why joe bell telling us why consumers are best bet right now. lauren simonetti at the new york stock exchange and scott, when i heard it was you, i knew christmas wish was answered. thank you for joining us today. we usually don't get you at 4:00 p.m. eastern. the economy, the big question for 2013, scott, is whether the economy is going to equal the performance of the stock markets. what do you think? >> well, i think that we've got a couple of head fakes here. a decent gdp number, if you pull over and take a look under the hood, the gdp number wasn't as good as we thought it was. and the jobs report makes people feel better. the rate hike talk is almost a near certainty between political and july. i don't think we're going to raise rates next year as much as i would like to, believe me, i think the economy is not doing that well, and we're in the 2 1/2 to 3% range as far as growth and bumps along the way. the thing that helps the stocks is the bank of japan, pboc as well as. ecb, they're easing all next year, and that's going to give us a sing

let's get back to bring you the most important stories you need to know before the opening bell. joee, headed for its biggest slump since the 2008 financial crisis. there were clubs, guys -- you can imagine, men's only clubs, where membership was at $25,000 a year. those are slowly, or actually, rapidly going out of business. >> if you know anything about the balkan, this is quite often the only place in town where you could get a shower. it was, during the go-go years, or the go-go months, because it was not that long ago, right? it was so thick with people that the man cap said we were talking about yesterday would shift on a 12-hour basis. people would share beds there were so few beds available. >> i am a little sad that we're going to see class of walk and sale, a face group -- balkan fail, a facebook group that takes pictures of rigs. >> you see the statistics from different states, the percentage of the workforce that is in sprung up like because we are talking about here it is legal and not so legal. >> stock begins trading on this final day. you are all over the market. what

. >>> coming up when we return, movers ahead of the opening bell. joef stocks to watch. we'll do that next. then at the top of the hour, "squawk" market master mario gabelli and jeremy siegel are going to talk about the prospects for dow 18,000 by the end of the year. right now as we head to break, look at the equity futures. we are in the red with the dow off about 125 points. s&p 500 down 16 points. nasdaq off 33 points. back in a moment. location. location. (shouting) location. here's the location that matters the most. here. or here. or here. it's wherever this is. to get customers to come here and stay here, you're going to need an app that connects to all your systems. so they can bank, shop, do what they need to do, and you gotta do it fast. before the competition does. it's tough out here; you better be on the right cloud. today there's a new way to work. and it's made with ibm. >>> welcome back to "squawk box." the hacking attack on sony pictures giving insight on why that studio passed on the steve jobs movie based on the biograp biography. co

fraction now at $129 and change and with us now at post 9 and cnbc exclusive we welcome joe swedish ringing the closing bellup here in a little while, as well. >> great to be here. thank you. >> a rebranding, consolidation of the brand. >> that's correct. we really are focused on building a new brand identity and many markets we serve across the country, specifically a less complex engagement with the market. trying to deliver on our customer's expectations. they want clarity, simplicity. our sense is that rebranding ourselves in terms of how we are known best in the markets we serve is a phenomenal opportunity to really improve our engagement in the marketplace. >> tyra banks isn't after you. antm is america's next top model. >> i just heard that this morning. i'm -- well, let's just say, i'm struggling with it but i think i can get by and maybe we'll talk about it. >> there you go. >> your company has benefited to a great degree from obamacare. >> yes, we have. >> number one in terms of -- >> enrollment, yes. >> anything to change about this? what do you think about the thoughts from the republican majori

bell. if you're traveling between saint joe's and the schuylkill expressway, you're dealing with lights ofues. down in delaware, so far we're sitting pretty along 495, 95 and 202, the concorde pike. if you're out and about on the buses or the trains, well, everything is on time so far on this tuesday morning but i guess things could be going downhill, right, karen rogers. >> and you know you just jinxed it by saying everything is great. storm tracker 6 live double scan showing what looks like a lot of precipitation hitting the ground. most is just evaporating before it reaches the surface. here's where we have rain and at this point it is just rain. we have in it new jersey and delaware. so far we're dry in the city but something we're watching closely. let's look at the temperatures. 39 degrees in philadelphia. we're currently well above freezing in philadelphia, new jersey and delaware but hovering right at the freezing mark in allentown where it's dry, 32. 33 right now in reading, 24 in mount pocono. as you're planning the day, we do expect precipitation on and off through the day and i

