2000 sitting on a 1.3% gape actually pushing the 2,000 level on the russel. russell 2000, 2,000 not far in the windshield >> a strong close, and a quadruple record there it is. welcome back, everyone, to "closing bell. i'm sara eisen here with scott wapner who is in for wilfred frost today. and mike santoli 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 c

it was mexico's anthem playing on the podium this week but russell may get a chance to avenge his bad luck if hamilton doesn't recover in time for the season ender in abu dabi if that race is half as exciting as this one we're in for a treat david stokes al-jazeera. earlier in bahrain michael schumacher son mick claimed the f 2 sides ahead of his graduation to formula one the german failed to finish in the points in sunday's final race of the season but didn't matter as it's near his rival callum also you couldn't get enough points to have won him 21 year old will make his f one debut with hass next season following in the footsteps of his father who won 7 world championships. i don't really understand or. the term been yet i guess it's going to take a few days maybe. said i. i'm so happy and so grateful to be working with people and i've got to learn them you know personally and so well and i really can say that you know old friends of mine and. i want to say i love you to those guys ready it's. really big just to home and be ready for it to everybody. she back it was and congratulat

music from russell dickerson. later this week, we've got new shows with george clooney, zendaya, rita wilson, amanda seyfred, diego luna, john mulaney, and we'll have music from tones and i, devon gilfillian, and paris jackson. daughter of michael. who is very talented. our first guest tonight is an oscar-winning actor, a director, producer, activist, thunder goddess, and now best-selling children's book author. "natalie portman's fables" is available now. please say hello to natalie portman. >>> hi, natalie. >> hello. held had oh. how are you? >> jimmy: i'm good. you are very far away from us. aren't you? >> i am, i'm down under. >> jimmy: yeah. >> australia. >> jimmy: like, what time is it there, now? >> it's noon on tuesday. >> jimmy: oh. it's -- >> we are in december here. >> jimmy: oh, wow. what's december going to be like? give us a preview. >> summer is starting, guys. >> jimmy: all right will. it's the opposite season wise over there. well, it still feels like summer here really. how long have you been in

and look for russell. looks like a picture that really. scuppered to piers chances as they finished well off the pace. but one man's anguish is another's joy and there was something of a feeling tail said he'll perez's 1st ever when the mexican was in his canal to mccrone pre with racing point and is without a team for next season. it was a landmark day 2 for frenchman esteban kong who was overcome as his 2nd place clinched in the 1st ever spot on the podium. i cried on the line for much more than you know going through my mind i fully but the day belonged to race when their pet is who would like a car struggled to hold back the tears. you're watching the news up next world stories some of our best reports from the past week including seeking justice for syria's chemical weapons attacks i think i'll be back with more news headlines at the top of the out. in the eye of climate change. for. what's in store for. one thing is to make up for the future. costs are going to go city to go to insight good coach or. from a ghetto to college. everyon

. >> welcome to the heritage foundation, the russell kirk lecture series hosted by the fuller institute. i'm the director of the simon center and it is a privilege to be part of the russell kirk lecture series because of the amazing will influence of russell kirk as one of the most important conservative thinkers of the twentieth century, we are proud to honor his legacy. before introduce the speaker, quick housekeeping item, you want to have your microphones unmute, use the checkbox, questions for the speaker as we get to the q and a time in this event will be viewable online, 48 hours after the event. let me say a few words about david rose, professor of economics at the university of missouri st. louis, served as department director of graduate studies and department chair, phd in economics at the university of virginia, published numerous scholarly articles, his work has been quoted by the national institute of mental health, the john templeton foundation, david rose contributes to policy debates on social security, monetary policy, educational reform and healthcare reform. he works

series because of -- lecture series because of the amazing work of russell wic. we are proud toonor his legacy at the heritage foundation. just som quick housekeeping items, you want to hav your microphones on mute, use the chat box over there for requests to the speakerhen we get into the q&a time. and this event will be viewable online, i think in about 48 hours after the event. so let me say a few words about our speaker, dr. david rose, professor of economics at the university of missouri-st. louis. he served as the department director of graduate studies and department chair over there. he received his ph.d. in economics from the university of virginia. he's published numerous scholarly articles, his work has been funded but the national city institutes of millionth, the earhart foundation, the john r. templeton foundation. dr. rose also contributes to policy debates on topics ranging from social security, monetary policy, judicial philosophy, education reform and health care reform. he does work on the evolution are of firms and what he calls the new busine

