across town, sara and lou were checking out cars at the dealership when sara's phone rang. >> i receive a phone call from emily. and she says that, "trish fell in the pool. i need you to come home." >> did she say that trish was dead? >> yes. >> so this is shocking news. you've all just had lunch a few hours before. and now you're hearing trish is dead, huh? >> uh-huh. >> reporter: lou and sara raced back home to angels landing, where police and emts were already on the scene. >> there's no reason to believe that she was under the influence of anything at this time. >> reporter: they had pulled trish's body from the pool, and taken photographs. a single beach sandal floated on the water's surface. pieces of trish's hair clip were in the pool. it had snapped apart when she banged her head, they presumed. and there were small bruises and a cut on trish's forehead. the medical examiner determined trish's death was due to a freakishly bad accident. trish was just 26 years old. >> and trish was gone? >> yeah. >> reporter: the family was in a state of shock. >> devastated. >> trish had been k

sara and kathleen are very good friends before yalta. they'd spent a lot of time together in london. the churchill's were celebrating her 24th birthday. the day of pearl harbor. these families had experiences together throughout the war. it does continue on. years later he's a widower she's a widow so her longtime best friend becomes her stepmother. they remain intertwined for many years. sara and anna, they did not maintain a regular friendship. but they did experience a very similar moment after the war each of these daughters husbands were deeply affected by the war. and of course we knew more then as we know about mental health that might not of been the case for there's a very touching moment after sarah's husband dies and anna has experiences something similar. she writes to sara expressing being in someone in that position with your life is constantly under scrutiny in the public what you are grieving. they're not the best of friends but they certainly have a shared experience will that's very meaningful to all them that reappears

all of this, sara, amounting to a real blow being struck against mr. ma who, of course, we talked about a lot and i had the opportunity to interview a number of times through the years. it doesn't pay to be outspoken in china if you're a ceo many others have learned that lesson and keep a very low profile for this very reason >> and just like that, the vintage video of faber and ma. one question i'm wondering as it relates to investors in some of these hot chinese internet stocks is this an alibaba and jack ma specific thing with the regulators or extend broadly to the entire tech sector and china. should investors be nervous if we'll see this huge crackdown which could ultimately squash, you know, a lot of innovation and a lot of these hot companies on these stocks that we've seen. it's unclear what their purpose is >> exactly the key question that is certainly being asked by many investors right now who continue to be excited by the potential for growth in china and, of course, the huge consumer economy that is still being developed there. don't forg

that makes a big, big difference. >> sara, do you want to add to that? >> yeah, you know, i agree that there's a -- the game has totally changed. we're going 0 to see a lot closer votes because of the polarization that we're experiencing in the country. but the most important thing a nominee or a president-elect can do for his nominees, his or her nominees, you know, is to put forth people that are immensely qualified, you know? there are people, you know, that exist like collon powell, still, and the partisan places that we all find ourselves being shocked by sometimes, how rough this time can be, that are kind of above reproach. they're harder to find than they were 15 or 20 years ago, but that's the best offense because those individuals will get-- and i think elaine chao was one of them and she was at the high level, even subcabinet, she was very experienced and had great connections herself being married to mitch mcconnell. there's a sequencing to this which is putting forth your best and your brightest first. and set the tone. when your first or se

and so i know sara can speak more to that. she had about ten students, she decided to ask them if they wanted to give a written response, and their responses were so honest and free about their feelings. we, who spent years honing our articles, put them in a special place marie asked to try to cope with the emotional impact. and i personally of looking at these images and tried to do that to the best of my ability. but these students did not. they were completely honest. and so i have to ask sara, what is it like teaching with these images? it must be really hard. suspect my first i want to thank the students i know are in the audience. he mentioned them coming. because precisely what you are speaking to, lisa, i want to thank the students for their trust in me as a professor. in introducing these objects to them. every year, and now i guess i have taken approximately 150 students through? >> i think so. >> every year i debate whether i will introduce these objects to the students. in part because, and i really can't speak her