bell. no problems traveling between saint joe's and the schuylkill expressway.ks like mobile6 is right by we'll check it out after the break as well as delays on 95 coming up. >> ♪ we gdid he help pick it out?er. no, he's a cat. how did i get so big? where am i? you're in mom's belly. how did i get there? wizards. can you make it go faster? no i already tried. is this mine? that one's for alice. but she doesn't know it yet. why not? mom says she's still cooking. capture your memories with hallmark keepsakes ornaments. >> ♪ >> hey everyone, 6:14. >> ♪ all we're going to do for you today. that's the high temperature. taking a live look at the platt memorial bridge. >> let's head over to matt pelman see the rest of your traffic. good morning. >> mobile6 being so mobile this morning, matt and tam. as we look live at mobile street this is market street peco headquarters right there. if you look in the distance as we get the move on there's the light of city hall, the beacon kind of guiding us through the city this morning. we're not mobile at the moment but if we wer

. >> joe -- joanne he may not have the warmth of someone like bill bell bell, but these players are tiredfter a game. >> he is humble. i love talking about myself. he won't. it is not about him. i loved him and probably after this he won't be one of those on screen during the game reporting guys. i thought he wasn't into the business, but he is. he has an endorsement for skittles. i think he should answer everything with taste the window so he is doing double duty. >> where i am from taste the rain dough means s and l. >> you live in new york. >> i know. it means something else. >> i need to change my mailbox. >> he is downtown. the carbonation tastes like discrimination. they decided to stop buying the soda machines because they are considered a microaggression. now they have reversed the ban. activists are microfurious that soda string operates in the west bank. they said, quote, these machines can be seen as a microaggression to palestinian students and their families and like the university doesn't care about human rites. the dining hall initially removed the soda pop, but after an in

joe, thank you so much. >> our countdown to the opening bell continues with a deep dive into the retail sector.t of returning and shopping to be done. stay in the loop. ♪ we are halfway through. the average order value was more to $100.33. amazon says 62% of its customers shop on mobile over the holidays. grommet ran brooks brothers. space, one of the things we heard in the last month or so was with all of these discounts before christmas, retailers have given up. >> i think some retailers have given up. apparel retailers of an struggling. that has been hardest hit. especially the teen retailers. i think mall operated teen retail ticket on the chin. >> structurally, there's something wrong with the model? >> they are having a difficult time and they have to reinvent themselves. those that are doing e-commerce are doing better. those of gone global are doing better. overall, the gap is doing fine. >> we saw a shuffle this year. there was a huge rush on the 24th and not much of a black friday. >> and think it was unexpected. >> you, of course, no you're talking about. we do not. there was an expe

bells about to ring for one of hollywood's brightest stars. >> multiple reports crime that sofia vergara is engaged to that guy, joe manganiello.he were wolf in true blood and was a stripper in the magic mike films. word. >> word is he proposed in hawaii on sunday. sophia posted this birthday photo of them looking pretty happy there. while they're just beginning their journey to marriage a newlywed couple has started their life together with a presidential apology. >> this was a heck of a start. the president had to call to say story. the couple, two army captains were going to be married along the golf course. their location had to be changed because the president was playing a round of golf. he called them and said he was sorry and wished them well. >> the bride said they ended up at a better location. >> it works occupant ss out. you get a call from the president. >>> you can get everything at costco. >> yes. >> a couple met in the store a year ago while shopping. wanted to hold the ceremony right there in the frozen section where they met. >> and that's where meredith and robert met. like you said she walked down the aisle,

