i'm scott wapner we're at the new york stock exchange in just a bit i'll speak to dr. scott gottlieb on the worsening, even as that company loosens some restrictions. and we'll find out what it all means for already nervous investors.

see you tomorrow now into "overtime" with scott wapner >>> welcome to "overtime."uch, sara i'm scott wapner we are just getting started from post 9 at the u.s. stock exchange is an end of year rally dead after another rough day for stocks btig's chief market technician jonathan krinsky housing will hit we'll bring that up. timely read on that troubled sector the president is about to speak out in arizona as taiwan semimakes a massivin

let's send it over to scott wapner with "overtime. >>> thaenks very much. welcome to overtime.'re watching the cloud for key earnings for growth invests, pagerduty and zscaler. we begin with our "talk of the tape." the rally taking a pause after the big burst yesterday.

turning it into "overtime" with scott wapner >> thank you very much >>> welcome to "over time.getting started for the close of the stock exchange. in a bit i will speak to cameron dah some of newedge wealth who has been on the right side of the market all year long i will ask her what is likely to happen as we welcome in 2023 that is the "talk of the tape. one of the worst performances on record of stocks, where do we go from here? let's ask someone who watched and navigated fo

i'm scott wapner you heard the bells. we're getting started.t, we'll be joined by mark newton on what stocks are likely to do now given today's stunning reversal after that cpi we're also following the late breaking story on apple that could have major impact on the company's lucrative app store. stay tuned for that. good to have everybody with us today. we have dan greenhaus here, joe te terranova as well.

let's get over to "overtime" with mike santoli. [ bell ringing ] >> thank you, carl i'm in for scott wapnert getting started. we begin with our talk of the tape a bit of a rough day for wall street stocks pulling back. though well off their lows of the day, tech taking it the hardest. the index is on pace for the third straight week of losses.

i'm scott wapner, front and center this hour $10 trillion.ing amount of money lost in u.s. stocks this year, the worst for your money since 2008 it's been a top-heavy takedown, too. apple, microsoft many other megacaps accounting for the biggest share of that suffering. will there be a reversal in 23 we'll debate that today with the investment

. >>> good friday morning, and welcome to "squawk on the street," i'm morgan brennan with scott wapner and mike santoli live from the new york stock exchange we're going to take a look at futures. this friday morning, this last day, this last trading day of 2022, we're poised to open lower. so much for that, i guess, early whiff of a santa rally we saw yesterday, with the dow down 151 points right now, the s&p in a position to open down 26 points and the nasdaq down 114 points our road map is going to start with the last trading day of 2022 major averages heading toward their worst performances in more than a decade. >>> plus a generational opportunity in fixed income. >>> and southwest hoping for stability. the airline saying it expects operations to return to normal today. >> all right, we're going to begin with the markets, though, on this last trading day of 2022 stocks are on pace for their worst year since 2008, the nasdaq, the biggers underperformer, down more than 30% on the year. we also have some new data today from cnbc's delivering alpha investor survey. when asked about th

. >>> i'm scott wapner front and center this hour good-bye 2022, hello new year. will it be a better year for your money we'll discuss and debate that with the investment committee. we'll show you what we're doing just past 12:00 noon in the east on this final trading year of the day.

i'm scott wapner front and center this hour santa claus versus the grinch in a fight to the finish of the year anyway can stocks mount a rally in the face of fed and recession fears and with sentiment so bad? we debate that with the investment committee today right here with me at post nine cnbc's jim cramer. let's check the markets here just past 12:00 noon in the east it's a mixed picture i think we're still kind of in a wait and see for next week but, jim, we do i feel like have a santa versus the grinch feel evercourt today says here comes santa claus, superior technical position against asset classes cnbc all america survey, people are hating on stocks just 26% of the public believe now is a good time to invest in stocks i've got seasonality versus sentiment. what wins out and why? >> it dove tails very much with what i'm seeing on squawk on the street which every morning i get up and i see multiple pieces that are negative, very few that are positive >> santa claus isn't going to every house, is it >> you know what santa claus likes, it likes blue chip stocks, mcdonald's, unh, m