let's bring in the whiz kid, austin russell. great to have you. i'm sure this is an unbelievable day for somebody like you. what's this like? >> absolutely. no, it's incredible and surreal. thanks for having me on here, too. it's great to get a chance to connect. it's certainly been eventful, a lot of sleepless nights and you know, there's a whole lot of work leading up to all this. it's been eight years on the journey here up to this date of us going public. it's always been part of our road map but excited to be able to get out there and lead up to a strong close even despite the head winds of 2020. we have got some great feathers in our cap for major oem and business wins leading up to it. just keep charging on. liz: yeah. well, you know, you guys make these light detecting and radar sensors. i know from lidar because i covered the autonomous driving scene. what makes yours different? because you have a very interesting sort of tagline where you say that these systems which basically send out lasers at objects that are on the road and then meas

russell once again better by 2%. kelly. >> tyler, thank you. frosty, thank you well the march lows has brought in many retail investors. kate >> hey, kelly, this new generation of investors is taking to reddit, twitter and even tiktok to post about their trades sofi announced the ability to follow and comment on trades webull does the same, commonstock is a social net work for investing and public, which announced a funding round today is a broker that also calls itself an investing social network. by only allowing verified traders into these conversations, companies say that it's safer for the flog of new retail incestors they avoid those sites that look for trading advice this u might n you might not know the motives behind such advice researchers found that trade who are had the right balance of diversity of ideas had a return on investment that about 30% higher than the others kelly. >> it's fascinating, kate. thing you this and investors included tony hawk, will smith and the -- anyway, public.com has raised over $90 to date for its platfo

and but look for russell. looks like. the type really. scuppered to piers chances as they finished well off the pace. but one man's anguish is another's joy and there was something of a fear retail to sergio perez his 1st ever when the mexican was in his banal to mcgraw impre with racing point how does without a team for next season. it was a landmark day 2 for frenchman esteban kong who was overcome as his 2nd police clinched him a 1st ever spot on the podium. i cried on the line for former promotion you know going through my mind i actually thought the day belonged to race winner pairs who like o'connell struggled to hold back the tears. boxing now and one of the sport's all time greats floyd mayweather is stepping back into the ring in february for an exhibition fight against you tube at logan pole the undefeated former world champion retires in 2016 after beating mixed martial arts champion connacht mayweather and paul who has 22000000 subscribers on you tube spectators to make millions from the bots exhibition fights between celebrit

it was mexico's anthem playing on the podium this week but russell may get a chance to avenge his by the look if hamilton doesn't recover in time for the season ender in abu dhabi if that race is half as exciting as this one we're in for a treat david stokes al-jazeera. le bron james and the l.a. lakers has started their new training camp as they prepare to begin the defense of their and a title hopes of repeating their success have been boosted by james and anthony davis signing new contracts last week the pair lead the team's 1st workout session and were joined by some of the lakers new signings up to the shortest offseason in n.b.a. history the new campaign begins on december 22nd ok and that is all your support for now back to you thanks so much far. well here is a 2020 fairy tale ending in pandemic times a bride in india was left heartbroken after testing positive a private 1000 and then being sent into quarantine on the morning of her wedding day. but as you can see the bride and groom exchanged vows after all dressed in p.p. that's after all authorities in the western state ar

soledad: for the last two years, our series russell rising has followed a billion-dollar revitalization project in the heart of louisville, kentucky's black community, the west end. it started with ambitious goals, to redevelop the historic neighborhood without displacing the people who've always lived there. last week, we showed you how some in the community see development and others see displacement. pam: we're going to give you hope by building a fancy building, and we're going to hope you leave. soledad: this week, we look at the role churches play in driving change in their communities. jamesetta: our hope is in god. amen. >> ♪ glory, glory ♪ soledad: this is st. peter's united church of christ in louisville's west end. reverend jamesetta ferguson is senior pastor. did you have a vision for what you wanted the relationship between the church and the community to look like when you first came to st. peter's? jamesetta: what i had hoped was that we would serve all people and be god's hands and feet in the community. ♪ soledad: reverend ferguson's church is in a storefront arou

but the russell always surprises, let's put it that way. thanks, charles. the dow and the s&p, yes, they are under pressure. russell's looking good. but apple is helping the nasdaq drive its way to a record close. if it happens, it will be the 54th of this year. this despite the fact that two of the tech-dominated index's biggest titans stand accused of secretly working together to crush any legal challenges that come their way. what each side is saying at this hour and how their stocks are trading. >>> moderna's covid vaccine, yes, is now making its way to hospitals across the nation, soon to be followed by new

