. just built to work out here... ...but was designed differently to also give you blazing fast wifi where you are most of the time? reliable 5g, plus wifi speeds up to a gig where you need it most. xfinity mobile. xfinity internet customers, ask how to get a free 5g phone and a second unlimited line free for a year. >>> now to our call of the day. apple downgraded to a sell, calling the iphone maker decidedly unattractive. the firm cutting the price target by 14 bucks to $188, that implies a 22% decline. about analysts citing rich valuations, disappointments in the a.i. upgrade cyc

for that let's bring in cnbc's charlotte reed live from london.erday with both the nasdaq and s&p 500 ending positive for the second day in a row. what do you think we can expect today? >> well, good morning, ali. well, the stock futures are slightly lower this morning after you were saying the s&p 500 and the nasdaq closed higher for two days in a row. the dow underperforming closed lower yesterday. we have some economic data to watch today. job openings and labor turn. over survey expected a little bit later ahead of the all important nonfarm payrolls for december expected on friday. and just a reminder on thursday the new york stock exchange will be closed with a national day of mourning for former president jimmy carter. >> meanwhile, the biden administration, charlotte, is being sued after blocking a multibillion dollar deal for a japanese firm to buy u.s. steel. what's the latest with that legal battle? >> indeed, the two companies want the federal courts to scrap president biden's decision to block nippon steel, $15 billion takeover of u.s.

cnbc markets commentator mike santelli to break down the crucial moments.a downgrade at b of a. and digging into the big moves in crypto as well. michael, we'll start with you on a pretty ugly day. >> yeah, this market has been unable to settle down, to lock into gear and take advantage of seasonal tailwinds, new january money. the source of the pressure, we're talking about coming from yields, and also just apprehension as to what the yields are telling us, and whether it's really going to force a test of what the real economy can handle. i think that's the self-reinforcing anxiety here. very weak breadth over the course of the day. started strong and then weakened out. that being said, you still can't get away from the idea that there's this new year churn, buying laggards, selling last year's leaders. the best three stocks in the s&p last year were pallen steer, vista and nvidia. the three worst, walgreens, intel, moderna, all up. energy is up. you have this weird inversion instinct alongside a lack of confidence and conviction that's colliding with ever

here is your cnbc news update.bi says they've recovered three phones and two laptops linked to the u.s. army veteran who drove a truck into a crowd in new orleans on new year's day, killing 15 people. in a news conference updating the investigation, the agency said the driver, jabbar had acted alone. meanwhile, the fbi said it expanded the evidence search in the las vegas cybertruck explosion to colorado. federal agents went to a colorado springs neighborhood earlier this morning believed to have ties to the man who rented the cybertruck. the fbi said there was no connection between the two attacks. >>> and president biden is set to issue an executive order to permanently block new offshore oil and gas development in some coastal waters off the u.s. sources tell bloomberg the order could come within a few days and unlike other executive actions that can be reversed, biden's order is based off a 72-year-old law that makes it difficult to revoke. kelly, back to you. >> pippa, thanks. >>> 2024 was a breakout year for

sources are telling cnbc's david faber that there could be a potential emerging computing deal for u.s. steel that involves cleveland cliffs buying up u.s. steel for an offer that might be, according to sources, in the high 30s per share. only to take over the whole company and sell the division of u.s. steel to a new course steel, all three of the companies are in the green right now and u.s. steel by 7.5% in cleveland cliffs by four point sent. u.s. steel got blocks from nippon steel for national security reasons. on the interest rate side we continue to step higher for the benchmark 10 year u.s. treasury note yield. we are 4.776% now and we got as high as 4.805% earlier in the session and that would put you at the highest level going all the way back to november of 2023. if you're watching that move higher in deals over the last couple of months, keep an eye on the 4.8% range because we are approaching territories where may be some value buyers are in or will the bond vigilantes that have expressed concerns about our fiscal situation in the u.s. emerge victorious. i will send it bac

you're watching "squawk box" right here on cnbc.rew ross sorkin along with joe kernen and becky quick. the chinese government reported will considering a plan for elon musk to acquire tiktok's u.s. business. that's going to multiple reports. contingency plan, one of -- we should really caution here, folks. it's one of several options being floated inside of china that's possibly being explored as the u.s. supreme court decides whether to uphold the january 19th ban. tiktok spokesperson calling the reports pure fiction and it does not appear there have been meaningful conversations between chinese officials and bytedance about this. >>> s.e.c. charging two robinhood broker deals with security violations. two related dealers violated more than 10 separate security law provisions related to their brokerage operation, including failing to report suspicious trading in a timely manner. we'll get to talk about all this and so much more. we got a big exit interview with s.e.c. chair gary gensler will happen at 8:00 a.m. eastern time this mo

