as far as dow dogs of the dow, jpmorgan is one of look at.aking so much money it can afford to pay out the dividend and still have plenty of room to grow, plenty of room to conduct buybacks when allowed to do that. there is plenty of room for growth and capital appreciation in the stock. jpmorgan would be one of the dogs of the dow buying into 2021. charles: i got to ask but the election. here is the thing, looking at the stock market, the message from the stock market, you see things like steel stocks are hire. you see things like caterpillar, names that would do very well if democrats were to sweep tomorrow and joe biden can do a gazillion , trillion infrastructure plan but the number one group, in fact the only winning sector right now is energy. energy should be the worst-performing sector. if wall street the took market believed there would be a democratic sweep tomorrow. so i'm saying this won't be a sweep. maybe a split decision but that is what the market is telling me in my mind based strictly what i'm seeing from the energy sector.

stock futures aren't bothered by it on the dow, but the technology names are getting hit hard dow futuresre up 48 points, but nasdaq futures are down 217. it is a rare day where we see technology futures down over 100. they are now down over 200 because technology trumping taxes as there is a belief out there by some that full democrat control of the government could lead to far more regulation for big technology and look at that, apple, microsoft, facebook and others are all down 1% or 2% we'll get more on this all throughout the hour. we also have to get an eye on oil. surging yesterday on what we'll call the saudi surprise. the kingdom shocking everybody by cutting 1 million barrels per day out of production at the opec plus meeting. the country saying it did so out of good will for many struggling nations. it sent oil up five bucks and up again right now and over $50 for the first time since all the way back on february 26th. you have the oil stock surging on that news as well, with the xle energy etf up more than 4% right now it is moving higher again up 1.5% to 40.33 and don't you f

tom: dow futures up 75? [laughter] jonathan: he's looking at the dow again. think that's the first time i've done it in five years, ok? the dow is up 70. 67 now. does that help? does that add any value to anybody's day? tom: it is a value add. [laughter] jonathan: come on. this is bloomberg. ritika: with the first word news, i'm ritika gupta. a delegation of house members took the next step in the impeachment process. lawmakers delivered the single article of impeachment against donald trump to the senate. that triggered the start of an unprecedented trial of the former president, accused of incitement to interaction -- to insurrection. new treasury secretary janet yellen is tasked with promoting president biden's stimulus package and hiring a new staff. she will be the first woman to hold the job. yellen argued it is time to act big, with deficit spending to avoid long-term problems. that argument was rejected by republicans concerned about the rising debt. the british government is considering whether to use hotels to quarantine travelers arriving in the u.

down 113 on the dow.speaker pelosi's announcement that in the house of representatives gender-based personal pronounce would no longer be okay. let me put that into english please. no more mother or father, son or daughter, sister and brother. oh, no, they are gender specific and not to be even uttered. instead it has to be parent, child, sibling. in the middle of a pandemic will that make us all feel better. to me, it is just plain silly. then, wait for it, then came this. roll tape. >> we asked in the name of mon owe theistic god, and god known by many names by many different faiths, amen and awoman. did you scratch that? no gender specific language. so amen becomes awoman. what? this kind of men sense makes this laughable. this is totally inconsequential and it is. i will sums up the failure of speaker pelosi in the last year, she cast consumed bring trump trade head nothing got done. elected to a fourth term yesterday, she will have a hard time getting anything done in the future. her majority is the

ashley: with that said, the dow and s&p in the red as the nasdac tries to shake off the aftershocks of ibm and intel 's disappointing quarterly results. this , as president biden, lays out new executive orders to help rescue the economy from the pandemic. blake burman standing by live at the white house with everything you need to know. the president getting some big assists in his push for 100 million vaccinations in his first 100 days from two surprising sources. retail giants walmart and amazon , mike levitt, former health and human services secretary under president george w. bush will tell us if big business is the key to solving the covid crisis. covid vaccines are needed more now than ever. british prime minister boris johnson now warning that the uk covid variant may be more deadly and not just more contagious than the original strain. we'll get into that as well, and airline stocks sinking on that headline, but we've got the market maven saying don't count these hard hit names out just yet and guess what? bitcoin looking to end a tumultuous week on a high note. as you can see

