i will be back in for liz claman. maybe we'll even get a record for the s&p 500. ngs] that will do it for "the claman countdown." "kudlow" is next. ♪. david: hello, folks and welcome to a special edition of "kudlow." i'm david asman in for larry

i'm superstitious, liz claman. liz: you are in. charles: yeah. liz: i will walk under lad aers. [laughter] ladders. charles: i hear ya. liz: black cats, bring it on. [laughter] thank you, charles. just stick with me. breaking news, we've got eruptions of all kinds as we kick off the final hour of said on this tuesday. this is a live picture on your left and a live picture on your right. on the right we've got the dow erupt aring to its fifth intraday report in a row. coinciding with an epic eruption of iceland's sol day i know which last night began spewing 300-foot-high fountains of boiling lava, first time in about a decade. so far no injuries with, but swarms of some 100 everett earthquakes per hour are forcing those who haven't already evacuated to seek safer ground. wall street's doing the opposite. to the dow heat map, we're looking at a dow in the green about, i'd say, two-thirds of the dow, maybe even more led by walgreens boots alliance, caterpillar, intel, goldman sachs and chevron. the blue chips and the nasdaq put on a fiery spectacle, both on track for their ninth u

over to my good friend liz claman. liz: charles, are you looking at this move in docusign? it was up about 4 -- 14. breaking news, it's up 111%. why? -- 11%. in what could be the largest leveraged buyout in years, the e-sing company is apparently working with advisers to explore a sale. dock you sign's market cap is jumping as we speak. right now, and it's a moving target here, but it stands at about $12.7 billion and climbing. people familiar with the situation say there's no guarantee that a deal will be reached, but if you stretch out the charts, you can really see why the pane might be in play. year-over-year year the nasdaq is up 36%, but dock you sign has done new york it's gnat. and remember two years ago shares hit $310 a share but post-covid it has been a much tougher go. stock right now is at a $62.50 a share. all right or or let's get to the markets. we'll get you more on docusign if we get it. right now 7 and 7 is not aing cog tail, it's the performance of the stock market. -- cocktail. as we kick off the final hour of trade on this friday, all three major indic

charles: you are the second best, liz claman is the best. liz: you are so good, you are going to come back to my that in a few minutes. charles is going to make a special appearance. retail investors, stay tuned what he has to say. breaking news, stay with us in this final hour of trade not just because of charles but the dow is 59 minutes from its second all-time record close in a row and the s&p is about to clock another new 52 week high. day 2 of deep green for the blue chips, dow is up one hundred 3 points, 37,194. yesterday the two day chart, cross 37,000 for the first time ever and closed thanks to a 512 point hi. look who is leading the high, the post fed meeting optimism boosting goldman sachs to a 2,023 high. it is gaining 6. 3%, $385.47 a share. don't count out david solomon just yet. it's not the only financial rally. jpmorgan is also rocketing higher. jpmorgan moving up one. 7% % to $163.85. that is close to a two year hi, shares of the big bank which had quite a year wondering which it scooped up in the wake of the march retail b

drink some eggnog, have a great weekend, but first, here's liz claman. charles: i knew you had something special with the whipped cream from france, i know, i know. [laughter] liz: paris. texas. charles, props to the students at spelman college, right? if who

i'm superstitious, liz claman. liz: you are in. charles: yeah. liz: i will walk under lad aers. liz: black cat

over to my good friend liz claman. liz: charles, are you looking at this move in docusign?

drink some eggnog, have a great weekend, but first, here's liz claman. liz: i like that -- like that. i to hot chocolate with everything -- charles: i knew you had something special with the whipped cream from france, i know, i know. [laughter] liz: paris. texas. charles, props to the students at spelman college, right? if who wrestled more out of federal reserve chief jay powell about inflation than most fed press conferences do. and you can see the response in the markets right now. how hay moved on what the students -- they moved on what the students squeezed out of the central banker. you can see green on the screen and, by the way, for the dow we are seeing a gain of 284 points. want to just mention salesforce once again the leader, hitting a fresh near 2-year gain with a gain of, as we see it right now, crm, it was 8% earlier, now up about 33.6%, this on top of yesterday's 9.5% surge. the price action in not just the dow, but look at the s&p which right now is up 26 points, and then you flip if it over to the nasdaq, we've got the nasdaq better by 7

liz claman knows what i'm talking about. she grew up in the 70s as well. you are reminiscing about gritty days in beverly hills. liz: you make me feel mighty real. charles, what? charles: happy birthday. liz: thank you so much. go to commercial break. i need to eat this. thank you. fox market alert. t-23 hours before investors get some clarity on the answer to the question of this year. when does the federal reserve think it might cut interest rates? as the feds policy committee mulls that question behind closed doors the bulls are ignoring all of it and charging ahead once again. looking at dow jones industrials up one hundred 40 one points. again about third of 1% as the blue chips close to a two year high and within 1.4% of on all-time record. flip it to the s&p 500, 15 points, 4% away from its record. even the disaster do sure, oracle, isn't dinging the s&p, the cloud and enterprise software giant up $230 market. reported mixed results for its fiscal second quarter. stock is getting clocked down 2%. and increasing competition is really what slamming the

