i'm wilfred frost along with sara eisen the dow up 1%, having its best day in weeks the russel is uping trying once again to push through new stimulus before the end of the year but the path remains uncertain. some meetings this afternoon we will keep you updated plus we are seeing weakness in recent ipos. doordash airbnb and snowflake all lower. on the flip side defensive sectors, value outconfirming, materials, utilities, financials are leading the charge all sect

i'm sara eisen along with kayla tausche who is in for wilfred frost today.around, stocks kicked off the shortened holiday trading week in the red but the dow is up 74 points right now in positive territory, sitting just below session highs heading into the final hour of trade. let's look at what's driving the action a new coronavirus strain in england raising red flags around the globe and weighing on sentiment leading severa

i'm sara eisen, here with wilfred frost. stocks mostly flattish to start the week. dow and the s&p losing steam flout the day. nasdaq is still outperforming solidly in the green. let's look at what's driving the action right now. the rollout of a vaccine begins here. first shots delivered and administered in the united states. plus, we will continue to watch the on again off again stimulus talks reports out of washington showing progress. that's helping sentiment today but we have yet to see details

i'm sarah isen with taylor in for wilfred frost again. one hour left of trade stocks shrugging off that new drama as a new wrench in the stimulus bill from congress. week ly jobless claims were better than expected spending and income both falling in the month of november energies leading the s&p higher as oil gets a boost with names like mayor than, diamond back. any close higher for the nasdaq is a record and we're on watch for a record for the russell 2000, which coincidentally past the 2,000 mark already. >> we'll have noted value investor scott black lay out his market predictions and give us two stock picks he likes at the levels we're at right now. home sales missing the mark for november we'll discuss the impact on the home improvement space with the ceo of angie home services, sarah. a lot coming up in the next couple of hours. >> all right we'll focus now on the big stories we're watching, mike santoli watching the market action as always kayla has the drama surrounding that new stimulus bill and meg tirrell on pfizer's new vacc

. >> i'm wilfred frost along with sara isen. markets taking a bit of a breather after yesterday's strong stock we've seen stocks move steadily higher throughout the day, the dow now positive some movement on relief bill this afternoon as democratic leaders in congress endorse a slim-down stimulus deal that could receive support from the gop. salesforce, leading the dow lower, getting punished for its announced acquisition. axiom down, what, 8% as we speak? down 15% this week and fed's beige book the dow, though, as we said, is higher, well off the session lows, sara. >> just getting a bit of a second wind there. jam packed two hours for you robert kaplan, dallas fed president, he will talk to us about what action still needed from the government or potentially the fed. and aaron levie, ceo of box, just reported earnings himself stock down a little bit right now. ciara and her husband, russell wilson of the seattle seahawks is teaming up with the former ceo of lululemon, christine day. ciara and christine day will join us later o

i'm sara eisen here with wilfred frost. mike santoli look at how we finished up another good day on wall street at least for the bulls the dow finishing up 104 points, dow, inc., the chemical maker, the best performer on the day, gm, travellers and j&j also doing well s&p 500 closing at another record high. it was energy that was the best performing group on the s&p 500. so far for the week we are up 1.5% on track for a second weekly gain. nasdaq closing at a record high, its 48th record close of 2020. you know i am keeping track, wilfred. it shows how strong and resilient the tech sector has been the small caps also doing well closing at record high of 1.4% they actually did the best we have seen a number of record highs notched for the small caps as well as we have seen this rotation into value into some of the cyclical groups like financials and industrials that do better in an economic recovery investors are on watch for the pricing of the doordash ipo. set to go public tomorrow morning we will bring you the pricing as