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dow up 87. anna could only imagine a comfortable night's sleep without frequent heartburn waking her up. now, that dream... . ...is her reality. nexium 24hr stops acid before it starts, for all-day, all-night protection. can you imagine 24 hours without heartburn? . . ♪. liz: closing bell 3 1/2 minutes away. number one, russell 2000 closes at a record. dow transports also at a record. the dow has to be up 89 points. that is right where we are to close at another record. 5g making the images on your screen supposedly faster, clearer. today's "countdown" closer says he has the may for both ends of the 5g development. dan gentner, rnc capital. five billion in estimates. he joins now. what does that play, dan? >> liz, we've seen a reopening trade showing in the market this year. clearly you had a significant change. energy is up 10%. you're seeing into the basic materials, seeing it in the financials and i think clearly you've got corning glass is going to be really strong into that. we're going to

dow off 627.♪♪ this is what community looks like. ♪♪ caring for each other, ♪♪ protecting each other. ♪♪ and as the covid vaccine rolls out, we'll be ready to administer it. ♪♪ >>> we've got a big market sell-off on wall street to end the week check out the major averages, all down a little more than 2% stocks on track for the worst week in three months all of the sectors are lower, both energy and technology leading th

we have a record for the dow and s&p. connell.e clinging to stimulus hopes it seems. stocks were climbing even though number of people on unemployment is elevated. if anything that number cases the case for more relief for american workers, more stimulus. now at the close the dow gives up its gains and closes down by about 12 points as it settles in here. the s&p 500 and the nasdaq are both higher. any gains at all today for any of those major averages would be another record high. we have second day i

look at the dow. okay, that, too. the dow needs 37 points. nasdaq needs just 73 points. we are up 39 for the nasdaq, as you can see the dow is up 49. all right. >>> hands down, speaking of the transports, which are roaring ahead at this hour, the airlines which are in the transports, one of the top sectors absolutely crushed by covid. delta suffering through its worst year in history, but one fourth quarter metric shows the light starting to flicker at the end of the tunnel. ed bastian is getting in the seat for us. we will ask him if he's hoping president-elect biden gives airlines a lift tonight. plus, will delta soon require negative covid tests on domestic flights? it's a can't-miss interview. >>> should government regulate the algorithms that propel news to your in-box every day? jeff flock's in the outspoken ceo of twillio, the silicon valley company that has a unique communication superhighway. he's here on why he thinks a crackdown is needed to lord over social media algorithms that dictate the news you read and consume. more on that in just a second. >>> first,

that's the dow jones.er indicator, s&p 500 is also down, not much, .4%, not a huge decline bearing in mind the politics of the morning. nasdaq, i expect a big drop and there it is, one and a quarter precent big tech taking it on the chin we will get into that in a second. i want to look at one group of stocks that we have discussed already, going straight up and that is the banks. moran, listed the reasons why the banks are doing so well. lauren: i'm going to give you two words, the first is the 10 year treasury yield, that's about 1% for the first time since march. two and three go to cover, stimulus, you made a point i have not heard that if the banks process-- profit they take these on the stimulus and i would be good for them, but if you have more money as a consumer or business you likely will pay down debt so that's one of the reasons we see goldman, j.p. morgan leading the dow jones and also american express is up. stuart: in the early days of the 3 trillion-- 2 trillion-dollar stimulus, i forget wh

the dow jones continues to fall. did warn of a bite in pregnancy-- presidency what it could do to the oil industry. remember this from the final debate? >> basically he is saying he will destroy the oil industry. will you remember that, texas? you want to kill the economy? get rid of your oil industry. stuart: that was president trump having a go at joe biden during the campaign. the jobs he was talking about argonne with the stroke of biden's pen. more executive orders on the way today. why that is bad news for blue-collar jobs coming up. ♪♪ at t-mobile, we have a plan built just for customers 55 and up. saving 50% vs. other carriers with 2 unlimited lines for less than $30 each. call 1-800-t-mobile or go to t-mobile.com/55. i'm susan and i'm 52 and i live in san francisco, california. i have been a sales and sales management professional my whole career. typical day during a work week is i'm working but first always going for a run or going to the gym. i love reading. i love cooking healthy. it's super important to

closed down the biggest winner on the dow, intel, on the ceo change biggest loser actually ibm, dow,bottom three. s&p 500 closing higher it was a bond proxy group that did the best the more defensive stock like utilities, real estate, technology has gotten lumped in there as well. tech had a good day. all leading the market higher. materials, industrial, energy the three biggest losers the nasdaq rallying just shy of a record close of 0.4 of 1%. the russell 2000 index of small caps after earlier hitting an intraday record high reversed, ended lower. value under performed. that is a bit of a change from what we've seen in recent sessions down 3/4 of 1%. as you can see on the screen, right next to the market, the house of representatives currently voting on the impeachment of president trump we'll bring you the latest on this historic vote and the impact on your investments on the biden policy agenda and much more coming up throughout the hour >>> plus what a debut for a firm that stock up nearly 100% after going public today just another extreme ipo pop coming up, early affirm investo

dow down 89. it was down 265 at the low. it came off the lows. at the close it finally snaps what was a record 11-session winning streak. last week alone tesla was up by 25%. today down by 8%.