bell" starts right now. david: let's get into today's big action. we joe durant of united capital has three sectors in the market to avoid in the new year. boy, nobody was avoiding anything today. brian needelman, cornerstone financials partners. todd horowitz, you are such a hit. want to start with todd, what does a bear do on a day like today when, i'm just looking behind me. it is 420 right now, the dow is rallying 420. is everybody crazy according to you? because are you, have you changed your bearish stance, what? >> hi, david, liz. i tried to hide out in new york. they found me anyways and keep going higher. bottom line, in my opinion this was a great short-covering rally. this was a real squeeze. a lot of people anticipated into the news, i don't know why, into janet yellen's testimony she would somehow change some. news. i don't think there was any chance she was going to. this is outrageous rally really based on more short-covering of doesn't matter why. we're taking another run at 18,000 level. i'm still looking for opportunities to sell. we see

the west and you find that john bell hood was keeping a secretive correspondence with the administration through bragg and a lot of others that was, in effect, spying on joe johnson in terms of his conduct of the army of tennessee during the initial atlanta campaign. so you find, i think, that there was a certain measure of trust between jefferson davis and john bell hood, because really hood was jefferson davis's man, so to speak, in the west. he was the president's watch dog, as i termed in one of my chapters. but not that he couldn't give hood advice, because he did give hood advice during the atlanta campaign that he was losing perhaps too many men and he'd better be circumspect in terms of the casualty figures that he was enacting, because of his offensive concepts, so i think, in my estimation, there was always a favoritism on the part of jefferson davis to the command situation of general hood in the west. >> jefferson davis made a couple of trips over from richmond to the theater, one was after the battle of chickamauga. the other one was after the fall of atlanta. by that time, the confederate army had moved out of palmetto. and i think he comes

later protestors went through midtown manhattan last night and president joe biden plan to attend the funeral for officer of bell going to be made once family arrives from china. >> : and big news this morning and then as a show goes on even see it now that north korea than one and see the comedy of the assassination king john owen. movie called the interview is coming out sonny releasing but in limited fears. now what theater berkeley and the call for the sony added show the interview christmas day. and run of three times christmas day to continue for the week wont sell its tide that run will be expanded and are some more bay area theaters and then won it with at our website kron 4 using of the complete list as it saw unfolding. >> : maybe some more series, >> : a tree falls on the 580 in oakland. it happened around 115 in the morning blocking to like right family of 14 rapine damage to vehicles like came down in it or told though injuries the. >> : and then happening now this morning on christmas eve morning they're holding a 14th annual last-minute christmas eve toy drive. san francisco restaurant try to beat

bells. darren hillyard scores 15-point. cats shoot 50 percent. they win easily 84-7o so upset. penn gets first victory topping navy tonight, 57-46. temple and st. joeselli and coach dunphy they know each other well. one point game late, temple trailing, the owls with two good looks to the basket. one is denied. other coming upright here is just a bit short, and st. joes beats out a two-point victory 58-56. >>> jimmy kimmel live next on channel six followed by night line. jimmy's guest so for a vergara and "action news" continues 4:59:30 with tamala edward, matt o'donnell, meteorologist david murphy and karen rodgers with traffic. for cecily tynan, ducis rodgers, the entire "action news" team, i'm jim gardner, good night. >> ♪ >> dicky: from hollywood, it's "jimmy kimmel live"! tonight -- sofia vergara. j.k. simmons. and the finale of jimmy's reality series "do you have what it takes?" and now, come closer. here's jimmy kimmel! ♪ it's "jimmy kimmel live" [ cheers and applause ] >> jimmy: welcome. thank you very much. welcome. thank you, cleto. i'm jimmy, i'm the host. thank you for watch pg. thank you for coming. i really do appreciate it, especially