russell wilson doing russell wilson things. i'll just take it myself, thank you. 13-6 hawks and still in the third. rams going 4th and goal. malcolm brown stuffed. seahawks maintain the lead. the rams do not score a touchdown for the first time this year. and the seahawks clinch the nfc west crown. they now need to beat arizona next week. he's going to need surgery in multiple reports say it could be season ending injury. meanwhile the warriors had hoped draymond green would make a season debut tonight. they will hold him out until at least the home opener on new years day. >> he's doing really well. the foot has healed nicely. but again he was out with the league protocols and the conditioning level is important because it's very risky to put somebody out there who's not quite ready from a conditioning standpoint. that leaves people vulnerable. and we feel better about getting him another four, five days of work before he gets on the floor. >> all right. mavs and clippers this afternoon. more proof 2020 is just bizarre. the cl

small hear the the russell 2000. the micro cap sector of the market, up 28 since the end of september as against 10% for the s&p 500. moves moving fastest, the biggest payoff and i keep describing what's going on in the calls and buying in the options market. this is from deutch bank, calls versus puts. in history they work together. ream call volume gives you exposure to the upside friday's number was up here. towed we are up in that zones. the put call has gone this way today it is .3 i don't reca normally it is double that. poem patio are bold up in those parts of the market and it is giving a general sense to the animal spirit, how far that can go before we have some kind of a get check is anybody's guess. >> that's the question is it too bold up. how about snowflake? did we have that chart. >> last i looked it was up 10% valued at $120 billion now surpassing the valuation of ibm, which does $75 billion in annual revenue snowflake is projected to do half a billion does that make sense >> you have to make massivel

. >> welcome to the heritage foundation, the russell kirk lecture series hosted by the fuller institute. i'm the director of the simon center and it is a privilege to be part of the russell kirk lecture series because of the amazing will influence of russell kirk as one of the most important conservative thinkers of the twentieth century,

the biggest gains in a world of big cap tech have to do with the russell 1000. hittingnbelievable, all-time high today. the company has turned profitable but it is interesting that the company and stock is up so much in a year were not as many people were actually driving. investors don't care. this speaks to a lot of retail trading and the nod toward green energy. moderna also up more than 450%. the vaccine really recently selling off. peloton also soaring. as we move forward and as the economy does reopen, some of the stay-at-home technologies, will they stay with us? it seems investors are betting on some kind of hybrid model ahead. alix: i appreciate that, abigail. joining us down to break it all down, is the adams funds ceo and founder, mark stoeckle. mark, you are a rockstar for joining us on christmas -- new year's eve, i should say. when you take a look at the tech division, what are you doing next year? do you need to sell them or add or just hold them? mark: i think you need to be careful about how you handle it. i think what it amounts to is, you have

but they're all there as holograms which is an amazing thing and and and the characters murdock tutti russell noodle are there as well on stage interacting with us that it's all going to be like. one highlight will be a live performance from rock icon elton john performing gorillas to the pink phantom . century it's a whole new thing with no one's ever seen before so that's if you cut that the knowledge she works on on the day because it is live. girl is put together the new album in a lockdown the band released tracks online as animated episodic media. while the group good look we've got let's go big break in the levee break. because what about. guest artists such as cure front man robert smith saying their parts down the phone. despite being a technology's cutting edge band leader damon albarn wants to get back to live in person concerts as soon as possible. so you can't be lost. you know we could. have ys we were off wise we stand parallel. well you know. we slowly become a significant. gorilla special performances december 12th and 13. and here to talk gorillas and this musical experiment

it's a real privilege to give a russell kirk lecture. i would also like to thank them for putting this talk in motion. >> let me start by making clear what i mean by the word culture. in my work culture pertains to knowledge across generations. the different societies transmit different forms of cultural knowledge of course but i know the way culture works is basically the same across all societies. we will start by talking about how culture works in the kind of cultural knowledge that is crucial not all six societies invade that. why they frequently talk about the importance of car culture. i will conclude with a few remarks about what i would regard about the next great conservative project. the environment of american civil culture. in 2013 the second he called system two. which is slow deliberative and logical in nature. the kind of thinking we think of decision-making. we tend to do too much of the former and not enough of the letter. is a fair point. but i submit that system one thinking with how culture works like anything else. s