dow futures, they're in the green.worldwide exchange" is back right afr isteth sofi made it so easy to pay off my student loan debt. they were able to give me a personal loan so i could pay off all of my credit cards. i got my mortgage through sofi and the whole process was so easy. ♪ express yourself ♪ ♪ ♪ express yourself ♪ ♪ i'm made to move. ♪ express yourself ♪ but these days, i'm not getting out as much as i'd like to. that's why i take osteo bi-flex. it helps with occasional joint stiffness, while it nourishes and strengthens my joints for the long term. osteo bi-flex. because i'm made to move. these folks, they don't have time to go to the post office they have businesses to grow customers to care for lives to get home to they use stamps.com print discounted postage for any letter any package any time right from your computer all the services of the post office plus ups only cheaper get our special tv offer a 4-week trial plus postage and a digital scale go to stamps.com/tv and never go to the post office again

dow only down 376.e were down by 700 at one point. >> apparently, a fair amount of buying set up on the market on close orders but looking at the internals, not as weak as you would expect on the new york stock exchange split of up versus down volume les than two to one to the down side considering we had a significant drawdown in the s&p. the nasdaq volume is positive. look at growth versus volume it underscores the idea this is not thematic, not in response to fundamental expectations s&p and growth value neck and neck all day this isn't about expectations changing over the macro, and then the volatility index, we talked about it earlier. it had a pop it seems very twitchy. we're down off the highs, a little over 27, and it shows you people are on guard for something. maybe any kind of further pressure would not come as a surpris surprise >> just under one minute left. thanks, mike quite a lot of intraday turnarounds in the u.s., including the dollar, which started weak, ends the day essentially flat,

that will do it for "the claman countdown" program the dow down 628. the screen it is time for "after the bell". connell: it is been a crazy finish to a crazy week, the frenzy continues withail inveinorves bidvessng backu b meop astop t otock s weewe b'vn w'vch wing wit tithe ds wuneerting agangstng n theowow rulategor are g,ll t'she l'sotot goi goi g o n we wilweilet a af o that, tt,hee gosg nbe nrsum t the dowhe dhele do t it wasown d47-pointehe si ssi tay, eh th&pown 73 wsearlrly 22%.2%. and eanvedn eve e 2%, 2-poi-p lr e wek, the

dow jones went straight up.f that's maintained, but we will not ignore the economy and in particular at the housing market as its booming. let's get the latest on mortgage applications, lauren. lauren: they were up 3% on the week, 15% on the year, but where we saw the slowdown was in refinancing. that fell because rates and on the stimulus talk rates have been moving up the past couple of weeks and mortgage rates fall of the 10 of the trends are the same with people still looking to move preferably to newer bigger homes in the suburbs, stuart. stuart: thank you. president trump operation warp speed, i call it a big success. distribution, and occupation process, not so successful in the states and dr. marc siegel is with us this morning. are we going to see a change in this with president biden? >> well i think we will see evolution, but i don't know it has to do with president-elect biden coming in. stuart, we are already at to 30 million doses of the vaccines distributed and that's in keeping with what biden is

the dow set to drop 250 points at the open. nasdaq, the most deeply impacted, the tech heavy index e trading lower despite lower reports. check out the volatile short squeeze stocks we have been watching all week. eye popping numbers here, gamestop up more than 100%, bed bath & beyond up only 17% right now, if you look at cost corp., one of the companies that has a lot of people scratching their head, there's thoughts this is about nostalgia, where does koss corp. come in, shares up 11 percent. let's not forget it is still earnings season. let's get a check on some of the stocks moving on quarterly reports. s.a.p.'s 4th quarter net profit fell the software maker confirming declines in operating profit and revenue which it preannounced earlier this month reiterating the guidance this year, saying the shift to the cloud will drive long-term growth visa, beat forecast as payment volume rebounded the company announcing an $8 billion stock buy back. visa is not providing guidance for the year due to the covid crisis like many compan