topping "the skinny," wedding bells are about to ring for one of hollywood's brightest stars. >> sofia vergara is engaged to that guy, joe." he played a werewolf in "true blood" and is also a stripper in "magic mike." >> very good looking stripper at that. and joe proposed on christmas day in hawaii where they celebrated -- look at them. they are just too good looking almost. and his birthday was on sunday. sofia posted this birthday photo of the two of them looking mighty happy. >> he proposed on christmas in hawaii? president obama disrupt the proposal at all? >> no word of that. >> also mighty happy. adele and her beau simon -- ♪ never thought i'd find someone like you ♪ ♪ i wish nothing but the best for you ♪ >> she really is the queen of breakup songs but is speaking out against rumors the couple has spread up. the tabloid is reporting she and simon are living in different cities. the notoriously private singer tweeted a holiday singer and tweeted simon and i are very much together. don't believe what you read. >> i feel relieved to know that. >> that's bad you have to confirm you're still with someone. >> and on th

bell" starts right now. liz: so on this monday, just a few weeks before christmas, let's get into the action. we have centerstate bank's joe

brought by sheriff joe arpaio who says thas that progrm will cost states more because of what the president is doing. with his fiat. your judgment? >> well, he is right. again california is bellall of this. this state is constantly raising taxes in order to provide services for illegal aliens and their children. above all, education, trying to close the achievement gap between the children of low skilled hispanic immigrants and the rest of the state, but also, in sheriff joe arpaio's bailiwick criminal justice cost, crime rate impress know am rate of -- impress knowmen imprisonmg 8 fold between first and socgen second -- generations that affects quality of life and bottom line of every taxpayer paying into the state fiscal coffers. lou: new legislation in california 1.4 million licenses to be granted t illegal immigrants, arizona told they don't have a right to deny driver licenses, bringing federal power to bear over driver license for first time as far as time aware. do you think that is -- is that an unexpected decision by the supreme court do you think? >> well, this at least is consistent. federal government is now asserting it has supremacy over immigration matters, wha

. >>> when we come back, joe has your list of stocks to watch before the opening bell.hen the restaurant known for its burgers and provocative ads, the ceo will join us. stick around. >>> one quick stock to watch this morning. sienna reported better than expected revenue. the network maker -- equipment maker, however, was hurt by a drop in margins sending it to an unexpected quarterly loss. as a result, stock's down about 3% at 16 and change. >>> when we come back, top bankers, business leaders, and government officials gathering at 1 world trade center this morning. it's hosted by our andrew ross sorkin. he'll join us there next. and we'll hear from jack lew in the next hour. stick around. "squawk box" will be right back. >>> oil shock. markets look to bounce back after crude inspired triple digit slide. meanwhile jack avalon gives us his take on oil prices and its effect on markets around the globe. >>> the burger goes all natural. the ceo of cke, the owner of carl's jr. will talk about its latest creation, the slowdown in fast food, and what lower oil prices could me

bell, listen. listen. >> the department has a rule about profane language. so you got a guy that's acting out. you go up to him and you say, joe, i need to you quit banging on that door. i'm trying to talk to you. i'm trying to talk to you. >> you think he understands that? it don't click. if you would shut -- up, nobody would be so pissed off with your ass in this damn unit. you're acting like a damn child. everybody is tired of your ass here. >> i'm tired of your ass. >> if i can get to your language, if i can get to what you understand day-to-day, then that's what we use. when all else fails, we take it up a notch further. >> put your hands out there. >> you just [ bleep ]. >> [ bleep ] i'm not going to put my hands out. >> i'm not going to let one individual disrupt a thousand. there are forces needed to remove you from one area to the other, so be it. >> are you going to cuff up? >> listen to me -- >> that's good. well, he refused to cuff up and come out. we're going to move him out because he caused a disturbance, and the warden said move him out on the bull pen, let him get some fresh air and kaurm down. i gave the offi