why not look at -- lou: because, sara, but there is an answer to what you're saying, sara, there is an answer why they don't. their corporate masters will not give them any other order than proceed against this president in every way you can. this isn't about just fake news. i've arked with the president about -- argued with the president about his use of the russia hoax. it's not a hoax -- >> right. lou: this was an effort to overthrow his presidency. this is not a hoax election, this is an effort to get rid of this president on the a part of those who are radical dems, deep state. oh, yes, the establishment of both political parties, wall street and corporate america. because they line up -- >> absolutely. lou: -- more with china than they do this president, his policies expect national interest. it's that -- and the national interest. it's that straightforward -- >> and it is, and that's why we're seeing -- lou: we can't talk about the fraud. the networks won't even cover these hearings in these state legislatures with all of the witnesses, all of the evidence that's coming forward.

>> sara, i certainly we don't have a double dip. i don't think we will have a double dip but you are correct. the surge in hospitalizations and new case is clearly impacting the economy. we are seeing it in some of the data that you have referenced. as we have said, we could have a rough couple of months in the data but on the other side of this of course we have gotten very, very positive news on multipl vaccines that are not only safe but effective. indeed this week we began to have those vaccinations deployed that makes me individually very optimistic about the economy as we get into 2021 indeed, i and most of my colleagues revised up our outlook for the economy over the medium term over the next several years notwithstanding we acknowledge what could be a rough couple of months because of the increase in cases >> the other factor there of course is fiscal stimulus. i know that you and fed chair powell and so many other economists have called for congress to do something they are discussing it the latest hiccup is actually a new

sara, back to you. >> that is nice. love blizzards. >> thank you. >> you're welcome. >>> called the woman who dresses america, jenna lyons taking on a new lifestyle brd.an she'll join us to discuss it when "closing bell" comes right back what if you could have the perspective to see more? at morgan stanley, a global collective of thought leaders offers investors a broader view. ♪ we see companies protecting the bottom line by putting people first. we see a bright future, still hungry for the ingenuity of those ready for the next challenge. today, we are translating decades of experience into strategies for the road ahead. we are morgan stanley. into strategies for the road ahead. (vo) i'm a verizon engineer, part of the team that built 5g right. we started with america's most reliable network, added 5g nationwide for millions of americans and the unprecedented performance of ultra wideband in more and more places where people need massive capacity and ultra-low lag. i'm proud ultra wideband was named the fastest 5g in

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

i'm sara eisen here with wilfred frost. and 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

kate >> hi, sara. massachusetts regulators are accusing robinhood of what they call aggressive tactics in marketing inexperienced investors using gamification to manipulate those customers and failure to prevent outages on the trading platform this year in a complaint this morning, highlighting revenue model for payment of order flow. they say that's part of what's driving the start-up to offer trading to more new investors without properly screening them. in one example, they claim robinhood allowed a massachusetts user with no experience to make more than 12,000 trades in just six months robinhood says, quote, they disagree with those allegations and plan to defend the company vigorously they say they worked to scale those up after outages and made improvements to options products as well as adding more safeguards guys, back to you. >> kate rooney, thank you. >>> josh, i feel like you have an opinion on this story and whether robinhood is vulnerable. >> me? >> to more potentially regulatory noise or

