. >> it is called super dog by mike eisen available out the bookstore, they will be signing "after words i think the company cultures are by the business model and the business incentives and those are shaped by the incentives that interest the capital and prioritization of speed and skill and whatever and coupled with libertarian spirit of the industry that has been incubating if you will for 25 years, 40 years, 2020, longer, 50 years. and you kinda get this weird cultural product that does not value expertise in consideration and research in the complex, i'm so sorry i just want to go in for it. >> is this on c-span. >> it is fair to say -- i guess i'm wondering if there's parts of your experience that you take with you and i actually appreciate it, journalists are hidden from a lot of tech folks that think tech is doing good for the world and a positive thing and questioning that was dangerous sometimes. i guess i'm wondering the benefit of that if there are parts of the culture and whatever you appreciated took away from your time that you took. >> the heart of the book is ambivalenc

>>well to "closing bell," i'm wilfred frost along with sara eisen and mike santoli closing near the sessions, the dow down 70 points s&p down .4% nasdaq also down, .1%. the russel, the outperformer, up a full 2%. significant outperformer energy up 3% real estate financials and industrials also in the green. the rest in the red. technology the worst performer down 1%. facebook down 2.5% taking its loss fosser the week to 8% coming up ursula burns on the business world's reaction to last week's capitol hill riots and whether the government should limit social media companies to limit misinformation. >>> barbara duran is still with us and tom lee joins the conversation as well tom, i will come to you first of all. the vix not falling below the 20 level, which we have discussed with you so many times, hovering a little above that. if and when it does, is that a last hurrah for markets? or is it the start of another prolonged upcycle? >> yeah, it's important for the vix to break to a new low. i think, wilfred, it would be a signal of a regime change. because we are coming off a high volatility p

i'm wilfred frost along with sara eisen, and mike santoli, cnbc senior markets commentator.loss force each of the major amples the last 20 minutes of trade taking us into the red .2% down on the s&p. the russel down a hib more, .6%. in, erls the, and utilities at the bottom tech, communication services and real estate at the top dollar a little bit weaker oil a little bit weaker. gold as well investors awaiting earnings fromst in, starbucks, texas instruments, amd robert nobles joins our conversation mike santoli first to you. this performance, s&p flat essentially. of course we did just recently have record closes underneath, what are things standing to out to you, whether it is the vix or the breadth the breadth has softened we have basically gone sideways about a week in the s&p 500, which is probably not the worst thing in the world considering again a lot of the parts of the margaret that had really led the way in november, december, the cyclicals have been cooling off. so there has been a little bit of a helpful kind of rotation, market managing to stay supportive i th

>>well to the "closing bell," everyone, i'm wilfred frost along with sara eisen can mike santoli, cbs'scommentator. gains cut by more than half at the close. under 1% of gains for the s&p, and the dow just shy of 1% the high today for the dow was 650 points it closed higher by 300 points though all sectors still in the green at the close investors now set for a big pair of earnings from visa and mondelez we will bring you those results as soon as they across plus mondelez's ceo doug vant put will join us and discuss the numbers and discuss whether sales can continue after the pandemic and later, salesforce kraechlt marc benioff will join us to discuss whether social media companies are accountable you have this for the content on their platforms. we will hear from them in just a few moments. stephanie link is still with us. and peter oppenheimer joins the conversation as well markets closing higher by 1 horizon. mike santoli, i will come to you first. this sort of trade-offn the final 30 minutes of the session, last hour or so, i guess taking the gloss off of what is otherwise a big reb

welcome by the way to the closing bell i'm wilfred frost with sara eisen and mike santoli cnbc's seniort commentator. the dow up 0.8%. the nasdaq up 2% the russell up about 0.5 of 1% just getting into the territory needed for a record close. of course president biden will probably want to mark his market performance from election day as opposed to inauguration day because markets have surged already over the last couple months coming up guggenheim's global chief investment officer scott minerd on whether he is still bullish on stocks for the first quarter and how biden's economic team could impact the world's markets. joining us, our guests, mike, to you first of all and as we've been saying through the session led today in part because of netflix and the faang names surging but record highs on the first day of a new administration >> yeah. i do think it was, you know, the market was not exactly holding a lot back but didn't do much for the last couple weeks at the index level. it's been mostly about a lot of the fast moving, smaller, speculative stocks today it was the old leadership t