stacey, we appreciate it >>> on deck, the dow, the s&p and the nasdaq and dow transports all postingy. so, how should an investor be positioned as we start this new week we have a few ideas coming up next. >>> if you haven't already subscribed to our new pod casts, "worldwide exchange" every day in audio form. if you missed us, check us out on apple, spotify or other podcast forms. pay off my student loan debt. they were able to give me a personal loan so i could pay off all of my credit cards. i got my mortgage through sofi and the whole process was so easy. ♪ express yourself ♪ ♪ express yourself ♪ ♪ express yourself think you need to buy expensive skincare products [♪] to see dramatic results? try olay skin care. just one jar of micro-sculpting cream has the hydrating power of 5 jars of a prestige cream, which helps plump skin cells and visibly smooth wrinkles. while new olay retinol24... provides visibly smoother, brighter skin. for dramatic skincare results, try olay. and now receive 25% off your purchase at olay.com brand power. helping you buy better. >>> welcome back stocks l

there it is, dow's positive by 4 points. the headline number was bad enough, non-farm payroll fell by 140,000 in december. while we did see upward revisions two prior months, two sectors got absolutely crushed in this latest report. leisure and hospitality suffered a loss of 498,000 jobs and as new covid lockdowns and transitions took -- restrictionses took hold, the restaurant industry saw 372,000 jobs vaporized. can the stock market continue to celebrate? and should your portfolio celebrate? let's bring in wall street's most followed and closely-widely looked at economist, allianz chief economic adviser mo happened el-erian. considering most of the carnage came from that travel, leisure and restaurants, what message are you getting as it per talk abouts to people's portfolio positions? >> not much about the portfolio. what it tells you is the economy weakening. i am worried that the next job report will also involve job losses, and that is coming at a time when the labor market is already suffering. so the economy is weake

dow jones industrial up 37 points. big-screen return bigger than the next installment of daniel craig's james bond, movie theater chain amc telling investors and customers no time to die, at least not yet. amc ceo adam aron is here on how he fought off the bankruptcy world to live another day. closing bell ringing in 28 minutes were coming back with the incredible story but right now we don't know how that movie is going in. stay tuned. en a hailstorm hit, he needed his insurance to get it done right, right away. usaa. what you're made of, we're made for. usaa nicorette knows, quitting smoking is hard. you get advice like: usaa. what you're made of, we're made for. just stop. get a hobby. you should meditate. eat crunchy foods. go for a run. go for 10 runs! run a marathon. are you kidding me?! instead, start small. with nicorette. which can lead to something big. start stopping with nicorette (calm music) - did you know that americans that bought gold in 2005 quadrupled their money by 2012? and even now, many experts p

the dow down 533 points right now. concerns about the vaccine rollout a big reason travel names like carnival cruise, marriott and alaska air getting crushed with declines of more than 5% and look at chipotle, starbucks, and yum brands all down today as well. it's not just the food you eat out. the big package eat at home companies are also lower pepsi, kellogg, and kraft time it's to some extent covid related, there are declines everywhere you look. >> tesla up more than 700% last arye, continuing its run on the first day of trading of 2021 we'll tell you why it is bucking the downtrend as "power lunch" returns right after this h for more business. seriously, i don't have the bandwidth. glitchy video calls with regional offices? yeah, that's my thing. with at&t business, you do the things you love. our people and network will help do the things you don't. let's take care of business. at&t. to listen, is to hear more than what's being said... and offer the answers that make someone feel truly heard. i understand, let's

gerry: the dow is down for the fifth straight trading day. nasdaq is

we were down 750 in the dow.583 on track for their worst weekly performance since october. the s&p right now down 1.8%. the narrative continues to be driven by the retail mania, game stop and other names which are higher today after robinhood is letting people trade them. is that what is causing the declines we are seeing today and the rest of the week >> i would say it is one of the trigger points far what was a market that was riding at high that seemed like it had fully allocated long positioning across the board and probably needed a readjustment. you do have a new source of unpredictable volatility coming out of these stocks a. tremendous am of the daily volume has been coming out of these couple of stocks that have been moving 40, 50, 0% a day that causes traders to evaluate risk tolerances and they are selling off easy stuff to curtail risk exposures that seems to be what is happening. it is hard to derive macro action this week because it is not following along with a theme, whether it is reopening arc fl

dow futures up 82. pay off my student loan debt.re able to give me a personal loan so i could pay off all of my credit cards. i got my mortgage through sofi and the whole process was so easy. ♪ express yourself ♪ electoral college win. ♪ express yourself ♪ > hard as it may be to believe, stocks continue to move hire and futures are up again dow futures up 55. and many of you especially if you are newer to the markets or investors, may be wondering why or even how stocks can go up given everything we witnessed yesterday. it is because of this, the markets look forward and the markets collectively see better days ahead for the economy and for american bringusiness. and here are some of the reasons that stocks are going up number one, we are looking forward. the pandemic will end. vaccines are on the way as frustrating as it may be also the economy and earnings are on the mend especially in the second half of the year into 2022 fiscal policy, monetary policy especially with this new incoming congress controlled by the democrats is beli