>> thanks, sara. i guess i would start by saying overall the stress tests were really positive, because, you know, the fed designed a really, really tough test, designed to get the most stress points in the economy today, the real estate is among the most stressed areas and the results were strong. it showed how strong the banking industry was you know, i have to start also by talking that, you know, we probably have the strongest underwriting performance over the last four decades. and why the test was relevant to us is we have about 5% of our loan book in retail and about 4% of it in the hotel space and it's a lot of discussion about the more dens, urban areas. of course, getting covid for us in new york city, in both retail and hotel combined, it's about 2% of our loan book. we've been there for a long time we tend to be relatively conservative underwriter in those books, for example, where loan devalues of about 43% think of it this way in the properties and our customers carry more than 50% in ca

steve: sara? >> the reason i'm laughing is because, you know, people like representative alexandria ocasio-cortez, ilhan omar, they are so progressive but they're such ages, they're like they're too old so get them out of there which is probably true but not very progressive of them. not very open-minded. she is having to deal with this, speaker pelosi, i believe they thought we could utilize and harness the energy of all these young democrats and their progressive ideas and then we will bring them in and we will own them and i think what she woke up to was the fact that she is owned by them that they are pushing their progressive agenda and their progressive agenda is, you know, very dangerous, particularly to the party as well and that they can move them out. you will see them do the same thing and this is the squad and the progressives pushing as well fighting and pushing him or more progressive rules and for more progressive laws and focusing in on those issues that most americans aren't comfo

all right kennedy should sara be applauded for admitting this? it's almost like telling you the way forward. you can do whatever you want. >> i feel the same way about comedians that i do about actors. the less i know about your personal life and your political views the more and enjoy the product that you put out. sara silverman has been pushing them down is for years and that's when she was really funny. she was saying stuff like if it was said in today's climate they would easily be fired. she has dissociated herself from her past work. that to me is boring and will arnett said he needs to take a good look in the mirror and go to a liberal college and try watching a standup on a liberal campus. greg: you know jim the thing that bugs me about this is she's basically protecting yourself and she's a successful comedian. she should read retracting or helping others by saying you have got to do dangerous things but she sang don't be dangerous unless you're a liberal. >> a it's a lot like sara is a comedian. i know sara. i don't mind heard using her

all right kennedy should sara be applauded for admitting this? it's almost like telling you the way forward. you can do whatever you want. >> i feel the same way about comedians that i do about actors. the less i know about your personal life and your political views the more and enjoy the product that you put out. sara silverman has been pushing them down is for years and that's when she was really funny. she was saying stuff like if it was said in today's climate they would easily be fired. she has dissociated herself from her past work. that to me is boring and will arnett said he needs to take a good look in the mirror and go to a liberal college and try watching a standup on a liberal campus. greg: you know jim the thing that bugs me about this is she's basically protecting yourself and she's a successful comedian. she should read retracting or helping others by saying you have got to do dangerous things but she sang don't be dangerous unless you're a liberal. >> a it's a lot like sara is a comedian. i know sara. i don't mind heard using her

all right kennedy should sara be applauded for admitting this? it's almost like telling you the way forward. you can do whatever you want. >> i feel the same way about comedians that i do about actors. the less i know about your personal life and your political views the more and enjoy the product that you put out. sara silverman has been pushing them down is for years and that's when she was really funny. she was saying stuff like if it was said in today's climate they would easily be fired. she has dissociated herself from her past work. that to me is boring and will arnett said he needs to take a good look in the mirror and go to a liberal college and try watching a standup on a liberal campus. greg: you know jim the thing that bugs me about this is she's basically protecting yourself and she's a successful comedian. she should read retracting or helping others by saying you have got to do dangerous things but she sang don't be dangerous unless you're a liberal. >> a it's a lot like sara is a comedian. i know sara. i don't mind heard using her

so, sara, what is the deal? >> well, we're hearing from a number of states who say they've heard from the federal government that their upcoming vaccine allocations of this pfizer vaccine are going to be reduced. obviously, this is a concern to them. we know this is in tight supply already. any time those number goes down, it's pretty alarming for the state officials to say. pfizer is saying this is not a production issue on our end. they said in a statement they have millions more doses sitting in a warehouse but as of now haven't received shipment instructions for the additional doses. officials in the government are telling us, look, this is not about reducing the number of doses that states are going to get. this is about trying to spread this out over the course of the week so that there's kind of, you know, a cascade of doses states will be receiving throughout the week. this is really frustrating for state officials. the pfizer vaccine is really complicated. has to be kept at ultra cold conditions. has to