i'm sara eisen here with scott wapner who is in for wilfred frost today.oli look at how we finished up the day on wall street it does appear that every single major average closed a a record high the dow up 147 points or half a percent. it needed to close before 3218 we were well above that that would make it a record best performer today was j&j for the dow. the s&p 500, 3722. that is also a record close. it's the 31st record close of 2020 as for the nasdaq. all it needed was a positive finish we got well beyond that, .8 of a gain there for the tech heavy indirection. and the small caps closed at a record high. so far this week they are up 3.4% stephenth straight weekly gain outperforming some of the other major afternoons. >>> coming up, the ceo of nuveen first, let's hit on the record closes steph testify still with us. joyce chase from jp morgan joins the conversation first to you, mike on a positive close. what drove it? >> a bull market doing bull market things and december acting like december i don't know that it is that much more complimented we a

i'm wilfred frost with sara isen final days of the year it is off the highs of the session today. let's have a look at what's driving the action uk approving astrazeneca's vaccine for emergency use. that's helping sentiment wall street also weighing prospects of potential fiscal spending as stimulus checks begin rolling out to americans dow up around 70 points with 59 minutes left in the session, sara. >> bitcoin is zooming. the dollar is weakening. we will speak exclusively with professors, sir john bell of oxford university. he helped lead the development of the vaccine with astrazeneca. just got approved today. how long it could take to vaccinate the uk and the timeline for approval in the u.s. >>> plus the master of negotiation, rapper and entrepreneur master p is teaming up with former nba all-star baron davis. they'll join us to talk about the deal if it goes through. mike santoli tracking the market ylan mui has the latest on the $2,000 stimulus checks and the question whether that will pass in washington. mike, start us off with the action you're seeing in stocks. >> yeah,

i'm sara eisen here with day la tausche in today for wilfred frost. weakness to ends the week lower across the board after setting record highs a the open. one hour left of trade congress struggling to get covid relief across the finish line. and only a few hours left to prevent a government shutdown. we are awaiting new details from washington moderna's covid vaccine is moving forward but case numbers in the u.s. continue to surge threatening th

. >>> i'm wilfred frost along with kayla tausche who is in for sara eisen. dow higher s&p and nasdaq in the red. let's krv a will be at what's driving the action the chances of a stimulus deal fading as congress is poised to narrowly avoid a government shutdown but not much else travel and retail stocks slipping in light of that. the fda inches nearer to approving the emergency rollout of the pfize

i'm sara eisen here with wilfred frost.g from friday's record highs let's look at what's driving the action a significant jump in covid-19 case is hitting investors sentiment as we get dire warn prosecution health officials that has the growth names back in favor value underperforming, one of the reasons the nasdaq is still in the green at new all time highs.

i'm sara eisen aling with wilfred frost. and dow higher with one hour left in the day, the week, in the trading year. a slightly better than expectedid read on weekly jobless claims though millions remain unemployed. bitcoin hovering around record highs, gold having its best

i'm wilfred frost along with sara eisen stocks pushing higher to kick off the last week of 2020.rd highs for all four major indices inside of the close. let's look at what is driving the action the president finally signed the covid relief bill into law averting a government shutdown and ejecting stimulus into the economy. however case numbers continue to surge in the house and dr. anthony fauci warning it could get worse after the holidays yet, the stock market remains

. >> i'm wilfred frost along with sara eisen the nasdaq recovering a bit from yesterday's losses then the red. let's look at what is driving the action tech higher, ned flicks and apple up 1%. jobless claims rose more than expected creating more doubts about the strength of the recovery as covid-19 cases continue to rise in the u.s. and it's once again an ipo that is center of the action today. a huge pop for airbnb in its debut. the s&p currently flat

i'm sara eisen along with kayla tausche who is in for wilfred frost today. talk about a turnaround, stocks kicked off the shortened holiday trading week in the red but the dow is up 74 points right now in positive territory, sitting just below session highs heading into the final hour of trade. let's look at what's driving the action a new coronavirus strain in england raising red flags around the globe and weighing on sentiment leading several countries to ban flights from the uk >>> congress appears to be near the finish line on a new round of stimulus finally. >>> two stories we brought you on friday helping the dow's outperformance today nike's numbers and the financials, the best sector -- only sector in the green right now following last week's stress test and their ability to buy back stocks 59 minutes left to go in the session. coming up on today's show, mario gabelli joins us with a broader take on where to invest heading into 2021. plus, shares of claumia climbing sharp will he off the lows but still down doesn't digit in 2020 we will talk to the c