judge and the half >>> all right, guys, thauchk very much and welcome to the half time report i'm scott wapner front and center the final stretch for stocks and why some say a santa claus rally is still in the cards for your money. we'll discuss and debate with the investment committee let's take a look at the markets here, 12:00 noon in the east and we're trying to put a little something together here. dow is good for 135. s&p is down still 5. nasdaq down about 94, and hers the russell 2000 down 0.5% the implications, what the outlook may hold for 2023, but we've got to start with our chart of the day we're diagnose it now because i think it's the most interesting story in the market. right now it hits another new low. the market cap has fallen now below wal-mart and jp morgan if you consider where it started this year, joe, it was north of 1$1.2 trillion, okay? now it is as i look at it now, it is like $355 billion. that to me is emblematic of the story of the year in the stock market itself for stocks like that >> without question. the beginning of the downfall for tesla was in early april

welcome, everybody i'm scott wapner you just heard the bells we're just getting started here at the new york stock exchange we'll get the outlook in tech in 2023 from somebody who has made a lot of money investing in. rick heitzmann, is there more pain to come would he put fresh money into silicon valley startups right now? we'll begin with our talk of the tape despite today's bounce, it is still the wors

i'm scott wapner front and center this hour reversing the wreckage in techch the nasdaq is still sitting record high. we debate what might change that slide with the investment committee. let's check the markets. we always do a little bit of bounce today in the nasdaq, too. nasdaq is up 1%. still feel like we're waiting for next week. that's where the action is josh, what breaks the slide in tech because

i'm scott wapner momentum for the rally and whether the stmarket will send stocks surging and kill the claus appearance we'll discuss that with the investment committee, joining me, bryn talkington, joe teranova, and you see them and the dow's good for 278 there it is. s&p a half percent 358 the yield on the ten-year note and liz, the cpi is everything tomorrow and the fed is everything on wednesday

. >>> i'm scott wapner front and center this hour good-bye 2022, hello new year. but will it be a better year for your money we'll discuss and debate that with the investment committee. we'll show you what we're doing just past 12:00 noon in the east on this final trading year of the day. dow down about 200 points. s&p approaching that decline there. nasdaq down about the same amount we always check the ten-year note yield at 388. so we'll keep our eyes there as what would be the worst year since 1945 joe, the worst since '08 the good news is that the market tends to not have another down year after an already dismal year, for whatever that is worth. >> i think the best news is it won't be 2022 anymore because we just want to say good-bye to it completely i think the beginning of the year is where the highest probability exists to be a high recovery rally i would be surprised if in the first two weeks of january you did not see a return of capital into the equity market, into the fixed income market. i think generally right now is the expectation the cpi print on

i'm scott wapner, front and center this hour $10 trillion. it's a staggering amount of money lost in u.s. stocks this year, the worst for your money since 2008 it's been a top-heavy takedown, too. apple, microsoft many other megacaps accounting for the biggest share of that suffering. will there be a reversal in 23 we'll debate that today with the investment committee we're at session lows. dow is down 230. we are barely hanging onto 33,000 the s&p 500 is below 3800. it's a loss of 30 points nasdaq is down by a little more than 1%. yields ticking up lately, too. today 286. session lows, there was a report that you flagged to me earlier, a bloomberg report of 50% of passengers arriving in milan from china from two different planes positive with covid it goes to where sentiment is. doesn't take much to shake-up this market right now. >> no, it completely underscores how concerning sentiment is in the market there's a correlation between sentiment, measuring or taking the temperature of sentiment and therefore answering the question of 2023 is t

overtime with scott wapner >> thank you very much welcome to overtime. heard the bells we're just getting started here at the new york stock exchange today. we have important earnings about to hit including lululemon, costco and broadcom. the stock moves i know you want to see eric jackson is going to be here with us today on whether you should buy or sell the tesla slide. which continues. an