joining me now, sara carter, investigative reporter, fox news contribute or. not only, sara, does hunter biden still have 10% of a chinese company, but when joe biden said in the debate that his son never made a dime in chinese money, that was a lie. i mean, the senate report found documents showing that $5 million was funneled to hunter biden. so that's demonstrably untrue, what joe biden said. >> well, it's demonstrable thely untrue, gregg, and, you know, the fbi has been sitting on a laptop since last year, 2019, with more and more and more evidence, e-mails and letters that -- and documents that connect hunter biden as well as e, i believe from sources that i've spoken to, joe biden to possible, you know -- well, we know for hunter biden money laundering and other issues. and those connections to his father, and it is true, his father absolutely did lie about that. and we know that's just the tip of the iceberg. the 10% in bhr, that's with china, and all of the e-mails that have been discovered on that laptop that the fbi kept from the american people, lit

that turned out to be the case as you or sara mentioned in the lead-in. this year our picks only has one tech name in there and the rest are outside that sector where we think there are better values to be found. >> so your five picks this year, jp morgan, the xle energy etf, magna international, oracle, and gan limited. we will go through the five names individually in a moment talk us through why the pivot away from tack into signals out of the core tech sector for a couple of the names, custom is not typical for you. >> i mean, i think when you think about the markets, a lot of this comes down to a very big picture view we have whichis inflation really hasn' been in existence arguably for the last decade. and if you look at where prices are right now for a lot of different commodities. you look at zinc or copper or nickel, they are up over 20% year to date in the middle of a recession. you look at food pricing around things like wheat or corn, that's up 10%, plus, as well and even high-priced items like homes are up i think 7% year to date and used car

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

mike, start us off with the action you're seeing in stocks. >> yeah, sara. some drift upper tilt all day especially among the hovering here couple trend lines nothing out of whack we're on track for a 15.5% gain for 2020 in the s&p 500. while it's amazing, given where we were in march they're perfectly on trend now it's 15% gain annual wise since the 2016 election. also since the 2009 low. even though things seem like they're ahead of themselves on some respects it's really not necessarily a change of the longer term return trends. take a look at the one way of viewing the aggressiveness or defensiveness of the market. anti-beta etf. it essentially is long, low beta etfs, very, very stable stocks it is short high beta stocks the more risky, aggressive, cyclical stocks. massive decline right here since early november, which has been a beta chase everyone going for the riskier stuff. but it's not unusual to see this toward the end of a year we still were at the end of 2016 people wanted the riskier stuff, stuff that would do better in a better economy we saw i

i want to bring in sara murray from washington with more on the vaccine. it's just a monumental day for the continued rollout. >> reporter: it is a monumental day. we now have two coronavirus vaccines circulating, and moderna is making it possible to go out to 2,000 locations starting today. the first shots of the moderna vaccine are expected to go into americans' arms today. >> we're heading into a big week. >> reporter: as moderna's easier storage requirements allow more corners of the u.s. to begin accessing life-saving coronavirus vaccines. >> over 4,000 locations will be receiving vaccines between today and tomorrow. >> reporter: but concerns are growing about a new variant of covid-19 in the u.k. that reportedly spreads faster than others. >> it does mean that we have to work a little bit harder about preventing the spread. but, again, these viruses mutate all the time. >> reporter: as researchers across the globe scramble to study the new variant, a growing number of countries have halted travel from the u.k. >> san francisco and santa clara countie

