Than 46,000 acres and that 2 contained and take a look at this brandnew video a crime viewer frank blew sent to us it shows the glass fire from above the Santa Rosa Calistoga area around 8 oclock tonight. Franc was flying into sfo from spokane when he saw the huge plumes of smoke and the orange glow of the flames and this is looking down from several 1000 feet and it gives you an idea of just how much landon area is burning in just how devastating these fires are. We have Team Coverage tonight on this last fire we start with kron fours 10 of us live in Santa Rosa Taylor. We just saw it looks like from the sky and youre there on the ground up close a lot more different situation there isnt. Vicki unfortunately were seeing situations like this homes reduced to rubble. This is what used to be the Saint Germains family home you can see some of the areas here still smoldering and right now standing in what used to be the garage. There was a weightlifting room inside this garage, you can see
Playbooks. And jon najarian is tracking the market for opportunity Halftime Report starts right now. Good to have you with us on this thursday. Your Investment Committee on boxing day no sparring. I know, a different thing. Lets begin with that market milestone, the nasdaq hitting 9,000 for the first time ever. He joe, i local feel like this is the fomo rally, feerp of m ff missing out. Is it sustainable when i the calendar flips over . I think it is for the month of january why not wait and see what earnings will look like before we moderate the rate of appreciation as you move into february and march and the reality of a looming election maybe takes the market and presents it as a pause but you mentioned boxing day remember, this all began one day ago on boxing day, you had the dow jones up over 1,000, you had the nasdaq up over 5. 5 . It began there it followed into the january 2019 with the tremendous pivot from the Federal Reserve and i think that that has been the story that has
Boeing and a new millennial nightmare out in kra california but we begin first with todays markets and bob pisani is track ing that record breaking action at the New York Stock Exchange and nasdaq getting a lot of love today thats because of big five are leading the way. All five of the biggest stocks apple, microsoft, amazon, facebook, when they move, everything moves nasdaq 100 leaders this year, guess what the same companies apple, facebook, microsoft, alphabet and amazon. Five company, nearly 40 elsewhere, bank stocks, big story for the year higher yields, loan improvement. New highs for many including many of the regional banks not today, but in the few week, theyve been up there as well. I know the nasdaq composite gets a lot of love. The nyse composite, which is down here, a compilation of all the stocks that trade down here, also at an historic high today just pointing that out, brian. Back to you. So bob, i got a question for you here if you are talking about the nasdaq at 9,0
Tenth Straight Record close driven by all the names that worked all winter long plus a strong read on Retail Holiday shopping numbers do not disappoint. And jobless claims fall pointing to continued strength in the labor market joining us for the hour, anastasia om row sew it is great to have you with us. Great to see you. What do we make of this its typical. We melt up into year end i mean, think about all the things that got resolved in december weve got the phase one basically a done deal between u. S. And china maybe a little bit overlooked by the usmca getting passed by the house. Weve got a lot of good enthuse. We started to see the inflection point. Whats interesting in the internals of the market is what people are buying. What do you do when the s p is up almost 30 for the year you start to look for the laggards its emerging markets, health care, energy those are the ones rallying the most to break down those areas you see opportunity over the course of the hour. For now lets
Good Tuesday Morning welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan at post nine of the new york stock exchange. Jon fortt joins us from investor day for qualcomm, first one since 2016 a lot from jon throughout the hour, including a sit down with the ceo exclusively in a few moments. We start with tech on a tear, on pace for the best year in a decade, shrugging off mixed earnings concerns. Sectors off another record close. The dow is selling off, down 120. Buyers beware. Some say were set for overbought conditions when it comes to tech. We talk more about this and the market at large. The chairman of Global Internet banking, good to have you back. Thanks for having me. How do you put the run weve seen, especially in things like semis into context whats driving it . It is amazing, nasdaq up 28 , driven by bigger cap companies, apple up over 60 , microsoft up over 40 , facebook up over 40 to add to the point, semis has been a sub sector, up 58 , driving growth other s