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out of six weeks we've seen the dow closing higher the s&p was up a little bit more than the dow itof four weeks weave seen the s&p higher. then you had the nasdaq setting a new record high on friday.

check the dow. it is up 138.oints below where it needs to be, still up 200 points for a record high. it has to be up about 203. investors getting ready to bing on netflix fourth quarter results. to cheryl casone. give us a preview. reporter: there you go, okay. we have the queen's gambit out, "the crown," a lot of buzz. expectations are pretty high after the bell. buck 39 with revenue of 6.63 billion. again the stock is moving higher as we move into the earnings coming out in just a few moments. right now up 2 1/2%. netflix kicking off megacap tech sector. eyes laser focused on sub desirer growth every quarter. analysts expect 6.1 million new subscribers. covid behavior, pandemic and more original content should have helped netflix add more users. canaccord analyst expects 6.3 net subscribers that is the on the high-end. dramas, remain the most popular drama due to the success of the "the queen's gambit" and "the crown." streaming wars underway, disney plus, amazon prime, the news paramount plus is launching. all

is dow chemical getting pricing power?anies are important, but you know my largest position is boeing that one will also be important and ge will tie into that, right? in terms of the aviation division both stocks have had a nice recovery off the lows into the beginning parts of this year it will be interesting to see the reactions. the other thing i'm looking at is really the consumer globally. american express and mastercard report this week we know the consumer spend has been kind of disappointing, especially for american express. these are reopenings, so i want to hear what they want to say about the global consumer. those are the two segments this week that i -- >> i wonder how you see it, giving the fact that we are really getting under way with this earnings season one of the things we have seen, that the estimates were so much lower than the numbers that actually came in that's what happening when you have an enormous amount of liquidity and low interest rates, right? that's fuel for the risk-on trade, which means

followed by jpm, amex goldman and the dow. dow is up 222. hey, dad! hey, son!s a video call. you got to move the phone in front of you like..like it's a mirror, dad. you know? alright, okay. how's that? is that how you hold a mirror? [ding] power e*trade gives you an award-winning mobile app with powerful, easy-to-use tools and interactive charts to give you an edge, 24/7 support when you need it the most and $0 commissions for online u.s. listed stocks. don't get mad. get e*trade and start trading today. how? they have a better finance system than we do. i feel like they might have a better finance system than we do. workday. how do they make better decisions faster? workday. got to do something. workday! i think i got something. work... hey, rob, you're on mute. hello. [all] hey... there he is. workday, the finance, hr, and planning system for a changing world. ♪ch-ch-changes the rx crafted by lexus. get 0.9% financing on the 2021 rx 350. experience amazing at your lexus dealer. >>> time for stock trading with jim. >> i think a lot of people were laughing at

sue her rara >> the dow and s&p are hitting highs regardless dow up nearly 600 points and this with 300 of ppp funds to become available to help small businesses. some of them have lingering concerns about the program what the rollout and the demand for aid could demand for aid could look like coming up. >>> you can watch us on the go using the cnbc app incomparable design makes it beautiful. state of the art technology makes it brilliant. the visionary lexus nx, lease the 2021 nx 300 for $359 a month for 36 months. experience amazing at your lexus dealer. >>> welcome back to "the exchan exchange." mobile gaming stocks are spiking after an announcement by new york gmayor cuomo. >> he says the state's need for new text revenue is behind his decision look at how the gaming stocks have reacted this has calmed down from earlier today. boyd gaming up 5.5%. draftkings up almost 5%. bally's up, churchill and mgm is popping. gan, a tech provider for multiple gaming providers like churchill downs, fanduel and wynn it just launched on the nasdaq last year. it's up almost 12% today the ceo told me

earnings just out from dow component verizon.tations by 4 cents with adjusted quarterly profit coming in at $1.21 a share. revenue beating the expectations verizon did add fewer than expected post paid phone subscribers. the stock down by 12 cents and the company is saying that on an adjusted basis it's looking for full year earnings of $5 to $5.15. that's better than the street was expecting. street was at $4.98. cap ex spending 17.5 to $18 billion and that includes additional rollout of 5g the adjusted effective income tax rate they say they anticipate being 23 to 25% and that's pretty interesting because taxes is what we've been talking about. will there be higher corporate taxes. expectations if they raise taxes in washington, the first place that would be would be on companies. so to hear that these are their expectations for the year based on an effective tax rate of 23 to 25%, that's interesting hans vestberg is going to be coming up on "squawk alley" at 11 a.m. eastern. very interesting take a look at another dow componen