we'll show you how sara fuller made history once again in college football. sara fuller made history once again in college football. it's in the small, everyday moments. and in the places, you'd never expect. a little sign of hope. the feeling of freedom. and once these little moments start adding up, that's when it feels like so much more. it feels like real progress. caplyta effectively treats adults with schizophrenia. and it's just one pill, once a day, with no titration. caplyta can cause serious side effects. elderly dementia patients have increased risk of death or stroke. call your doctor about fever, stiff muscles or confusion, which can mean a life-threatening reaction or uncontrollable muscle movements which may be permanent. dizziness upon standing, falls, and impaired judgment may occur. most common side effects include sleepiness and dry mouth. high cholesterol and weight gain may occur, as can high blood sugar which may be fatal. in clinical trials, weight, cholesterol and blood sugar changes were similar to placebo. so if you're affected by sc

sara murray joins us with more. is there clarity on that, sara? i guess down the line? >> reporter: you know, right now we're just getting estimates that say, you know, maybe near the end of february, maybe into march we will be able to start talking about the broader population, but i think it really depends not only on fast they can get these doses out to the states, but then how quickly, you know, when they get to the states they're able to get these doses into people's arms. you saw a little bit there is a lag in the data, you know, that number is probably more than 600,000 in terms of people who have already gotten their first doses but it's far short of the more than 4 million doses that have come out. one thing states will have to reconcile is what's the quickest way to do this when you move beyond health care workers and move beyond long term care facilities and start to look at people over the age of 75, people who are essential workers. how do you begin to vaccinate those folks in a way that is efficient. we're already seeing these vaccines go out to more site

sara: sure. [laughter] fred: over at the end we have matt sheidley who is the ceo of revolutionary spaces, which was formed after the merger of the old bostonian society. he spent eight years at the bostonian society where he was the director of public history and later executive irector. he was an associate professor at wellesley college before he entered the field of public history. i would like to start -- here we are in the replica of the united states senate. in the actual senate, the senators are as divided as washington, as the parties are. it seems like we are in a complete gridlock. were the founders ever this divided? feel free to answer -- maybe i will start with you, sara. sara: i think we have always faced moments in history where we felt great political polarization within our culture, but looking around this building and listening to the introductions of the panelists, i think, places like this are revolutionary spaces. they always have been. thinking about institutions that foster

second of all, sara, they are finally offering larger sizes. that's one of the big opportunities to hit their shelves as the average u.s. consumer is a size 16. until now they were only offering up until size 12 with a few 14s mixed in. >> stacey, what's your take on the mirror acquisition will we see that drive sales of the apparel? or is it just more of a stand alone business that could do well with some lululemon branding >> oh, no, wilf, i think they will absolutely integrate it and use it as a tool to sell i think lululemon is building a health and wellness ecosystem as so many brands are trying to do. it is a strategic acquisition and a way to speak to the consumer in a different way and start to offer all sorts of different product lines. we have seen lululemon extend out in the last years into different products i think you are going to see them continue to evolve in terms of their offerings over time. >>> wanted to go back into the extending out into bigger sizes theme. bigger bottoms, bigger bottom line have they talked about this are

sara, back to you. the new york team thinks maybe the cleveland rocks. >> shares of disney up dibble duties over the last week. and one firm is stepping to the sidelines and telling you to invest in another name inted. >>> a check on yields. the ten-year around .89%. we were this the 90s last week or so. a little bit higher,area homeows learn how your neighbors are accessing $100,000s with a reverse mortgage loan from the bay area's #1 reverse mortgage lender. lemme tell you something. i wouldn't be here if i thought reverse mortgages took advantage of any american senior. or worse, that it was some way to take your home. a reverse mortgage loan isn't some kind of trick to take your home. it's a loan like any other. big difference is how you pay it back. discover if a reverse mortgage loan is right for you. use it to eliminate monthly mortgage payments pay of credit card bills, medical costs and more. with a reverse mortgage you can pay whatever you can when it works for you, or you can wait and pay it