i'm wilfred frost along with sara eisen and mike santoli. cnbc senior markets commentator.the s&p closed down .3%. well off its lows of the day the dow was down 179 points. the low was down 370 that was down .6%. the nasdaq eking out a slight gain and a record close by doing so a. nice bounce for the russel today, up 1.3% having slid in recent sessions. real estate the best performing sector, coming up, the ceo of the national association of manufacturers on the poe attention fallout of president biden's decision to cancel the keystone xl pipeline jonathan gol up and christina fernandez joins the conversation mike, i come to you first. in what has been a pretty positive week overall, up 2% of course on the s&p 500, slight profit taking today, and bit of a push and pull between the classic big tech nays and the recent outperformers of the likes of the banks and energy. >> the benign way of looking at that is that some of the cyclical areas that had a great run for a couple of months have been able the pull back, able to cool off whereas the overall index stayed supported bec

i'm wilfred frost, sara eisen as well, and mike santoli, cnbc senior markets commentator as well the60 points we lost 40 points in the final ten minutes or so. as you can see, well off the lows of the session. .2% of a% for the dow. nasdaq up a third of one%. and the russel up 1.8% coming up, the ceo curevac on the company's new deal with beyer. plus the outlook for covid testing when we are joined by the ceo of lab corps. >> anastasia amarosa from jp morgan is still with us. robert nobles joins the conversation first though we will send it to you, mike on what the action told you today, especially seeing cyclical groups like energy outperform commodities had a good day, the dollar weaked tress res were up. how does it all add up. >> higher yields, lower dollar, better kinds of traction in some of the cyclical trades everyone seems to be pretty much on board this train. i think it is a little bit of a sort of a factor stampede, people grabbing at those investment factors that are going to be able to seize on this idea that you have stimulus coming and you are going to have a post vac

if you are just joining us i'm sara eisen with wilfred frost and mike santoli, cnbc senior market commentator look at how woe finished the day on wall street stocks continued to surge. the dow closing up 11 points at a record high, above 31,000 for the first time ever. walgreens, apple and jp morgan powering the dow higher. 3m, coke and p and g lag s&p 500 up 1.5%. technology the star today. consumer discretionary, energy, communication services a mix of the cyclical value stocks and also technology, utilities and staples were the losing sectors the nasdaq, big winner of all four, up 2.5%. technology made a comeback today. tesla, apple and amazon all higher the russell 2000 index of small caps hitting a new record, up 1.9% we are back in the black for the week erasing monday's big selloff. we are minutes away from micron's earning we will break those numbers as soon as they cross plus the ceo of aurora cannabis is here the weigh in to speak about what the biden administration could mean for the legalization of pot especially with democrats holding majority in the senate stephanie link is stil

week and for the month of january and for the year welcome back to quel i'm sara eisen here with wilfred frost and mikeys, cnbc a senior markets commentator. we disturbed down 6 2 points on the dow. took another dip lower into the close. could have been worse. we were down 747 six negative days in the last seven. down % for the week. the worst week for stocks the s&p and the nasdaq sense the ends of october. s&p down 2% for the week down 3% for the month down a little bit less than 1%. the nasdaq, down 2%. technology, as josh lipton highlighted hit hard despite better earnings from week from apple and facebook the russell 2000 also closed lower by a little more than 1.5% for the week, down % got hit harder than the worst. and we are up about 5.3% in january bucking the overall negative trend that woe saw for the rest of the market small caps attracting a lot of attention and love lately. some of the biggest short squeeze stocks are bouncing back today. coming up we will discuss whether this reckoning for wall street will have a long last, impact on investing. steve is still with us elin lana hernandez

i'm sara eisen here with wilfred frost and mike santoli nbc's senior markets commentatcomment.how we finished up the day on wall street rally day from the get-go. dow up 116 at the close. boeing had the most positive impact on the dow adding more than 40 point. s&p 500 up .8% most sector ending the day in positive territory i mentioned the defensive lag. real estate and utilities down everybody else was up. best performance energy, continuing the recent comeback, 2% day for energy on the pop of higher oil prices the nasdaq, shy of a record close, up 1.5% for for the technology heavy nasdaq. the russell 2000 index of small caps having a strong day, up 1.3% the growth and value trades worked both ways today visitarsors are anxiously awaiting netflix earnings due out moments from now we will have instant reaction and analysis as soon as the numbers hit the wires. first let's talk about the market lindsey bell is still with us. first, i will send it to you, mike santoli, with the mix of bank earnings were not that well received janet yellen testifying before capitol hill what were