stay tuned, u' wchg quk x" and this is cnbc. (♪♪) what took you so long? 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 prudential has been helping protect people for generations. ♪♪ we helped the lost generation find their way. the greatest be great. we watched boomers grow. [laughing] we are x, y and z. and this january, a new generation begins. generation beta so, now what? we help protect their life's work, like no generation before. so they can live a better life longer. ♪♪ >>> welcome back to "squawk box." 11 members of the house freedom caucus board sending a letter to their gop colleagues saying newly reelected peaker mike johnson must prove he won't fail to deliver on president-elect trump's agenda. they write the following, they say they voted for johnson on friday, quote, despite our sincere reservat

give us a call at 1-800-743-cnbc. head to madmoney.cnbc.com. ♪♪ only servicenow connects every corner of your business, putting ai to work for people. pfft ... every corner? every corner, nick. ow! so kate in hr ... hey kate. can focus on people, not process. oh actually, i have a question ... keep up, nick. do you have to be sick to take a sick day? patty in it is using ai agents to deal with the small stuff, so she can work on the big stuff. agents like secret agents? secret agents i control. with your mind? you know ... i played a secret agent once. - we know. - oh gosh ... i liked it. over here, ai gives tina the info she needs to get the job done. nick, what did we say about touching? no touching. good. ai helps jim solve customer problems before they're problems. for reals? for reals. for reals. servicenow is the only platform that connects every corner of your business, putting ai to work for people. oh, so we all work better, together! my work here is done. excuse me, which way back? uh, follow him. let's say

cnbc update.final ides a deal for the hostages, the meeting to discuss potential deals to release hostages. >>> norovirus soaring in america, cases more than doubled last year because of a new strain of the virus for which of us have no immunity and apparently congestion pricing is working, the mta said an early read traffic in new york city down 7.5%, those by the way who don't live it, $9 tax it hits drivers in new york city below 61st and drivers coming from brooklyn and queens are going to pay a toll for the first time. but it's working in reducing traffic. coming up on "power lunch," facing down the government's debt problem. patrick mchenry will join us. >> i was all wound up about congestion pricing. i'll save it. we'll talk to mchenry. appreciate it. >>> two entrepreneurs are finding new ways to beat the market. frank holland, do tell. >> thank you very much for having me right now. they released a book today called "you deserve to be rich." the con-founders have thousands of views on yout

i'm jon fortt at cnbc

. >>> let's get over to kate rooney for our cnbc update.ate. >> oh,'s thing in a statement it is serious about reaching a deal as quickly as possible. meanwhile the white house said today the biden administration will make a final push to help broker a possible deal to secure the release of hamas held hostages in gaza. >>> mexico's resident new melle suggesting her country would consider receiving migrants if the incoming trump administration follows through on its promise of mass deportations. previously it said mexico would push for the migrants to be returned directly to their country of origin. the president did not offer details but did say mexico what collaborate through different mechanisms. >>> and finally, elon musk's spacex announced it would deploy mock satellites. this would mark the first ever payload test. spacex said the simulators will be similar in size and weight to the starlink. the test flight is planned for later. kelly, back to you. >>> the surgeon general issued a stark warning about alcohol consumption and increased

call me at 800-743-cnbc or tweet me at jim cramer. on a day when the dow gained 359 points and the nasdaq lost, we came to the san francisco j.p. morgan healthcare conference to see the future and i liked what i saw. i did not like what i saw when i watch the joe rogan experienced this weekend. with unfettered marks and took some shots. i would say cheap shots. i mean, just terrible. it made me want to throw a yellow flag. 15 yards for unsportsmanlike conduct. and of course with the semi conductor with so much trying to accomplish. and it came out this weekend with the number of gpu purpose with 18 friendly nations. we are trying to get as many advantages as possible and i admit it is okay. this 200 page set up rules is the hallmark of the biden administration's treating our businesses like the enemy. trying to work with all the friendly governments and not just 18. to create sovereign a.i. . he knows america can control everything and that's how powerful we are. and with other nations, he does not want to be the ugly american who dic