you know, sara, isaac didn't hack anything. he had custody of the laptop that was given to him with permission to fix it which means you have to get into its contents. >> absolutely. gregg: and, but, you know -- >> i mean -- [inaudible] gregg: the idiots and morons at twitter do not care about facts, they don't care about the truth, and that includes jack dorsey who heads it. they care about helping joe biden. >> that's absolutely correct, gregg. i mean, look, mr. mcisaac did the right thing, he contacted fbi, he turned over the contents of what he believed were criminal contents possibly allegedly in this laptop over to the fbi in december of 2019. he also turned over as his own insurance policy that information to rudy giuliani's attorney because he was afraid nothing was going to be done and, look, hardly anything was done. i mean, the fbi sat on this information for quite only time, nobody let the cat out of the bag, so to speak, of what was going on with hunter biden. and now we know there's an ongoing fbi investigation in

cnn's sara sidner is there. sara, you've been speaking to the people on the front lines, these health care workers. what are you hearing? >> reporter: look, we're outside of this parking garage. it doesn't look like anything much different, but if you notice just there, you'll notice those pipes going up, those are to create negative pressure inside. in other words, try tole blow out the bad air and make sure the air inside is healthier. right now there are doctors and nurses and technical staff working inside of what was a parking lot. now turned into a covid unit. we're able to talk to the doctors and nurses who have been spending weeks and months, every single day, trying to make sure that these covid-19 patients are able to survive. they don't always survive. some are acutely ill. and we had a conversation with the head of the icu here at renown health. and dr. jacob keeperman talked to us about what will his worst day was like. what was your worst day? >> so, my worst day of this pandemic was actually the d

. >> tammy: well i'm a joining is now fox news contributor sara carter. sara, welcome aboard. you know, it is interesting, normally when there's a complaint made her accusation made or prediction by politician we have to wonder if she could be correct or he could be correct. that may be too far.a bridge everything she is saying there is unfolding. it has been happening. we can see what you get the democratic leadership. i was on the left. i can assure people that they will do what they say they are going to do. they have always done that. the right tends to think "oh, that's never going to happen, that is just too crazy." sara, what is your take on that radical agenda and i want you to listen to what raphael warnock said today. let's listen. >> my activism and legislation, my protest in the public policy i want to go to the senate where i can argue on the senate floor that health care is a human right. >> tammy: sara, what is your thoughts on all this? >> let me first start by saying what senator perdue said is absolutely right. nobody in georgia, for that matter, nobodyig acr

sara: there are several steps to it. financialhe obvious vetting that has to occur because all senior officials in government and up having to file financial disclosures. the most important thing is you don't want surprises. we haven't seen it in the biden bidenstration, incoming administration yet, so i think as a whole, the nominees they have put forward have done well in the vetting process. i'm sure we will get into controversy at some point. gate -- how many people over the course of history have had to withdraw because they have had some situation where they failed to pay taxes on a household employee? all of those types of questions -- they can be very uncomfortable conversations that the president's legal counsel has to have with people. so you need to go through a full financial vetting. you need to go through a full character vetting, and this often times doesn't disqualify nominees but you need to do a full press vetting, a twitter netting, so to speak because you want to know -- twitter vetting because you wa

phil >> sara, it has begun. we are now finding out that airlines are shipping covid-19 vaccines on some passenger flights. united airlines has done it. we will see it with other airlines in the days and weeks to come. keep in mind those vaccines that are going not just on cargo flights but on passenger sleights flights domestically and internationally have to be packed in dry ice. depending on how much dry skpis how much is being shipped there are clarifications in terms of the specifications and the rules that feed to be followed by the faa. that clarification happened in the last two weeks we will see more of this as airlines are now being a critical part of the distribution of covid-19 vaccines for united airlines, a number of the vaccines that were flown from brussels, from the pfizer plan over there here to the united states -- they came in to o'hare they went through the cargo facility in a matter of minutes where they came off the plane. some were put in cold storage but most of them went straight into de