to "closing bell" i'm sara eisen here with wilfred frost. stocks are jumping to start off the month of december recovering yesterday's losses let's look at what is drivening the act. one hour left of trade movement on a stimulus deal. new talks and proposals are helping lift market sentiment. >>> pfizer and modernaq authorization in europe. >>> and factory data coming in better than expected in china. s&p, dow, and nasdaq at record highs. >> coming up a busy news day, and a series of big interviews as well. the ceo of gap, jonah snngal, her first interview since taking the job in march talking about the post covid lavin escape and the partnership with kanye west. plus we have patrick frisk with his partnership with steph curry. we will discuss the fierce competent anything footwear. >>> and salesforce's deal to buy slack is expected to be announced today after the bell we should get those details. and sales details also out after the close. looking forward to that. slack up a little bit today. >>> let's get to the market action mike santoli

i'm wilfred frost along with sara eisen stocks pushing higher to kick off the last week of 2020. record highs for all four major indices inside of the close. let's look at what is driving the action the president finally signed the covid relief bill into law averting a government shutdown and ejecting stimulus into the economy. however case numbers continue to surge in the house and dr. anthony fauci warning it could get worse after the holidays yet, the stock market remains resilie resilient. record highs for the major indices. amazon and apple leading the charge up about 4% each with 59 minutes left in trade, sara. >> welcome back. with a beard it's good to have you. that was a surprise. come up on today's show a bigtime under the radar winner this year we will talk with the ceo of fiver about the stock's 700% gain in 2020 and whether it can keep up that pace of growth. >>> plus, wonder woman scoring at the box office and on demand. let's get to the stories we are watching in the final hour of trade. mike santoli tracking the market action ylan moi with the latest on the stimul

i'm sara eisen, here with wilfred frost. stocks mostly flattish to start the week. the dow and the s&p losing steam flout the day. nasdaq is still outperforming solidly in the green. let's look at what's driving the action right now. the rollout of a vaccine begins here. first shots delivered and administered in the united states. plus, we will continue to watch the on again off again stimulus talks reports out of washington showing progress. that's helping sentiment today but we have yet to see details emerge. as mentioned, nasdaq is up almost a full percent. consumer discretion year and tech leading. and keep an eye on the record closing for the russel. 59 minutes left until the close. >> nasdaq also set for a record close despite the s&p and dow being flat. ahead, a care interview with the ceo of costco. we will discuss the customer's part this the covid-19 rollout. plus a busy day for m&a. we will speak with huntington bancshares about the company's multibillion merger in the bank space coming up later in the show. >>> first the historic rollout of pfizer's coro

with wilfred frost as always stocks losing steam throughout the day. dow, nasdaq, s&p and russel all lower, slipping away from those all-time highs we are at session lows what is driving the action a debate over the size of fiscal stimulus as congress takes up $2,000 checks. the future of that in the senate uncertain for now. >>> small cap momentum names losing steam throughout the day the russel down more than 2% right now. break surging, now up 7% taking some other chinese internet stocks with it as well more on that later in the show now, the dow is down 70 points or know, low was down at more than 100 59 left of trade. >> coming up in a few minutes, the vaccine and the path forward for states we will speak with the governor of colorado about how the rollout is going so far and the potential challenge of implementing the latest rounds of stimulus measures plus we usually turn to investor dan niles for his thoughts on tech but we will bring you his latest top picks across the entire market for the new year last year his return of his top five picks w