russell is down about 2% that's where the bulk of the damage is. the senate gop rejecting the $2,000 stimulus checks that's what eamon javers just reported and you see what part of that market reaction looks like on the screen michael farr, the top ten stocks for 2021, okay which you've also written up on cnbc.com i ask everybody to check that out after our conversation and what's interesting, none of these, you know, high flying growthy names are on here. you've got, there they are on the screen, you can pick out the ones afterwards you want to talk about. valmont, mondeelez, lowe's, a couple of faangs and alphabet down at the bottom >> i do this every year. some years are better than and i sell -- we did this for a client and i've kept doing it in my own portfolio. this year's group i kind of like these are basically large cap names. they are at a 10% -- the average price-to-earnings rash yof on this list is 10% below the s&p earnings growth rate is about 60% high are than the s&p. and just if you think about that to be able to say, all right, on

up, dow, s&p, nasdaq and the russell appear to be closing at record highs. time for "after the bell." connell: we're at all-time highs here. stocks riding high on the vaccine rollout. stimulus optimism. an fda panel is meeting to decide to approve moderna vaccine for emergency use. if approved it would be the second vaccine approved in the u.s. hype pfizer. on capitol hill we do have lawmakers getting close on a 900 billion-dollar stimulus. you put that all

the russell 2000 is down for the third day in a row. yesterday, retreating from a record high, a bit of a concern on the close. the russell 2000 really underperforming today, down 1.7%. at this point, the s&p 500 and nasdaq have been fluctuating between small gains and losses. a jittery tone. the fact the russell 2000 has been down for three days, the first three day losing streak going down back

russell trott, bbc news. and from california, a dozen wild turkeys are roaming the streets and blocking traffic coming or concern for their own safety, author of entering into gardens, flying into rooms and resting entries! they are fast becoming unofficial city mascots! you are now up—to—date on all the latest news. hello. winter is finally turning white for some of us. not all of us going to see the snow over the next few days. the potential is still there for a bit more to come our way, though. it's certainly staying cold enough, but that frosty sharp frost at times overnight, icy conditions where we're seeing some showers of rain, sleet, hail, yes, some snow, notjust on hills but at times to lower levels, with that risk of disruption. there are coming our way some fairly weak weather disturbances, but they're within a flow ofaircoming down from the north, which means the moisture out of these disturbances will be falling as rain but also sleet and snow in places. and we'll have had a few wintry shower

russell trott reports. it was a video conference call with key advisors who play a core role in any government administration. the president—elect, joe biden‘s national security advisor and policy experts reiterated his belief that his predecessor is obstructing a smooth transition of power. in delaware he singled out two departments for special criticism. we have encountered roadblocks from the political leadership of the department of defence and the office of management of budget. right now we're just not getting all the information we need on the ongoing and outgoing administration in key national security areas. it's nothing short in my view, of irresponsibility. mr biden has repeatedly claimed he was blocked from receiving key intelligence briefings and essential and normally routine pa rt essential and normally routine part of the presidential transition. these are hard issues, but the current administration has made it much harder by trying to erode our capacity. following biden's remarks, actin

russell trott reports. combating covid—19, spanish—style. security is tight in the capital — the traditional mass gathering in the plaza has been severely curtailed. across europe, it seems, curfews are in place, both mandatory and voluntary, to persuade the public to stay away from public places. in paris, one such curfew will be strictly enforced by french police to crack down on parties and any large groups meeting unlawfully. 100,000 gendarmes are being mobilised, half the metro lines will be closed in the evening. families are being advised to stay at home and enjoy new year's celebrations around the dinner table. seafood being a seasonable culinary favourite. in germany, they traditionally spend millions of euros on new year's eve fireworks every year, but in berlin, they brought in a firework ban in an attempt to prevent crowds forming. federal and regional leaders are due to discuss whether to extend lockdown measures imposed before christmas. in moscow, they are resisting imposing a strict lockdown like they did earlier this year,

russell trott reports. combating covid—19, spanish style. security is tight in the capital, the traditional mass gathering in the plaza has been severely curtailed, and across europe it seems curfews are in place, both mandatory and volu nta ry, place, both mandatory and voluntary, to persuade the public to stay away from public places. in paris, one such cu rfew places. in paris, one such curfew will be strictly enforced by french police to crack down on parties and any large groups meeting unlawfully. 100,000 gendarmes are being mobilised, half the metro lines will be closed in the evening. families are being advised to stay at home and enjoy new year's deliberations around the dinner table, seafood being a seasonable culinary favourite. in germany, they traditionally spend millions of euros on new year's eve fireworks every year but in berlin, they brought in a firework ban in an attempt to prevent crowds from forming. federal and lead — at regional leaders are discussing whether to extend lockdown measures imposed before christmas. in