the dow, s&p and nasdaq as used cr firmly in the red with the dow jones off more than 300 points. president elected joe biden expected to unveil his covid relief package we will tell you what that means for your money. big lineup as always with the governor mike huckabee joining us, judge paris and hero, and our good friend steve forbes. it's the second week of 2021 with another busy newsweek. "varney & co." begins right now. ♪ ashley: the great late david bowie, grew up listening to david bowie and he is best. let's get back to your money and bring in right away our market guy, keith fitz-gerald. keith, good to see you with futures as you seek pointing lower. we are in the second week of 2021 and well, may be an extension of 2020 right now with a busy week. how do you think the markets are, you know what are you watching the most on these markets, are we at the point of-- irrational exuberance as a famous fed government once called it. have we reach that point of irrational? >> no, i don't think we had. i think certain assets can, but people forget markets have to go up and down

the dow is up 126.o change the subject away from politics and a mountain of money come towards wall street. i'm bringing into gregg smith because gregg smith is putting money into a company called new wave products and new wave of products has come up with shrimp, the shrimp beyond meet. greg, i'm not laughing at this, but i'm intrigued at the idea-- great is a successful investor putting money into synthetic fish, synthetic mollis. explain yourself. >> good morning. i grew up on a diet of pizza and hampers and i look at my two teenage kids and they are focused on health and nutrition. they read the labels, nothing i considered doing as a kid. stuart: let me break in here, exactly the same. i was brought up on fish and chips, canned food and store-bought apple pie and my six kids are all foodies. >> and they make fun of you. stuart: they do, actually. continue. >> looking at the younger generation and that brought me too invest in beyond meet when he was a private company and today i have made investmen

it's a dow component.e was for a gain of seven cents. they came in with with adjusted loss of a penny. stock down half a percent. revenue, a little bit lighter than expected. the estimate was 26.2. they came in at $25 billion. again, the stock is moving to the downside just a little bit. venezuela is one of the big topics with this company. they're talking about the international numbers and operations. they do have a good cash balance on-hand right now, though, and debt. about 5.6 billion. that's actually a good thing. u.s. refinery crude oil output in the fourth quarter down 17%. you used to cover oil and gas. you know what i'm talking about on these numbers. given, we're getting these numbers crossing on chevron. they did declare a dividend last night. least we've got that, of a buck 29. the board approved it ahead of earnings. chevron just picking up a little higher. dow component, wanted to get that to you. jackie: i see that. part of the miss probably the fact that the pandemic has basically tamped d

those two are dow stocks and they are taking 100 points out the dow industrials.ong with these two? lauren: you set it, old tech plays and they are struggling to compete in the new world order. ibm, quarterly sales fell six half percent to 20.37 billion. they are struggling in the cloud. their corporate customers are holding onto their cash during the pandemic. it's a bit of a different story with their 2020 sales hitting a record high, almost $70 billion. work from home is great for them. big demand for their pcs and chips the pcs use, but the stocks are still down big as investors are worried they have been surpassed by their peers. you can argue intel silently acknowledge that because they say we are going to outsource more of our chip production, so look at these declines with ibm down almost 10%. combining at least 100 points from the dow. stuart: if it wasn't for ibm and intel the dow jones would only be down about 70 points and that's not much, right there at 31000 as we speak on the dow jones. lauren: do they stay in the dow jones is the question. stuart:

those are record finishes for the dow, the s&p 500. f

you have a split market right there for the dow industrials.lly up 26 points in the first few seconds of business and as for the s&p 500, that has opened a slightly higher, just like the dow jones. i think it's the same story with the nasdaq even though you have a weakness in big tech we have the nasdaq up almost a quarter of 1%. when outstanding stock this morning's console energy up nearly 5% ashley, there has to be a good reason for a big move in an energy stock like that. ashley: there is, it's because david einhorn, one of the most watched hedge funds managers reports close to 12% in consol energy and passive meaning a long-term investment, a buy and hold the strategy of which he is famous for, but it's especially interesting as consol is a pennsylvania-based coke company and an industry we know has been targeted by the incoming biden administration, but it didn't really come out of left field. there has been a long-running interest in consol with the stock up 4% this morning. stuart: fascinating move. he knows what he's doing and he's rea