welcome, everyone, to "closing bell," sara eisen, here with scott wapner in for wilfred frost. prekt giving year end remarks on a year that has been plagued by a pandemic, a lot of pain and suffering. >> the darkest days are ahead of us, he emphasized ahead of us, with regard to the pandemic. it was blister iing the likes of which we haven't seen since he was on the campaign trial's went on over a number of topics as you have summed up. >>> we have a shot in the arm for restaurants. we will speak to the ceo of chipotle about the vaccine's impact on the industry, whether a return to normal will digitize that restaurant's strategy. >> he plus president stacey cunningham will join us following the s.e.c.'s new listing plan. >>> also joining us, bill gurley, he says the relief bill is a wonderful christmas present to vc backed start-ups we have a lot to get to. mike santoli is watching all the market action. >> market at least on a top-down level looks like it is quietly churning out there, the s&p hang agent the levels we have been at around three weeks or so pressure in the morni

i'm sara eisen aling with wilfred frost. the s&p and dow higher with one hour left in the day, the week, in the trading year. a slightly better than expectedid read on weekly jobless claims though millions remain unemployed. bitcoin hovering around record highs, gold having its best year in a decade. for 2020, here's where we stand. dow is up 6.5% s&p is up 15.5%, and the nasdaq up a whopping 43%. we are on track for record closes for the dow and the s&p at least levels. look we are up .3 right now on the s&p. if you are in due by lucky you it is 2021 over there. we have a live shot of the fireworks there. 59 minutes left of trading in the u.s. nice see the fireworks everybody is wait forth the new year. >> those fireworks are hard to beat but we are going to try because coming up, as always, an action packed show we will have the analyst from bank of america's top picks for 2021 plus we will speak with dr. scott gottlieb about the concerning rise in covid risk and the slower than expected rollout of the vaccine here in the

i'm sara eisen, if you are just joining us, along with wilfred frost.ow we finished up the day on wall street the s&p had its best day of december today there is the dow closed up 1.14%. pretty strong rally. up 340 points. the high of the day was 381. it was still buying all day long the s&p 500 up 1.3%. fiscal stimulus hopes did continue to dominate the narrative. the nasdaq up about 1.25%. it's the russell 2000, index of small caps, that is the star of the show closing at a record high, 1,959 is your level, up 2.4% money continuing to go into the small caps as of now for the year small caps are up 17%. that is better than the s&p 500, which is up about 14% year to date the nasdaq up 40% year to date tracking for its best year since 2009 coming up this hour, money ball takes on a whole new meaning as the spac craze hits the major leelgs we would talk about the chicago cubs chairman about the launch of a sports spac tony dwyer still with us also joining the conversation, meghan shoe from willington trust. tony, on a day like today there was real strengt

i'm sara eisen here with day la tausche in today for wilfred frost. stocks seeing weakness to ends the week lower across the board after setting record highs a the open. one hour left of trade congress struggling to get covid relief across the finish line. and only a few hours left to prevent a government shutdown. we are awaiting new details from washington moderna's covid vaccine is moving forward but case numbers in the u.s. continue to surge threatening the fragile economic recovery. it is a big volume day in the market tesla joins the s&p 500. that stock at a record high approaching $700 per share 59 minutes left in trading the russel is the only index in the green. small caps continue to power ahead. >> all s&p sectors into the red. there are some snags here in washington on the stimulus negotiations we will get a look at that we have a big show ahead. come up in just a few minutes. a big exclusive interview you will not want to miss. fed vice chair richard clariada joins us nike's fair friday afternoon earnings report and the results of the ban

. >> i'm wilfred frost along with sara eisen the nasdaq recovering a bit from yesterday's losses the dow and the s&p still in the red. let's look at what is driving the action tech higher, ned flicks and apple up 1%. jobless claims rose more than expected creating more doubts about the strength of the recovery as covid-19 cases continue to rise in the u.s. and it's once again an ipo that is center of the action today. a huge pop for airbnb in its debut. the s&p currently flat nasdaq up about half a percent 59 minutes left in the session down a quarter of the percent on the nasdaq sara. >> big interviews come up in the next few minutes first the ceo of barclays will be joining us to talk approximate the margaret and the global economy and deal making in the red hort ipo market it is a cnbc exclusive then a group of blue championship ceos making an announcement forming an organization called one ten to close the race gap in corporate america. members of that organization will join us to talk about that topic. first, mike santoli on the high flying momentum parts of the market and lesli