and also at record highs, russell 1,000 growth, i shares momentum etf, first trust dj also, all moving to ultra high levels and it is not just the momentum players. check out the i-shares edge msci quality factor etf it is a mouthful, qual, it is coming off its third positive session also hitting a record all-time high intra day in yesterday's session. outside the world of stocks, gold prices coming off their highest settle in three weeks as well 18 1864.80 the last trade there and the two year note hitting its lowest yield, gist a hair below 16 basis points. meanwhile the benchmark ten year note yield edging slightly higher to just below 0.94% and 30 year long bond, 1.69% around the world, a mostly higher session overnight in asia europe just getting started one day after the kickoff of its mass covid-19 vaccination program. julia tatelbaum has the latest good morning >> good morning. the european session is shaping up to be a m e a modestly positn so far extending yesterday's gains. in addition to all the vaccine news, the uk kicking off their mass national vaccination program yester

staying big time, the small caps, russell 2000 closing at yet another record level yesterday, it is up 1.5% this week and that does not sound like much i know, but it is that index's six theth straigth stray gain, longest since february of last year. also having a big run, crude oil at its highest level since before the pandemic and lockdowns. and energy stocks have had their best 21 day rally since all the way back in 1972 optimism about reopening, opec's move contributing to oil, down you a little bit right now, but is has had a good run. your stock of the morning maybe stock of the week, shares of airbnb skyrocketing as much as 112% in their public trading debut. but as robert humm points out, it did quietly close before its opening price of 146 as it drifted into the close spending a lot of time between a buck 346 and a buck 48, it is down right now, still a heck of a debut for airbnb and we'll have more on that in your bonus friday rbi a bit later on in the show let's go worldwide now it was a mixed session in asia, south korea, we don't talk about it a lot, but the kospi was the

and the russell 2000 close to 1% >> the home biologicalers close out what has been an incredible year we will see you tomorrow thanks for tuning in to "power lunch. "closing bell" starts right now. >>> thank you kelly and tyler. and welcome to "closing bell." i'm sara eisen here with scott wapner, who is in for wilfred frost. welcome back, scott. stocks 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.

russell was still almost a third of a second quicker than his mercedes team—mate broadcast. second to wrestle in both sessions. that's all the support for now. hello there. many parts of central northern eastern britain woke up to some winter wonderland scenes on friday morning. pretty heavy snow that was significant snowfall of the season so far. but the weekend is looking quieter. our area of low pressure will be slipping away. it was day, but it will become drier with the showers of rain, sleet and snow solely clearing away. saturday we continue with the centre of the low pressure at this time a car flaws. here's where will see moshe i was the strongest winds. a few showers for northern eastern scotla nd showers for northern eastern scotland and perhaps east england. we should start to see sunshine breaking through the cause was up it's going to be another chilly day. pretty much wherever you are. for the of cloud, showers are sunshine. for mac —— 7 degrees will be that high. saturday night that low pressure begins to pull away from the southwest a bit drier here. sho

eastern, political satirist mark russell and former congressman joe crowley discussed the role humor plays in politics, particularly during contentious times, at 10:00 p.m. eastern, 7:00 p.m. pacific, december 12 march the 25th anniversary of the bush versus gore case that decided the 2000 presidential election. this week on "reel america." four archival films on the u.s. constitution and the power of the supreme court. professor cole: today's class is doing a couple different things for us. i am going to tell you about the history of lucretia mott, who was a noted antebellum reformer, one of the most famous women of her day. she was noted because she was active in the cause against slavery. she was a noted abolitionist. she opposed indian removal and supported native american rights. she was an attendee at the first women's rights convention and a frequent speaker at women's rights meetings through the 1850's. as she spoke on a number of other causes, major and minor, of her day.