welcome everyone to "closing bell" if you are just joining us i'm sara eisen with wilfred frost and mike santoli cnbc senior markets commentator xxxx ugly day on wall street for the bulls. finished down just off session lows as we saw in the final hour of trade, a little over 700 points down after fed chair jay powell's press conference though we were lower heading into that as well. s&p down 2.5% on the close every sector got hit today some of the hardest though communication services, consumer discretionary, health care, materials all down about 3% or more there is the nasdaq down 2.6%. and the russell 2000 fared better than the others small caps only down 2%. we'll talk about why, whether it is related to the short squeeze we've been seeing in names like gamestop and amc which continued to surge amid the sell-off get ready for a wild ride. we are moments away from earnings, from apple, facebook, tesla. las vegas sands. levi straus, and whirl pool. instant analysis coming up straight ahead let's talk about the market. josh brown still with us first though i will send it to you, mike. o

close both on the dow know a the nasdaq welcome back everyone to closing bell i'm sara eisen with wilfred frost and mikek at how we finished the day on wall street with the dow ending just barely lower we were wavering between positive and negative in the last few minutes of the session. closed down the biggest winner on the dow, intel, on the ceo change biggest loser actually ibm, dow, and nike making up the 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

i'm sara eisen here with wilfred frost and mike santoli, cnbc senior markets commentator look at howe finished up the day on wall street after solid gains last week to kick off the year we pulled back today. health care names, merck, walgreens led the day. jp morgan, goldman sachs and financials did well. apple and coca-cola were the losers apple down about .6% wilfred went through the winners, energy, health care eli lilly the biggest gainer on the s&p 500. the nasdaq down 1.25%. still up for the year as are all the major afternoons but a pullback on tech weakness. pullout out of tesla, amazon, facebook, alphabet -- all the winners. coming up this hour, richmond federal reserve president tom barkin in his first interview as a fed voting member on whether there is a risk of too much stimulus being ejected into the economy. we are talking fiscal ahead of president-elect biden's big proposal on thursday first, jim la camp is still with us liz mullins joins the conversation first to mike. on a pullback day what stood out as far as what could have staying power if this was a market that

i'm sara eisen here with wilfred frost and mike santoli take a look at how we finished the day on walltreet the dow ultimately closed below by 382 points. we climbed a little back from the lows especially in the final hour of trade. we got down to down 724 on the dow after hitting a high at the open the s&p closing down 1.5%. worst day for the s&p since october 28th so more than two months. we saw all sectors closing negative, except for energy. energy just popped into positive in the final moment of trade real estate the hardest hit, down 3.3%. utilities and industrials also lagging. nasdaq closing down 1.5%, and the russell 2,000 also closing lower by about 1.5%. keep in mind, all of these major averages were coming off record highs. and a very strong run off those march lows shares of quantumscape cratering today. one of the hottest stocks of 2020 when it went public in november lost a good chunk of its value last i lookd, down 40% or so coming up, the ceo of the electric vehicle battery maker joins us to discuss today's move >> plus, the bitcoin bonanza, the cryptocurrency falling

i'm sara eisen here with wilfred frost and mike santoli, cnbc senior markets expectator. street dow slipped into the red in the last second or so despite intel coming out early, ahead of the bell, with its earnings after a media network seems to have broke ten embargo. the big beat, surged 7%. but the dow did finish lower chevron, wall greens and boeing, the biggest losers s&p 500 did eke out a small gain a record closing high. technology consumer strugs and communication services which typically march together were the three sectors that are higher energy lagged. nasdaq did well, up half a percent. record close tech had a very good day, the faang names, momentum names all working. the russell 2000 index of small cams lagged after running up to record highs of its own. down almost 1% there we are moments away from ibm and csx earnings intel numbers looekd early we will have analysis of all of the numbers coming up. >>> plus we are awaiting a white house briefing from president biden coronavirus ased a vier dr. fauci to give a briefing on the covid-19 strategy. we will joi