because there have been so many production delays. >> sara, that's a good question. fortunately there is a backlog of movies that already exists. all the movies which were supposed to come out in 2020 n.i max and block muster, maverick, the new bond movie, black widow. you have fast and furious. you have mission mpossible there is a lot in backlog already and then production is reopened in a way, 2021, if things do open early in the year is an embarrassment of riches. there is an awful lot of content. and that's true on a global base i max is in 82 countries there is chinese films in backlog, indian films in backlog. japanese films in backlog. that's the least of our problems this year. >> richard gelfond, thank you for joining us your stock finished up 4% today. >> good news thanks. >>> up next, mike santoli is back taking a look at whether record high margin debt for retail investors is a threat to the market as a reminder, you can always watch or listen to us veli on the go on the cnbc app we'll be right back. hey, our worker's comp insurance is expiring. should i

that is what -- >> i don't think that's fair. >> i didn't think you would, sara. i didn't say it because i thought you thought it was fair. you tell me where america is better than where it was when he walked in on the 17th of january. >> rahm, you know -- >> our standing in the world -- >> a disease hit our shores and within a year there's a vaccine. the first half of -- >> that has nothing to do with donald trump. >> it does absolutely have a lot to do with donald trump. it's not just donald trump. it's his government. >> it's the medical community. >> i think -- of course the medical community, of course the scientists. nobody is disputing that. i will say this about donald trump -- he deserves much criticism for the way he's handled himself after the election. however, there's something about what he doesn't know that's been of benefit to this country. he is a bull in a china shop when it comes to getting things done. he sometimes makes big mistakes. on this, his pressure on the fda, his demand of his government to move faster and break down barriers was a ben

so who was sara fischer? we know that fisher was a sculptor born in delaware and 1815 and then she became part of the elite art and social circles in washington d.c., of course then known as washington city. in 1945 she married a portrait artist and they left the states to go to rome. which in the mid 1800s was considered the art capital of the world. harris didn't inherit that title until later. another reason for going to roam was that women had far more artistic freedom they had their than they did in the states. in rome, sarah steadied renaissance art and ancient art, and got to know other artists that were working there and studying. sara just went back to the space sometime in the late 18 fifties and settled in boston. when the war began she volunteered as a nurse, and she and her husband moved to washington. by some accounts in 1862 she was put in charge of cleaning up the u.s. capital building. this is kind of fuzzy, sketchy, but there are thought that this is where she was. that was turned into a uni

i hope you could hear a little bit of sara's piece there. i do think it's so important to hear from people on the front lines for us to see and try to understand what you're going through, but i was struck by the fact that you said you are no longer on the front lines. at this point you're actually the final line. what do you mean by that? >> well, really we're depending on the public to take action, just as you heard in the previous story. rate now our hospitals are nearing capacity and it's becoming more and more difficult to care for those very sick patients, but this disease is preventable by wearing a mask, by distancing yourself from others and not congregating especially adds tempting as it is around the holidays. >> these numbers that we're seeing, you know, we try really hard to connect those numbers with the people behind them because i think that helps send a message home. that being said when we hear there is zero percent capacity for the icus in southern california, that should be a striking number in and of itself. what's the r

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 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 com

. >> 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

the imagery of sara walking through a parking garage now being used as a hospital. and the thought of that husband and the wife who had been separated, as sara put it in a line that i'm not going to forget for some time, they were parked four space away from each other. that's where we are. >> i mean, you and i can talk about the numbers every morning, as we do, but one piece like that, from sara or our correspondents brings it home in an emotional way that the numbers don't. >> and there are people calling that fake. i'm sorry, there are people calling that fake. those people are in a parking garage trying to get better right now. it is desperately real. >> we want to take a moment now to remember some of the nearly 290,000 american lives lost to coronavirus. jay welches of tennessee was a former firefighter, emt, and sheriff's deputy who volunteered as a little league umpire and a peewee football coach. friends remember him for his kind heart, his sense of humor, and his willingness to help others. jay was 69. 37-year-old melinda rolling was a beloved music and ar

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