liz claman, over to you. liz: taking a stand, thank you, charles, very much. listen, coming to naughty or nice. bulls unable to secure position on the nice list at this hour and they've got just 59 minutes left to turn it around. we're very close to session lows and dow jones industrials may not make the sixth record close and two hours ago, the dow spikes 82 points to a session high but right now, the blue chips completely reversed and now down 241 points. the nasdaq was on pace for a tenth winning session in a row but right now also completely reversing down 133 points, the transports, one member is really hurting the situation and that would be federal express. look at transports down 1.5%, several hundred points at a loss at the moment and looking down 222 points. fedex getting clobbered at this hour and at lows of the session down 11.3% or 31 after the bell weather weed and falling short on what -- whiffed on what they fell short and the giant plans to purchase $1 billion in common stock in fiscal 2024. fedex committed the sin of lowering guidance and wea

liz claman, over to you. liz: taking a stand, thank you, charles, very much. listen, coming t

charles: liz claman,s over to you with. liz: it is great to sew you on this -- is it thursday? oh, i can't wait for friday, charles. [laughter] well, after an ugly final hour of trade at this time yesterday, color the markets, let's call it chartreuse. that's french for green, sorta. the s&p breaking for a broader or market here, up about 25 points right now. one of the top gapers, carnival corp -- gainers. the cruise line is cruising higher on a indicatorly revenue bet and a smaller than expected profit loss. the stock is up more than 55%, but wait til you hear how their 2024 bookings and balance sheet look three and a half years after the entire industry nearly went down9 with the ship. coming up, carnival corp. ceo josh weinstein is joining us live on how he beefed up bookings and. >> is rank the massive debt pilt pile. we want to take you to the 2-day chart of the s&p. yesterday the index came within such a tantalizing half a percent of its all-time high before taking this unbelievable hairpin turn to plummet more than 1.3%. but as you sew, the picture much brighter today a

charles: liz claman,s over to you with. liz: it is great to sew you on this -- is it thursday?

liz: mark smucker fifth generation business your great, great grandfather founded it. he would be so proud of the uncrustable moment thank you for joining us on fox business and "the clamanme back. in this story the topic of discussion all over the country over the weekend the iv league world is waiting and watching after the university of pennsylvania president liz magill lost her job issued the first of the elite college leaders to resign in disgrace after allowing anti-semitism to force on the campuses, charlie gasparino joins us next on the short list of replacements and whether wall street will push harvard's president next. the closing bell 14 and a half minutes away the dow continuing to gain points up 119. were coming back with charlieth gasparino.e to balance risk and reward. with one element securing portfolios, time after time. gold. agile and liquid. a proven protector. an ever-evolving enabler of bold decisions. an asset more relevant than ever before. gold. your strategic advantage. we really don't want people to think of feeding food like ours is spoiling their dogs. good, real food is simple. it looks like food, it smells like food, it's what dogs are sup

kelly o'grady in for liz claman today. kelly, take it away.m going to try my very best to keep that green on the screen. [laughter] happy boxing day, my friend. ashley: thank you very much. i appreciate that. [laughter] kelly: all right, folks, well, santa looks like he might be hanging around, because it looks like this rally still has legs. the major averages all higher with just under an

charles: let's leave it there, here is liz claman. charles: it just hit 42000. we can bring it back. thank you very much, we will start with equities after five weeks of wins for the s&p 500 investor should been ready for some profit and you see the on the screen and you could call it a 31-point retreat in the broader index a milder selloff the blue chips are lower by 60 points and what we see here with s&p 500 is you're looking at 4563 a pullback of two thirds of 8% but one look at the laggards overall, you start to get the story of the final hour of trade i'm talking about the dow laggards, you go to the bottom into cpac, tech, tech sales force down 4% followed by intel, microsoft, verizon, apple and so on. as we continue, the list goes there as well, intel is toggling between the second and the worst point on the nasdaq and also for the dow jones industrial, the nasdaq the biggest percentage on the session the tech heavy index on 155 points were wonderful percent because it's not big tech day, if you went through these and i mentioned intel on the intel chips

kelly o grady and i'm in for liz claman and one story going for the verge of setting its seventh record of the year all while an american citizen hostage is confirmed dead. the 70-year-old mother of four and grandmother of seven was murdered by hamas on october 7, her husband was also killed in those deadly terror attacks and there's still six other americans being held hostage as the war in gaza turns exceptionally bloody in the south. israel warning iranen-backed militias they could be the targets of military and hezbollah or lebanon or houthi rebels don't cease. fearsare not scaring investors away and santa claus rally inching higher as the dow aims for second consecutive record close and any gain is going to do the trick and look at that, we're up over 102 points right now. the s&p 500 just needs 15 points to set its first record of the year. it will be the s&p's first record since january 2022. if we hit that, right now we're not there but we'll keep an eye on it. nasdaq is not a record range today but it's on pace for the fifth straight update in a row. now i want to take a look a

