After the bell, here we go again. Earnings its game on salesforce hp hewlettpackard enterprises. Guess. And gamestop all reporting tonight. Well tell you what to expect. A debate on whether gamestop can capitalize on the video Game Movement that stock has suffered mightily. A yield of 9. 25 right now unbelievable. Lets start with todays market rally all four major averages are in record territory the s p crossed 2,600 for the first time today joining our closing bell exchange, david kelly from Jp Morgan Funds peter costa from empire executions is at post 9. Rick santelli is at the cme in chicago. Peter, the engine keeps chugging along here. Oh, my god. Its almost unbelievable to today, this was a little unexpected i think we did have positive data this morning. To see the market open up 150 points without batting an eye and continuing to stay strong, you know, its theres a confluence of really good things good earnings, low interest rates, even with the rate hike next week, next month,
Telling cnbc we may not need the type of tax cuts being proposed. We have those details coming up. And a major deal in the media space. Maybe youve heard about it. It brings together bbetter home gardens and people magazines, Meredith Buying Time Inc for nearly 2 billion. Will this pave the way for more deals especially in the media sector where theyve been trying to get them done we have that coming up in a little bit. First, our top story today, the cyber monday surge amazon shares hitting yet another alltime high today. Courtney reagan joins us from an Amazon Fulfillment Center in robbinsville, new jersey, with the very are you packaging anything and sending it off as well reporter no, no, im not allowed to touch anything, so i will not be touching anyones packages dont you worry about it amazons prime day, bill, actually still Reigns Supreme at least as far as we know for its biggest day on record. Last year on cyber monday, amazon shipped 64 million items worldwide. Thats what was
New data and uncertainty over tomorrows opec meeting. Well be leave in vienna with the latest porsche is unveiling a new model today. Ceo will be joining us in a first on cnbc interview coming up but while the dow and s p started off the session with alltime highs yet again, the nasdaq has been falling all day and Companies Like netflix, apple, amazon, theyre seeing big declines bertha combs has the news. So are the big tech cap stocks, investors calling it the great rotation today theyre taking profits on names that have run up so fast look at autodesk thats a case in point today, trading at alltime highs yesterday, tumbling on an earnings missed also announcing a 13 work force layoff, thats sending some jitters as well in tech. The biggest source of pain though overall is the sector now the Semiconductor Index has been leading the charge to alltime highs here at the nasdaq the index closing at a record high led by micron and invidia, both doubled this year invidia today seeing a chal
A next the next gear. Yeah, if you went out for lunch, like came back and checked the market, you went, what the heck happened yes. Ooersheres a look at our se heat map energy dealing well, had of course the opec extension, industrials, financials, goldman the best performer in the dow. Those are all the big winners. Ug the ten year yield is creeping up a little bit today. Real estate also in the red. Coming up, well go to washington for an exclusive interview with senator Chuck Grassley about tax reform. Chairman of the Senate Judiciary committee. The dows rise, 24,000, has been rapid compared to other big milestones a few of the signature trader hats for each milestone on set with us here courtesy of our friend, the trader peter tuchman, one of the most famous traders on the floor, looks like albert aeinstein if we can zoom out for a second, so we crossed 20,000 january, we crossed 21,000 on march 1st. That day was sort of reminisce soent of today crossed 22,000 in august crossed 23,
Lying to the fbi, prepared to testify against President Trump, nbc something nice has yet to verify at any rate, down sharply. Now weve come back. There was a lot of talk about tax reform, stocks recovering the early losses, tax reform appears to gain no men tucmomenm the latest from washington on where this bill stands coming up in fact, lets get straight to the big news in d. C. Hitting the markets today. It is the fall yout from the guilty plea of former National Security adviser Michael Flynn eamon javers joins us with the latest at this hour. Reporter kelly, we got news in the past couple minutes here reported by nbc news that two officials tell them that Jared Kushner is the official who is listed in the criminal information surrounding Michael Flynn guilty plea today as being a very senior transition official who advised mike flynn to get on the phone with officials from various countries around the world to talk about a u. N. Sanctions problem that they had back during the pres