. >>> i'm wilfred frost along with kayla tausche who is in for sara eisen. the dow higher s&p and nasdaq in the red. let's krv a will be at what's driving the action the chances of a stimulus deal fading as congress is poised to narrowly avoid a government shutdown but not much else travel and retail stocks slipping in light of that. the fda inches nearer to approving the emergency rollout of the pfizer vaccine. investors are closely watching that process the blockbuster story isn't an ipo today. disney up a whopping 15% more on their plans for disney+. all of the major averages heading into positive territory, except for the russell 2000. >> the nasdaq and s&p 500 on track for their worst week in sick it has been a big week for oipz ipos despite the mixed week, doordash and airbnb soaring in their debuts what about the auto driver spacst and ipos. we will talk with an expert in that space and investors are awaiting emergency use authorization of pfizer's covid vaccine and eventual rollout we will talk with a co-chair of mountain sinai's board of trustees ab

to "closing bell" i'm sara eisen here with wilfred frost.tart off the month of december recovering yesterday's losses let's look at what is drivening the act. one hour left of trade movement on a stimulus deal. new talks and proposals are helping lift market sentiment. >>> pfizer and modernaq authorization in europe. >>> and factory data coming in better than expected in china. s&p, dow

i'm sara eisen here with wilfred frost.e green the nasdaq and s&p are looking at new record closes let's look at what's driving the action right now dow is up more than 100 points boeing is a big gainer on a new deal for 737

i'm wilfred frost along with sara eisen stocks broadly higher this afternoon. the high now it is about 100. either way, well off the lows of the session this morning let's will be at what's driving the action the pfizer vaccine rollout begins in the uk the astrazeneca candidate gets a small vote of confidence that's helping sentiment. we just got in head lions on stimulus negotiations signaling congress mig

. >> we will do our best it's wilf and kayla i'm wilfred frost, kayla tausche in for sara eisen todaynumbers and the economic recovery. that's set the start any second.

with wilfred frost as always stocks losing steam throughout the day.ow, nasdaq, s&p and russel all lower, slipping away from those all-time highs we are at session lows what is driving the action a debate over the size of fiscal stimulus as congress takes up $2,000 checks. the future of that i

i'm sara eisen here with wilfred frost. stocks are green the nasdaq and s&p are looking at new record closes let's look at what's driving the action right now dow is up more than 100 points boeing is a big gainer on a new deal for 737 maxes we will dig into that stock in a bit. jobless claims dropped good news stemming a recent downturn in the labor marked more than 11 million americans remain on unemployment benefits. we are seeing movement on a stimulus package the russel cap always the up a% here with 59 minutes left until they close. >> coming up on the show he leads the largest grocery crane in the u.s., kroger's ceo rodney mcmullen will join us we will talk about covid surges and competition with the likes of amazon and walmart. >>> and bob davis with highland capital will join us to debate the investment world's latest fad, spaces and where he wants to put money to work. >>> let's focus on the big stories today. we have mike as always tracking the market action. and ylan moi has the lat(est on stimulus negotiations w

. >> we will do our best it's wilf and kayla i'm wilfred frost, kayla tausche in for sara eisen todaybiden expected to speak on the jobs numbers and the economic recovery. that's set the start any second. we will bring you to it live when it begins let's elook at what is driving the numbers today. millions of americans remain out of work. could that weakness pressure lawmakers to reach a stimulus deal we will see. negotiations are under way as we speak. the dow up some 200 points or so two thirds of a percentage with 59 minutes left in the trading week kayla. >> wilf, it is great to see you on this friday afternoon coming up on the show, door dash and airbnb ipos to come next week and a big test for appetite of some names in growth tech speaking of high growth, scott cutler, we will get his take on the e competition in apparel and sneakers mike santoli has the market covered. ylan moi is tracking the latest movements on a stimulus deal and we will dig about sboo the jobs report with dana peterson. mike first to you. what are you seeing behind the charts. >> almost all news translated