. >>> carl, thank you very much, and welcome, everybody, to the half time report i'm scott wapner front and center this hour, a game changer for stocks. is that what today's cpi is? is it a game changer for the fed and how high it might hike we'll discuss that with the investment committee joining me for the hour stephanie link, josh brown, and jim labenthal. dow still good, but only up 112. s&p still up near 1%, not nearly as high as it was. it's cut in half that gain it had. nasdaq good for one and a third. going to get to all of it, the ramifications for the stocks and fed. but first we get to elan moi in washington just a stunning level as carl was laying out of stunning revelations at ftx >> the current ftx ceo characterizing what happened at the company as old-fashioned embezzlement, not sophisticated at all he's calling this a paperless bankruptcy because of the complete lack of documentation in fact, even in the cases where there was a paper trail, he said it raised more questions than answers. he pointed to the example of a loan that sam bankman-fried apparently took out in whi

i'm scott wapner we are just getting started at the new york stock exchange.ing up in just a bit, solus' dan greenhaus, do better days lie ahead in 2023? >>> the crash of tesla shares, that stock suffers threat rough session, hitting another 52-week

. >>> i'm scott wapner, you heard the bell getting started at post 59 at the stock exchange in a moment with frencher capital rick heitzmann we'll ask key questions, and mike mayo back with us after making a key move on bank of america today. it's been his top pick in the space. has that now changed we b

i'm mike santoli in for scott wapner you just heard the bell.arted from post 9 here at the new york stock exchange we are awaiting breaking quarterly results from fedex and nike, two marquee names that could give us a good read on the health of the economy. we'll bring you those numbers appea and the stock reactions as soon as the earnings hit. we begin with the talk of the tape stocks snapping a four-day losing streak just marginally. but it has been

going to happen next year this is the question on everyone's minds, guys let's hand it to over to scott wapner and the half. >>> welcome, everybody to the half time report front and center this our hour what the last days of the year might hold for your money as we closeout a tough run for stocks. will next year be any better does how we end this year have any bearing on what happens next we discuss and debate that with the investment committee joining me for the hour today. let's take you to the markets, we're basically highs of the day. dow jones industrial average good for nearly 400 points, s&p a bit stronger than that the nasdaq the big winner today which is higher by 2.75% certainly going to be in the top five it looks like no matter what happens today that's where we'll begin, liz. most people have moved on from thinking about what the final and do you think it has any bearing how we start the new year. >> sentiment doesn't care we've crossed a certain day in the calender i would caution people like i have in the last few weeks don't have a short-term memory being down before today 7.3%

judge and the half >>> all right, guys, thauchk very much and welcome to the half time report i'm scott wapnerront and center the final stretch for stocks and why some say a santa claus rally is still in the cards for your money. we'll discuss and debate with the investment committee let's take a look at the markets here, 12:00 noon in the east and we're trying to put a little something together here. dow is good for 135. s&p is down still 5. nasdaq down about 94, and hers th

going to happen next year this is the question on everyone's minds, guys let's hand it to over to scott wapner>> welcome, everybody to the half time report front and center this our hour what the last days of the year might hold for your money as we closeout a tough run for stocks. will next year be any better does how we end this year have any bearing on what happens next we discuss and debate that with the investment committee joining me for the hour today. let's take you to the markets, we're basically highs of the day. dow jones industrial average good for nearly 400 points, s&p a bit stronger than that the nasdaq the

we'll send it over to "over time" is scott wapner. >> welcome to "overtime.e getting started in a little bit i'll speak to schwab's liz anson ders we begin with our talk on the take soft landing scenario, is it becoming more likely even in the face or mof fed tightening dan greenhouse is here with me onset. is that part of the conversation now? soft landing is more possible than

i'm scott wapner front and center this hour cleared for take off and back to the gate what today's reversalig move in stocks yesterday and whether that end of year rally is really possible now. we'll debate that with the investment committee also on set with us today is brian bellsky. 12:00 noon in the east it is a down day salesforce obviously a big weight you've got the s&p 500 regaining 4,000. that's the highest level since

. >> welcome to "overtime," i'm mike santoli in for scott wapner whistleb we're just getting startedicron earnings are about to hit the tape we'll bring you the numbers and instant stock reaction as soon as those results cross president biden and ukrainian president volodymyr zelenskyy are about to kick off a live news conference in washington. we'll take you live to

