Cheryl veronica . I hosted so im ready to be done. We have a lot of news coming up this morning. Our top story this hour was, well, it was christmas, americans spending more money online for the Holiday Season, ecommerce sales jumped more than 18 compared to last year overall. Holiday retail sales excluding cars rising more than 3 . Thanksgiving did fall later this year which pushed a lot of retailers to start sales earlier. President trump touted the news, heres what he tweeted. 2019 Holiday Retail sales were up 3. 4 from last year. Biggest number in u. S. History, congratulations, america. Veronica, your reaction in the middle of all this political abusinesabyss thats happening , you have an economy and consumer thats on fire and we have numbers to prove it. It sounds like youre trying to get away from washington but this is great for the party of washington, for republicans, for the president. This is a great economy for him to be going into 2020 with. Theres a ton of devi divisiven
Stocks. It really started, if you think about it, a year ago today with a big rally the day after christmas, the after the Christmas Eve selloff last year. Now as we get set for a new year, nasdaq 9,000, what is next . What are you thinking about . Im really optimistic where the markets are going in 2020. It is kind of interesting, if you look at this historically, with a year where markets are up over 20 , on the average the dow has been up over 75 of the time with an average of close to 9 . The s p 500 has been up over 83 of the time with an average over 11 . Past returns are not indicative of future returns but if stats is on our side, history is on our side, markets are still good value, there is still room to grow and a lot of potential as weve seen in the past. Connell gary you and i spoke couple days ago right before christmas. Youre more of a worrier, right . Nothing wrong with that. Someones got to but how do you look at this run . At this point, is it getting toward as point
Well be looking at the crippling problem and what can be done to alleviate. All that and more on making money. Charles break out the nasdaq 9,000 hats, folks. It has been a decade for technology, which now, influences all facets of our lives and the process has created wealth beyond anyones imagination. Even not too long ago, think about this, after the Technology Bubble burst, the nasdaq composite, slipped into a form of purgatory if you will. But once technology really began to catch up, the hype began to impact the daily lives, sparked a modernday gold rush that shows no signs of slowing down. Considering this, total volume of nasdaq, in 20,173,000,000,000,000. Now almost 18 trillion, even todays session, the big names in tech are leading nasdaq even higher. The question, can the biggest winners of the session of the year, of the decade, keep it going into the next year, even the next 10 years . Here with me jackie deangelis, money map chief investment strategist, keith fitzgerald.
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