russell could only manage seventh, more than half a second off the pace. just about to get under way with qualifying in bahrain. we will keep you up—to—date with the afternoon's football and rugby union. stay tuned, i will be back with more at 6:30pm. see you then. families forced to separate over christmas are being encouraged to check in with loved ones remotely — after worrying signs that more people are at a higher risk of going missing. the charity missing people say they have seen the number of vulnerable adults contacting its helpline rise by a third since march, with the impact of lockdown being blamed for the rise in the number of people thinking about disappearing. we can speak tojo youle, who is the chief executive of missing people and also to stella harding, whose son owen went missing in march. a big thank you to both of you for joining us. especially stella. just to start off with, tell us about owen. when is a really well loved boy by many of us friends and family. he is really, really messed. we have not seen him since eight and a half months ago when he left o

ian russell has been campaigning on the issue since the death of his daughter molly, who took our own life. it later emerged she had seen pictures of self on intergroup —— instagram, which is owned by facebook. there are things they could have done better and that could have included criminal sanctions to senior management upfront and that more than 1,200 people in scotland died of drug misuse last year, the highest since records began in 1996. it's up 6% on 2018 and the figure is more than double what it was in 2014. most of those who died were men between the ages of 35 and 5a. scotland has the worst drug death rate in europe. official figures show there were 819,000 fewer employees on company payrolls in november than in february — that's before the start of the pandemic. hospitality was the worst hit sector, accounting for a third of the job losses, followed by retail. our business correspondent, sarah corker, reports. at what it supposed to be their busiest time of year, many shops, pubs and cafes here in manchester stand silent, some now empty. this is the economic pain lo

russell could only manage seventh, more than half a second off the pace. that's all the sport for now. a busy afternoon ahead, so i will be back with more later on. the mayor of liverpool, joe anderson, has been released on bailfollowing his arrest, as part of a fraud inquiry. he and four other people were detained as part of a year—long investigation into bribery allegations — linked to the awarding of building contracts in the city. in a statement this afternoon, joe anderson says he "will be talking with cabinet colleagues to ensure the challenges our city faces with the covid pandemic continue to receive the focus they deserve." he went on to say, he supported the labour party's decision to suspend him while the investigaion continues. three people have been taken to hospital following an explosion at a house in west yorkshire. the extent of their injuries isn't known. the blast happened at a property in illingworth, near halifax, at around 7.30am this morning. an investigation is underway. russia's coronavirus vaccination programme is under way â€

here you are looking a the russel down about eight points at the ends of this week. a lot of action is going to come after market close as we watch what happens with tesla amid that s&p 500 addition. we are going to get corporate news, too. nike earnings are due out in just a few minutes a rare friday afternoon report by that company. the stock has had a big rally this year. we will get instant analysis of the ruts coming up plus we are counting down to the fed's latest bank stress test which will be released at 4:30 p.m. finned out whether banks will be able the resume buybacks and rise dividends after all the all important capital measures scott is still with us a.j. odin from bny joins us. mike, first to you it hears to be a ho hum close for the markets despite the expectation of a lot of fanfare with this tesla entry into the s&p. >> yeah. a lot of the sound and fury didn't signify a whole lot in terms of new market direction. now we have a new s&p 500, so to speak. and tesla has been ingested into the s&p at a pretty rich value besides that, the overall market h

i took particular attention to the russell 2000. these are the small caps, right? they have been left out of the past three days of the record run the major averages are enjoying. what does that tell you? >> you have to look at this in a bigger picture. over the last month or two the small caps way outperformed as you're starting to see rotation from the big companies into the smaller companies as we look out to next year because if we are under the assumption that the economy is going to recover, that is kind of the general consensus right now your small caps are some of the most sensitive to those. yes, especially with the stimulus you will get ups and downs here. that is pretty normal. we want to focus more on the longer term especially with the vaccines which are more important which they think 100 million americans will have the vaccine by march and the economy could be reopened by the summer. if you think of that, all the spending power that will come mid to late next year that is what we really want to be focusing on. the small caps could be one of the big b

liz: not the russell. any gain would have been a record. we're not there yet but with the closing bell ringing in four minutes, we do have records for the and nasdaq maybe for the s&p. the s&p needs nine points if it molds. pfizer biontech vaccine rolls out in the u.s. and worldwide, keep in mind moderna appears to be on the verge of getting fda approval tomorrow, friday, storage in a range from chill to subarctic temperatures is a major logistical challenge. today's "countdown" closer, pacer etf president sean o'hara, $5.4 billion under management. he has a name he feels is best poised. david spika, guide stone capital management with 12 1/2 billion in assets under management. sean, give us quickly the name in the cold supply chain space so much talked about right now? >> yeah, good afternoon, liz, thank you for having me. americold is a leader in cold storage. what the covid-19 done accelerated e commerce in all areas, more specifically in the home grocery space. we're more comfortable with that now. traditional dry goods is easier to do