. >>> welcome everybody to the half time report i'm scott wapner front and center this hour hot jobs, cool stocks. what today's job report does to those rally hopes. we'll debate that with the committee today. let's check the markets, go to the wall we're well-off the lows today. dow was down 35 on the back of that jobs report only down 75 now s&p was down near 20 is down near 50. nasdaq it was down 185, so it's cut 80 points off that loss. and yields, nut a huge move either they're backing off a bit, too 356 is the yield on the ten-year note you know, jimmy, after the jobs report you're like, okay, that spoils the whole party because it gets everybody thinking, well, the fed is going to be too aggressive now, but now the market is trying to fight its way back that's seasonality on your side. is it enough >> maybe it's a tone change, scott. i thought the same thing you just said, i thought, oh, man, this is like july. we opened up 1.5% and crescendoed down during the day. that doesn't seem to be appearing what's happening >> why is that >> could be seasonality, but i think it's more t

i'm scott wapner momentum for the rally and whether the stmarket will send stocks surging and kill the santa claus appearance we'll discuss that with the investment committee, joining me, bryn talkington, joe teranova, and you see them and the dow's good for 278 there it is. s&p a half percent 358 the yield on the ten-year note and liz, the cpi is everything tomorrow and the fed is everything on wednesday what do you see this week? >> i think it's tomorrow more than wednesday so your opening comment was does the fed send us, catapult us into the rally into the end of the year, if there's anything that keeps a rally going into the end of the year it's cpi tomorrow i am not incredibly hopeful. >> is that because of the pp next week? is it because of the wage growth is revised upward. i'm not that optimistic that it will surprise us to the downside if you're betting on a rally into next year and if you're one of those that doesn't believe that we have another drop in the market you must be betting on multiple expansion because you have to assume that earnings are at least going to stay fl

i'm scott wapner front and center this hour santa claus versus the grinch in a fight to the finish of year anyway can stocks mount a rally in the face of fed and recession fears and with sentiment so bad? we debate that with the investment committee today right here with me at post nine cnbc's jim cramer. let's check the markets here just past 12:00 noon in the east it's a mixed picture i think we're still kind of in a wait aee

i'm scott wapner front and center this hour reversing the wreckage in techch the nasdaq is still sitting 30% off its record high. we debate what might change that slide with the investment committee. let's check the markets. we always do a little bit of bounce today in the nasdaq, too. nasdaq is up 1%. still feel like we're waiting for next week. that's where the action is josh, what breaks the slide in tech because you look at the other major averages which have come well-off their lows, nasdaq can't get out of its own way, so what stops that slide? >> i would tell you not to fixate on it the best way to think about what's taking place right now in the market below the surface at the index level is that new groups are taking market cap away from tech, and as that process continues, it could go on for a really long time. technology got to like # 26% of the s&p 500. it's not that it's a small industry it's a huge industry, but that's way-out sized relative to, for example, employment. only 2% of the labor force works for technology companies so we really just had outsized representation t

. >>> welcome everybody to the half time report i'm scott wapner front and center this hour hot jobs, today's job report does to those rally hopes. we'll debate that with the committee today. let's check the markets, go to the wall we're well-off the lows today. dow was down 35 on the back of that jobs report only down 75 now s&p was down near 20 is down near 50. nasdaq it was down

. >>> carl, thank you very much, and welcome, everybody, to the half time report i'm scott wapner front and center this hour, a game changer for stocks. is that what today's cpi is? is it a game changer for the fed and how high it might hike we'll discuss that with the investment committee joining me for the hour stephanie link, josh brown, and jim labenthal. dow still good, but only up 112. s&p still up near 1%, not nearly as high as it was. it's cut in half that gain

i'm scott wapner front and center this hour cleared for take off and back to the gate what today's reversal says about that big move in stocks yesterday and whether that end of year rally is really possible now. we'll debate that with the investment committee also on set with us today is brian bellsky. 12:00 noon in the east it is a down day salesforce obviously a big weight you've got the s&p 500 regaining 4,000. that's the highest level since mid-september, back above its 200-day moving average for the first time since april the dow by the way out of bear territory. we've got all of that to work with as we react to what powell said yesterday which wasn't exactly new but he didn't seem to upset things. i know we have a bit of a reversal today how do you see it here >> i think part of it going into yesterday was the market had an expectation what he was going to say and that's what he said. but part of the market was thinking, hey, he's going to have to double down and he didn't he's very clear i don't think it's particularly positive for the market next year, at least the beginning of the