east editor on greece's upcoming elections, and also thank you joe weisenthal managing markets editor. he will be taking us to the opening bell. >> i'll be back. >> excellent. you'll be back. >> coming up on this special edition of "in the loop" more on the airasia flight that disappeared. you will hear from an authority on the airline industry, bob crandall, former chairman and ceo of american airlines. also, global stocks are in selloff mode this morning after that failure in greece to elect a new president and forcing the snap elections that could -- emphasize, could -- derail the country's economy. ♪ >> warships and airplanes from 4 countries are searching the jobless c4 -- the java sea for an airasia flight. it was halfway to its destination, singapore, but vanished from radar. it comes among one of the worst years for aviation in asia and malaysia in particular. help us get a sense of scale here. how large of an area has been searched? >> yeah, good morning. we are talking about 11,000 aeronautical miles for now. the search has widened in the last couple of hours, as we enter into just after 40 hours of search and rescu

bell" starts right now. liz: so on this monday, just a few weeks before christmas, let's get into the action. we have centerstate bank's joe keating. joe will give you a best way to of all things, energy sector right now. dls capital's david steinberg to tell investors where the hot opportunities will be in 2015. and dan stesich at the cme. dan, energy, weak economic data out of japan or china. what do you think it really was? when you stood in the pits and started to see the drop 1:00 p.m. eastern, what were your thoughts. >> it was none of those. here is what i think happened. market looks for excuse to pull back at levels we have had. so they pulled back 1%. global growth fears are nothing new. they have been going on for almost a year and our economy grows despite it. as far as energy, they're worried about that, demand is down. demand isn't down that much. it is down a little bit. the fact supply is up. in any basic economic course tells you, when you have a supply shift, prices go down. that is what is happening there. i'm not worried about the move down. look for opportunity to buy something that may have gotten hit

>> coming up, joe, your list of stocks to watch ahead of the opening bell including a dow component that's. engineered holiday excitement. at the volkswagen sign-then-drive event. right now, for practically just your signature, you could drive home for the holidays in a new volkswagen. like the sporty, advanced new jetta and the precisely engineered passat tdi. ah, the gift of clean diesel. for the new volkswagen on your list this year, just about all you need, is a pen. festive, isn't it? get zero due at signing, zero down, zero deposit, and zero first month's payment on select new volkswagen models. >>> individual issues on the move this morning. boeing hiked its dividend to 91 cents a share. not like it was a real low yielder to start. it was yielding 2.9 -- it was yielding 3% basically. so 25% is a pretty good yielder now. the air space giant is also boosts its buyback program. and 3m is raising its dividend by 20%. it obviously makes a difference from where i think we should include that. it was yielding 2.1% before this. it had a $3.41 dividend. spain's repsol is buying talisman ener

joe kernen. andrew is off today. >>> a technology giant starting a project aimed at letting drivers enjoy all the bells and is whistlesthe internet. here is one right now. plugging in your smartphone, we'll have the details on that story in just a bit. but first, our top headlines of the day. a rally on wall street. and we mean rally. joe, when you said swoosh, i wasn't sure if you were talking about the s&p or nike. it doesn't look like this rally is over at this point. right

the west and you find that john bell hood was keeping a secretive correspondence with the administration through bragg and a lot of others that was, in effect, spying on joe johnson in terms of his conduct of the army of tennessee during the initial atlanta campaign. so you find, i think, that there was a certain measure of trust between jefferson davis and john bell hood, because really hood was jefferson davis' man, so to speak, in the west. he was the president's watch dog, as i termed in one of my chapters on -- in "embrace an angry wind." but not that he couldn't give hood advice, because he did give hood advice during the atlanta campaign that he was losing perhaps too many men and he'd better be circumspect in terms of the casualty figures that he was enacting, because of his offensive concepts, so i think, in my estimation, there was always a favoritism on the part of jefferson davis to the command situation of general hood in the west. >> jefferson davis made a couple of trips over from richmond to the western theater, one was after the bat of chickamauga when his generals were battling among each other and he felt he needed to intervene. the oth