russell 2000 hitting another all-time high. that tells you that the small caps are doing pretty well. this, the latest reed on homebuilders sentiment. important stuff, ashley. how are they feeling these homebuilders? ashley: coming in slightly below expectations. reading of 86 in december down to last month's 90. we should still point out that the second highest reading in the history of the survey. the report says housing demand is strong heading into the new year but with those same hurdles which continue to be low inventory, limited available land, rising construction costs. yes it was down more than what we expected but still pretty darn strong. stuart: i would say. ashley. look who is here, jerry howard. ceo of the national association of homebuilders. second highest reading ever you guys are feeling pretty chesty, aren't you? >> stuart, there is still flight out to suburban and exurban areas. interest rates are still low. next year that could become more of an issue and demand is still clearly there. stuart: demand, you t

russell 2000 down by about half of 1%. dow, s&p, and nasdaq on track for their largest weekly losses in six weeks that would be the first in three weeks for the dow and s&p. the first in four weeks for the nasdaq coming up, the co-chair of mount sinai's board of trustees on the hospital's plan to roll out and administer coronavirus vaccines once they get that crucial emergency authorization. you won't want to miss that conversation we are still joined by charlie from ariel investment. mark smith from ubs wealth management also joins the conversation and we get our first comment from mike santoli. mike, what do you make of the way this week sort of petered out for the market despite the fact that, you know, we did get that positive fda meeting yesterday and we are awaiting that emergency use authorization. >> it seems like the vaccine stuff has been part of the premise of the rally we saw coming into this month or this week already in fact if we looked at the low from this morning on the s&p it was back to november 9: -- th

look at the russell 2000 index of small caps. looks like it is going to close flat coming back from earlier lows and continuing its outperformance against the sbds, which down .4% into the close. two sectors closed up, financials and technology. kayla? >> welcome to "closing bell," i'm kayla tausche in for wilfred frost, along with sara eisen mike santoli cnbc kmarkts commentator is here as well. the dow flirted with the break even mark moments ago but ended up closing up just about.1 pz. the s&p and nasdaq both closing in the red the s&p and the nasdaq were down on friday as well amount of second down day for those two averages the russell 2000 managing to eke out a positive close, only fractionally it is up 100% since the march lows and green again if only by a third of a point at this hour. tesla officially closing out its first day of trade in the s&p 500 with a big top we will break down that move later on in the show and a new potentially surprising kmet for for tesla the stock down nearly 7%. >>> plus ahead, a interview wi

the russell is up. joining us now is a chief economist at lending tree. >> i think what we saw today was some weakness to end the year. we had a lot of home sales that occurred end-of-the-year. a lot of the blockbuster numbers what theyal because time of year a when they typically would not be. this was kind of a return to normal that we see at this time of year. say heye balls usually but you have no inventory. you have record low mortgage rates. what's your pushback? >> i'm not pushing back. i'm saying we are seeing activity normalize a little bit which you would have expected given that activity in the fall was unusual. low mortgage rates are supporting a lot of demand and people are refinancing or looking to purchase a new home and mortgage rates make that attractive. the narrative of people moving out of cities is a little bit overdone. we have seen just a marginal increase of people moving out of cities. people are rearranging themselves within cities finding properties that are more in tune to th

the russell 2000 has never gone as high as it has in the last 30 days in history, that time frame. my bear suit will get more comfortable in a while but back in 2001 there was a company called microsoft and amazon, there will be winners that come out. but we want to be winners with these secular moves with ev and some of these areas. i am excited about some of these areas, but i want to gobble them up we don't know when this correction or crash will happen, but we all know this crash is imminent >> let's bring in rob. great to see you before the holidays we have a panel of bearish folks tonight. i know the charts are young for a lot of the stocks we have, whether quantum sweep. but what do you think when you see double digit moves day after day? >> i love the expression that say even turkeys can fly in hurricanes and then we get call from our clients that turkeys can fly we have a lot of the smaller caps that haven't done a lot between june and october the mike cap and small cap indexes are up 30% since the october low. that's a pretty big move and should pull back in. if we look a

some of these spac reverse merger place, i think luminar has a great process, russell is coming on 6:45 a.m. ahead making his public market debut. the group is volatile. up and down. buy it but buy it slowly but definitely buy it nonetheless. >> how about we go to eduardo in california >> big fan i was wondering what your thought was and to the gaming industry and the other portfolios that sony have. thank you very much for your time and happy holidays. >> i was talking with carl and david faber about how under value sony is even though it had an amazing run the whole japanese market is incredibly under value, still. sony is good when it comes to luminar, it is great. buy it slowly. much more "mad money," you are not going to want to miss this and what president-elect biden's potential china policy means for the market and our lightning round. stay with cramer academy sports + outdoors started as a tireshop in san antonio texas in 1938. our vision is to be the best sports and outdoors retailer in the country with a mission to provide fun for all through strong assortments, value, & ex