charles: let's leave it there, here is liz claman. charles: it just

folks, over to kelly o'grady in for liz claman. kelly, over to you. kelly: always great to see you

charles: you are the second best, liz claman is the best

i will be back in for liz claman. maybe we'll even get a record for the s&p 500. [closing bell rings] that will do it for "the claman countdown." "kudlow" is next. ♪. david: hello, folks and welcome to a special edition of "kudlow." i'm david asman in for larry kudlow. well president biden is facing increasing pressure to act with a stronger hand following yet another attack by iran backed houthi rebels in the red sea yesterday. the total number of attacks on commercial shipping vehicles continue to rise as critics are looking to the president to take more action. grady trimble is live in d.c. with all the details. grady. >> reporter: david, after pausing operations in the red sea major shipping companies are starting to resume them but they still face the threat of attacks from houthi rebels as they do that. french shipping company, cma, is the latest to announce it will gradually increase the number of ships going through the red sea. they follow maersk but just yesterday houthi militants claimed responsibility for yet another attack on a container ship bringing

you know, liz claman, i hate those old diaper end menus that haven't been changed in a few years, i do

you know, liz claman, i hate those old diaper end menus that haven't been changed in a few years, i do have anxiety about that. [laughter] his liz i have no menu anxiety or, especially lower when you get to desserts. charles: i hear you. liz: except which one do i choose. charles, happy holidays. where did the time go? if it's the friday before christmas, 2023, and look, the weather forecasters said no snow in new york city and yet it's snowing courtesy of our wonderful tech department. and team "claman count countdown," by the way, the best team in business news working right alongside you guys at the moment. in fact, let's show you a live picture of our control room. that's brad, melanie, finley, brooke and our director anissa, plus managing editor -- hi, you guys! luis and e lap are in there helping out with tech and a happy, happy holiday to all of you guys. you make it all happen. here in midtown manhattan, let's bring you the big, breaking business news with 59 minutes left to trade until markets reopen next tuesday. we are looking at a very wobbly dow jones industrials. just a m

liz claman knows what i'm talking about. she grew up in the 70s as well.ly hills.

i think liz claman would agree with that. >> just like that song money makes the world go around.ekly when stocks are kicking off the final hour of trade for the new week in th

kelly o'grady in for liz claman today. kelly, take it away. k cel well, ashley, i am going to try my very best to keep that green on the screen. [laughter] happy boxing day, my friend. ashley: thank you very much. i appreciate that. [laughter] kelly: all right, folks, well, santa looks like he might be hanging around, because it looks like this rally still has legs. the major averages all higher with just under an hour of trading left on this first day of the shortened holiday week. now, the dow right now on track for a new all-time high. it needs 1700 points today to hit -- 170 points to hit the mark. currently we are past that at 181 right now. same thing for the s&p 500. it needs 42 points to hit a new record, right now 22 points up. the s&p and nasdaq both looking at their third straight days of gapes. speak being of the nasdaq, that is having quite a recent run, up 12 out of the last 13 days. right now hovering around 15,100. the major average up 8 weeks in a row. and i want to look at the deal space because merrier tuesday in the pharma

claman countdown? any birdies telling our investors something? >> i love this question, kelly. you'll be the first person i call, you or liztoo. you'll be the first people i call when we're ready to announce something like that. there's a big 2024 planned. i'd love a come back and share with you kind of what we're going to be doing business wise. at crunch, we're about people. members and team members and culture, it's a big part of our organization and financials so, yes, you'll be informed when we're ready. kelly: we love to hear that and maybe shareholders in the future is who you're looking at. thanks so much, jim rowly, ceo of crunch fitness. >> thanks, kelly. happy holidays. kelly: spacex using the falcon rocket to help the government with a top secret spas launch and everything we know about the in addition and mutts mysterious space docks into or bit and as travion green space up 35% and rocket lab and virgin galactic coming down 3.5%. we're going to come right back. ♪ this is your season to smile -- to raise a toast and gather together, to wrap up the fun and round up the gang. to help get you ready, your aspen de

liz: i don't see on the forbes. a master collector of luxury watches worth $3 million. . his collection includes these fabulous pieces on "the clamanntdown". it ranges from $2700 to 350,000, to priceless in the case of one of them. this landed him on the cover of luxury watch magazine featuring a red stripe collection. the o'leary ventures chairman jointly with his most prized possessions and his investment theory that watches the clock, versus the s&p over time and what have you found? >> it's no different than a stock portfolio. you have to choose wisely, select those pieces like stocks. the key to getting access just like an institution gets allocations for an ipos. if you are a known collector i get these allocations. most recently, the hottest watchmaker is a young man and engineer named simon. there you have it right here. you are holding the ming. that is one of one. i own it now. he sold it to me, made it for himself. that's priceless. unless i sell it. liz: there is only one. what is so great about it? >> look at each dial. we amass a portfolio. when people see that on their wrist they say why is that? it's the ming and th