see you tomorrow into jt "overtime" with scott wapner we're head getting started from post 9 oracle earningsinent we'll have the numbers and the stock move as it happens, really important especially on the back of salesforce. we'll see exactly what happened there. also, dan ives on why wedbush is stunning in the new year our "talk of the tape," cpi tomorrow, the fed decision wednesday, the stakes as you know to could not be higher, especially with

i'll send it to "overtime" with scott wapner >>> welcome to this friday edition of "overtime."e just getting started here. we got a big show ahead. in a little bit, i'll speak live to the "wall street journal's" nick timiraos on what is likely to happen at the next fed meeting. did it derail the year end rally? we'll eric eric johnston that question e your money in the final stretch. what is likely to happenn

i'm mike santoli in for scott wapner we're just getting started in just a bit i'll speak with bank ofist about the sell-off in oil and where he sees prices headed from here a top technician bringing us his three best looking charts in the market right now we begin with our talk of the tape the late day drop into the close, stocks selling off in the final minutes of the trading session here you see th

here, i don't know if it's worthy, though, given this market action welcome to "overtime" i'm scott wapner you heard the bells. we are just getting started here at the stock exchange where the stock market had a miserable day. adobe earnings crossing any moment now the tech space wrecked big time today. we'll have that report, the

. ♪ >>> good wednesday morning, and welcome to "squawk on the street," i'm morgan brennan with scott wapnernd mike santoli. carl, jim, and david have the morning off. we're going to take a look at futures with 30 minutes until the opening bell and you see some green on your screen, although we're fading this premarket rally here. the s&p is poised to open up about 3.5 points the dow, up 36, and the nasdaq, hanging on to gains here premarket, poised to open up 4 points after that 1.4% selloff the selloff continues in the nasdaq we're going to start with our road map, though tesla trying to rally following yesterday's steep declines the stock on pace for its worth month, quarter, and year ever. >> plus more troubles for southwest airlines already canceling more than 2,000 flights today, the company's ceo apologizing to his customers. >>> and amc's ceo adam aron asking his board of directors to freeze his salary in 2023 amid the company's sliding stock price. >> but we begin with tesla, which did drag both the nasdaq and the s&p lower yesterday. got another price cut this morning, this time fr

. ♪ >>> good thursday morning, and welcome to "squawk on the street," i'm morgan brennan with scott wapnernd mark santelli, live from post nine at the new york stock exchange. we're looking at futures right now which are poised to open, major averages poised to open higher with the dow up 159 points s&p poised to open up 26, 27 points, and the nasdaq, the outperformer, at least premarket, poised to open up 123 points, that coming after another rough day for the markets, particularly the nasdaq, particularly the tech stocks with yields this morning taking a breather as well. our road map starts with tesla snapping a seven-day losing streak as musk tells his employees to ignore the stock's volatility >>> plus goldman-sachs ceo david s solomon saying to expect job cuts >>> the u.s. requiring airline passengers from china to test negative before their flights. >>> a lot to get to, but we are going to begin with tesla, trying to build on yesterday's gains, and a bounceback from a rough december ceo elon musk sending an email to tesla employees yesterday saying, "don't be too bothered by stock m

. >>> good friday morning, and welcome to "squawk on the street," i'm morgan brennan with scott wapnerntoli live from the new york stock exchange we're going to take a look at futures. this friday morning, this last day, this last trading day of 2022, we're poised to open lower. so much for that, i guess, early

. ♪ >>> good thursday morning, and welcome to "squawk on the street," i'm morgan brennan with scott wapnerlive from post nine at the new york stock exchange. we're looking at futures right now which are poised to open, major averages poised to open higher with the dow up 159 points s&p poised to open up 26, 27 points, and the nasdaq, the

. ♪ >>> good wednesday morning, and welcome to "squawk on the street," i'm morgan brennan with scott wapnerim, and david have the morning off. we're going to take a look at futures with 30 minutes until the opening bell and you see some green on your screen, although we're fading this premarket rally here. the s&p is poised to open up about 3.5 points the dow, up 36, and the nasdaq, hanging on to gains here