maybe not in other countries, but we're seeing the russell is a reflection, the russell i think is largely a reflection of the fact that we have to rebuild where we do our job. and where we study >> what do you mean when you say rebuild? >> it is your house. michael dell said something really incredible. he said you can't have one pc in the house when you have kids and you got to have -- >> multiple. >> multiple. >> but that's big. >> yeah. >> that's why dell could have blowout must bes numbers in a . why apple is grossly undervalued in a pandemic. >> we'll get to zoom jim, to your point about this sort of -- i heard this word again, goldilocks, hard to imagine, given what is going on with the virus and the hospitalizations and the deaths that are taking place. but that's the way it is being described right now. you got yellen coming in at treasury powell staying, we'll hear from him shortly. dovish fed, clearly, going to be the case some stimulus we would imagine, though again there is debates about where we'll end up there m&a, strong, companies, the old -- i mean, my god, how many times

. >>> russell westbrook has been sent packing. didn't get along with jams harden. he's traded to the wizard for john wall. the rockets receive a first- round draft pick as well. >>> talking about football, any day, anytime in the nfl. wednesday night football, steelers undefeated against baltimore. robert griffin ichiro suzuki they missed the patt. on i flip to shoes tear. steelers bin it. they are the first team since the path there's to win that much. one of my favorite things to see when the nfl allows the players to be mic'd up. joey bosa. it ram burnt yows. you need to check this out. >> first down. not today buddy. he's huge. what am i supposed to do. >> just in case anybody wondered what they are saying. a little adrenalin going. >> i would not want to be tackled by a bosa brother. >> a fair perspective. >> good night everyone. together: happy mother's da-- aah! what are you wearing? you don't remember this shirt? you made it for me for mother's day in kindergarten. it's adorable. it's perverted. it looks like you were felt up by that creepy guy around the c

many defend the context of omb director previous omb director russell allowed foreign aid to be held up for political reasons resulting in the president's impeachment. rightng now republicans in congress are looking the other way while president trump pardons a man who pled guilty to the fbi. so again it will be impossible to take these overblown complaints over president-elect widens nominees very seriously. given the urgent need to address covid-19 and its economic fallout, the senate should19 follow precedent and palpable hearings on president-elect biden as nominees in january immediately after the georgia elections, before inauguration. american people cannot afford to wait to have its government working at full force to keep them safe, defeat the virus and get our economy back on track. >> with coronavirus cases increasing across the country, use our website c-span.org/coronavirus to follow the trends, track the spread with interactive maps and watch updates on demand any time at c-span.org/coronavirus. tuesday treasury secretary steven mnuchin and federal reserve chair jerome

the finn claimed his 5th full of this season bump he was pushed all the way by a new teammate george russell young british driver is standing in for hamilton who fans coronavirus thanks for stopping of red bull starts 3rd in sunday's race. you're watching andy w. news of next to hate speech versus freedom of speech on line a difficult balance that's in our show shift living in the digital age american and stephen thanks for watching. i'm sure going to. do great work.

russell too long they'd have to pay us a lot more for our production costs to be covered. we need to feed our families because you know that we've got a lot on things in the i mean in the middle country. the development of the price fixing what bolivia looks like a roller coaster ride in 2014 in peak to just over $3000.00 a tonne but only 3 years later it plummeted to a lower value and before the big again. we could think you see. the expansion of kenya farming on the plains also lead to major fluctuations in its price. and the whole farmer suffer because they can't compete and don't.

more from our tennis correspondent russell fuller. this runs the 26 australian open. training in the by, having double surgery training in the by, having double surgery earlier this year but even with a three week delay to the australian open pushed back to february because of covid—19, doesn't feel like you will quite be ready in time. i'm sure also to weeks of quarantine in australia where players have to stay in their rooms however they are 19 hours a day didn't appeal to federer, not being able to travel with his family and farfrom being able to travel with his family and far from ideal when you are trying to recover full fitness. instead, he will look to resume his career in late february over a year after he last played in this year's australian open semifinal with the schedule still not being published as you might expect to see and play perhaps indoors at one of european events before heading back to dubai where he is an eight time champion. the pandemic has seen many sports and their governing bodies lose millions of pounds. in rugby union, england's rfu re