joe theismann and peter schrager are going to break it down. >>> sony may have broken the online record, take a look who won the box office in studios. there you go! closing bell will be right back. in my world, wall isn't a street... return on investment isn't the only return i'm looking forward to. for some, every dollar is earned with sweat, sacrifice, courage. which is why usaa is honored to help our members with everything from investing for retirement to saving for college. our commitment to current and former military members and their families is without equal. start investing with as little as fifty dollars. . cheryl: so post-christmas holiday shopping has retailers and shoppers smiling. consumers shopped till they dropped with the money they saved on gas filling the strong holiday season retail sales picture. how well did retailers do this season? and with oil prices rising again, what are shoppers going to do in 2015? jeff flock is joining us from chicago's magnificent mile and magnificent day in chi town. >> they haven't dropped yet, cheryl. the shoppers are coming down the magnificent mile. that's michigan avenue. a nordstrom bag, nordstrom cleara

bell court theater wrote an open letter to sony on benefit of other theater owners. inform response yet from sony. >> one of the most distinctive voice in modern time joe cocker the british lost bottle with lung cancer at the beach of 70. leaves behind a musical legacy from woodstock to the wonder years. john looks back. >> voice that could do this with words. about ♪ if joe cocker lasted through transformation. he was woodstock. a little help from my friends. ♪ lend me your ear and i sing awe song ty ♪ . >> then generation later wonder years. same voice. sp. >> in between the rock interjoe cocker receded a bit. something more of a ballad emerge. >> stayed always the grind around the syllable. gravel you are so beautiful ♪ yes and so is the sound if ♪ abc news washington. >> i saw him a couple years ago. >> awesome. coming up next. claim at change is changing the habit of bay area wild life what some young people are doing to help those animals get around. doing to help those animals get around. >> bay area conservationist are combining state of the art technology and old fashion elbow grease to help wild animal adapt to climb at change. project happening about 30 miles

joe cocker. he died today at the age of 70. legendary musician and we'll leave you with this song. >>> dow up. great to have you back. welcome back from texas, brian. >> thank you very much. "closing bell. >>> and welcome to "the closing bell" on this monday. a holiday week. i'm kelly evans at the new york stock exchange where last week's rally carried over into today. >> for most sectors. the dow is strong. don't look now but the industrial average within striking distance of the all-time high and others did not follow through. yeah, the s&p up 4 points. and then the nasdaq up 7. when you look at did gains today, it really is a lot of dow

joe kernen. andrew is off today. >>> a technology giant starting a project aimed at letting drivers enjoy all the bells and is whistles of the internet. here is one right now. plugging in your smartphone, we'll have the details on that story in just a bit. but first, our top headlines of the day. a rally on wall street. and we mean rally. joe, when you said swoosh, i wasn't sure if you were talking about the s&p or nike. it doesn't look like this rally is over at this point. right now, dow futures are indicated up by another 72 points. s&p up by 11 1.5 points and the nasdaq up 20 points. you add those two sessions together and you get more than 600 points. consecutive the 00-point gains for the dow, this only happened nine times in its entire history. granted, we're talking about points, not about percentages. look at that chart. this is something that is -- >> 17.778. >> we've got another 150 points. i don't know the -- i don't know the exact high. >> the trading sessions left before the end of the year. or no, that's just before christmas. >> 0.4% is what it was yesterday. you could say we were getting excited about

joe had a band? >> i'm learning that. >> we're going to get to that. first, let's get to business before the bell.obs added in the month of november. above 300,000, that was a big surprise. economists were looking for a number of about 230. 321 is a big headline. that have very solid improvement. jobs created during this month. unemployment, a six-year low. to put it in perspective, a year ago, the unemployment rate was 7.2%. yes, there is progress. if you break down, jim cramer, my buddy's here looking at some of the breakdown and the jobs. help was saying banks very strong. services very strong. you want to see jobs in those sectors being created. manufacturing coming in, up 28,000 jobs. that's also very solid. we're looking for wage growth. i'm going to look for that number. you want to see those jobs being created. and sectors like services, like manufacturing and construction, where we have seen the bulk of the jobs previously being created in restaurants and retail and some of those lower paying. that's the kind of numbers you want to see. just to reiterate the headline because this is a big