i'm sara eisen here with scott wapner, who is in for wilfred frost. welcome back, scott.are pushing higher. the russell 2000 outperforming one hour left of trade an ugly jobless claims number pointing to weakness in the labor market with millions unemployed despite that we still don't have a stimulus deal. we have heard that law make remembers making progress but investors are monitoring for any concrete plan.

i'm sarah isen with taylor in for wilfred frost again.r left of trade stocks shrugging off that new drama as a new wrench in the stimulus bill from congress. ttek ly jobless claims were

. >> i'm wilfred frost along with sara isen. a breather after yesterday's strong stock we've seen stocks move steadily higher throughout the day, the dow now positive some movement on relief bill this afternoon as democratic leaders in congress endorse a slim-down stimulus deal that could receive support from the gop. salesforce, leading the dow lower, getting punished for its announced acquisition. axiom down, what, 8% as we

i'm wilfred frost with sara isen final days of the year it is off the highs of the session today.ok at what's driving the action uk approving astrazeneca's vaccine for emergency use. that's helping

i'm sara eisen here with wilfred frost. stocks mostly leer to start the week, retreating from friday's record highs let's look at what's driving the action a significant jump in covid-19 case is hitting investors sentiment as we get dire warn prosecution health officials that has the growth names back in favor value underperforming, one of the reasons the nasdaq is still in the green at new all time highs. faang stocks, tesla all rallying today. faz stimulus negotiations weren't enough for congress the government shuts down on saturday without a spending bill investors eyeing any progress on those fronts the dow up just about -- 208 points right now we have 59 minutes left of trade, wilfred. >> certainly do. come up on today's show, exxon is facing an activist investigators from one of the biggest pension funds in this country, calstrs and domino's ceo relationship allison has the latest for delivery competition. >>> and former fda commissioner dr. jane henny will give her take on the timeline for vaccine districts and what

. >> yeah, but off the lows at least at the close i'm wilfred frost along with sara isen and mike santoli on the s&p, .3% on the dow, nasdaq still down the best of 2%, but have been down around .3, .4% at the lows of the session. industrials and energy just higher tech the worst performing sectors as you might expect. >>> doordash shares skyrocketed after going public today, up 70% or so. now investors are waiting airbnb's pricing, which could be unveiled this hour no dobt they've been watching doordash today we'll bring you the details as soon as that happens. >>> plus an exclusive interview with campbell's ceo, people stockpiling food as coronavirus soar sarah malik joins the conversation very good afternoon to you, sarah. mike, i will come to you first in terms of the performance. one thing we haven't touched on yet, the yields ticked up today and so did the vix you might expect that with the selling. things to keep an eye on as well. >> it sort of shows you that this wasn't really about any kind of stirrings of macroeconomic concern hitting the equity market. it was mostly just the po

by the way, welcome to closing bell, everyone i'm sara isen with mike santoli today as wilfred frost is on holiday for the holidays mike, as far as market reaction, soothing to hear powell sound very accommodative he did not change the composition of the bond purchases as some thought he might. didn't talk about buying or focusing in on the longer end but did talk about the fact that the fed is there and could do more if needed. >> absolutely. s&p at the highs it was a comforting message, and i think investors largely comforted. not too surprising, many of the details. we'll certainly get much more into the fed and the response in a moment also coming up on the show, high time for a deal. ceos of tilray and aphria. plus, ceo of adidas weighs in on everything from kanye west and the focus of its brand let's bring in david zerbos, and paul mccauley, former pimco chief economist. thanks for sitting there, watching the press conference with us. paul, let me start with you. as sara was saying, chair powell was really vociferous in saying, look, we know the economy is going to get better n