this is a dow component.p of the hour right now. president joe biden signing another flurry of executive orders today. today's theme will be racial equity. there will be more coming the rest of the week. the executive orders focus today on improving prison conditions and promoting equality in housing. president biden expected to establish a policing commission and reinstate obama era rules on the transfer of military style equipment to local law enforcement. this is after he signed buy american, that order was yesterday. it supports american manufacturing and jobs. well, impeachment 2.0, house managers delivering one article of impeachment against former president trump to the senate last night. they are accusing him of inciting the capitol hill riot on january 6th. senator patrick lehi set to preside over the trial following chief justice roberts' decision not to participate. covid cases could be on the decline. that's according to a new tally from reuters showing u.s. cases dropping upwards of 21% week to w

bounce back following last week's losses the s&p 500 and nasdaq both shedding around 1 1/2% while the dow down nearly 1% during that same time span. that marked the worst week for the three major indexes since october. this week investors will have plenty to chew on with a slew of big earnings names out today, we get results from the likes of bank of america, goldman sachs, charles schwab and netflix after the closing bell later in the week, as you can see there, it's names like morgan stanley, united airlines, ibm, and intel so let's also get a look at the bond market right now. the yield on benchmark ten-year treasury notes, currently trading just a hair, well, that's wti crude, and we are now looking at some of those moves for those futures and ten-year note yields about 1.1% two-year note yields, 1.4%, and 30-year t bonds, 1.85% you can see oil prices higher. wti crude, 52.58, ice brent crude, up 1.2%, 55.42 the last trade there. in the last hour, the iea is out with a report cutting the 2021 oil demand outlook citing covid lock downs that are hurting fuel sales and you can see that's

the nasdaq meanwhile climbing nearly 3/4 of a percent to close at a new record high the dow pretty much ended flat on the day as you can see there. yesterday's session was marked by very wild swings in heavily shorted stocks including game stop, amc entertainment, blackberry, bed, bath and beyond, among others as retail investors and day traders started betting against funds. the battle was huge. the premarket trades you can see still very wild today as well. we also want to look at the bond market we are seeing a slight move in yields, benchmark ten-year treasury yields. you can see 1.05%. a slight tick higher, and the 30-yearlong bond 1.81%, the last trade there. let's go worldwide, despite the record set on wall street, the stocks finishing the day with steep losses in asia the nikkei falling 1%. the shanghai down 1 1/2.and kospi and korea, down 2% let's swing that globe around and look at the early trade in europe green arrows across the board, led by the german dax, up 1 1/3%, the ftse 1/2 a%, and predominantly green in terms of trade for the european session so far now to this mor

the dow today above 31,000. from the congress signed to be controlled by the democrats. that is fueling hopes for economic recovery and no matter what is happening in washington. i'm connell mcshane back in new york. welcome to "after the bell." i want to get straight to the news happening at this hour. ♪.

the dow is down about 351.nd battling it out, and the retail investors have been winning in a big way, and gamestop is up 122% or $180 and amc and koss corp, and express and who wants to join me with a skinny tie and go to mall and peg our jeans? all of those names are being traded in a big way. let's talk about the macro environment, and his new spac and everything in between is ceo bob diamond of atlas capital and chairman of the new spac, concord acquisition, bob, and what a day. appreciate you coming on. and going back and forth and glad to have you on, and someone who ran a big bank and big trading operation, and when you are seeing what is going on between the davids trouncing the goliaths in some respecting with the stocks, how are you taking that in watching it in? >> well, i'm a bond guy, and i have been watching it with interest all day. and so what i have been doing is try to keep the staff off of the screen, and everyone is following it. it is, i'm trying to get everyone back to work. >> do you thin

dow jones up about half of a percentage point.t the ♪ ♪ ♪♪ ♪♪ sofi made it so easy to pay off my student loan debt. they were able to give me a personal loan so i could pay off all of my credit cards. i got my mortgage through sofi and the whole process was so easy. ♪ express yourself ♪ ♪ ♪ express yourself ♪ ♪ i'm greg, i'm 68 years old. i do motivational speaking in addition to the substitute teaching. i honestly feel that that's my calling-- to give back to younger people. i think most adults will start realizing that they don't recall things as quickly as they used to or they don't remember things as vividly as they once did. i've been taking prevagen for about three years now. people say to me periodically, "man, you've got a memory like an elephant." it's really, really helped me tremendously. prevagen. healthier brain. better life. stuart: the worst on prices at this friday when we open the markets in a couple minutes, down almost 200 for the dow jones industrials. i want to show you poshmark and petco and these are today's

i wanna go dow swingin' ♪ ♪ i wanna go down har with all my hear i wanna go dow i wanna go down ♪ ♪eart ♪ ♪ yeah yeah i wanna go dow i wanna go dow swingin' ♪ ♪ i wanna go down har with all of my heart with all of my heart ♪ ♪ with all of m swingin' ♪ ♪ [ cheers and applause >> jimmy: yes, yes >> we did it, jimmy! >> jimmy: you did it >> the roots >> jimmy: you did it, buddy! thad cockrell! [ cheers and applause more tonight show when we come back the roots, everybody yeah fantastic! [ cheers and applause ♪ ♪ >> jimmy: my thanks to susan sarandon, jj watt, thad cockrell, and the roots [ cheers and applause thank you all for watching stay safe out there. wash your hands. don't touch your face. wear a mask. stay tuned for "late night with seth meyers. goodnight, everybody [ cheers and applause ♪ ♪ ♪

out of six weeks we've seen the dow closing higher the s&p was up a little bit more than the dow it was up by 2%. that's the third out of four weeks weave seen the s&p higher. then you had the nasdaq setting a new record high on friday. it's been up significantly, too. last week was a big gainer, up by 4.2%. the russell 2000 setting a record high on friday. the russell 2000 has been up for 11 out of 12 weeks you have to keep your eye on the small cap stocks let's take a look at what's been happening with the treasury markets. as joe mentioned, this is the busiest week we'll be facing for earnings 13 dow components reporting this week along with 111 of the s&p 500 components right now it looks like the ten-year is yielding 1.08% those yields have come under a little pressure after moving significantly over the last couple of weeks. andrew >> great, becky. thank you for that we have new details as joe mentioned at the top released in the past hour. president biden's latest executive action the president will sign what's being called the buy america plan this is to direct agencies to s

we do not mention the dow. just tom keene on the dow.he clear outperformance in the last month has been big tech. that is where the consolidation is starting to happen. after all of the happy talk about that rotation, it is a reality check in the imf is playing into that reality check as well, cutting growth for europe, boosting growth for the united states. growth differential becoming a bigger focus. the fed's mission, make it sleepy for chairman powell. that is the objective tomorrow. it is january. the market wants something to talk about. chariman powell needs to throw cold water. yields up one basis point. finish on foreign-exchange. when does the growth outlook, you are a versus united states start to bleed and more what is happening with euro-dollar? euro-dollar 1.2146. all of the talk about the stronger euro, the weaker u.s. dollar, that starts to fade and the outlook starts to back that up. for all of the talk of a weaker dollar, at least in the near term, the data is speaking loud and clear. the data on the economy will look m

lauren: we are bringing this up because it's a dow jones component one of three dow stocks reportingthe dow jones is up 10 points and travelers is contributing 40 points to that. stronger profits, 1.3 billion in the quarter thanks to fewer catastrophes and they are able to charge higher premium rates for customers that renew. that's the story behind travelers. it will be big when the closing the rings. stuart: that's "after the bell", ibm up a buck 50, intel down ever so slightly. thank you. here's where we go to other markets, other indicators in the financial world took 10 year treasury yields, 1.10% took the price of gold, where's that? 1868, down about 90. bitcoin, i think it's down today, doctor $31000 per coin. remember, it hit 42000 about seven or eight days ago, 31000 now. shortly we will talk to a young woman who got in early two bitcoin and made a time of the money. has she bought anymore? i will ask her. and oil, the average for a gallon of gasoline has gone up to the $2.36. that's because oil is at $53 a barrel. looks like president biden getting the green light to my gra

vast majority of the dow 30 down.e. .5.56% denied a huge selloff, but down. nasdaq composite of the story a big tech, which will be down, but nasdaq overall not that bad. down .4%. lets look at big tech, all down, but not a major selloff. facebook is moving up despite my claim they are censoring the chat rooms about wall street on their site. it's slipped to the down side to big tech is slightly lower. let's could to the short stocks. on the upside-- look at gamestop up $200, 105%. all over the board there , the shorted stocks, the squeeze-- not squeeze, the short squeeze stocks are all in the upside. susan, lauren, let's get into this. does the reddit army represent a pivotal moment for wall street, a new factor that will influence the investing world? susan: absolutely. on was looking at the volume and the effect of hundred million volume contracts out there, options trading at a record wednesday showing there's a lot of participation isn't necessarily a bad thing, but you want to make sure people are betting on the