Exchange this is epic as well why do you get squawk box specific mugs. I dont think we have that on closing bell. You think your set down at the ant kuwaited New York Stock Exchange the whole Stock Exchange is our tv set. The whole future is nasdaq. Its moving forward. The specialists, the middle man. You want to be here, my friend its a lovely new set. It is. I wonder how much these costs, these mugs. I love the New York Stock Exchange we love both. Just kidding we do get territorial once in a while. Im glad you like our new sets and our mugs dont take that with you treasury yields this morning, i looked 190 on the ten year recession fears have faded trade concerns are so 2019, i think. Arent they . Theyre just so 2019 the dollar. Thats supposed to weaken im doing another show today exchange. So am i. Closing bell. Thats your normal show what happened over the weekend . U. S. Military carried out precision defense strikes in syria against a Militia Group following a string of attacks
Nasdaq above 9000 for the first time. Ry lets get used to lets get you started with a quick check of how markets closed. It was a holiday shortened week, but we saw some markets adding to those gains, those record highs, so the s p 500 was led higher by consumer companies. Nordstrom, macys, jcpenney all advancing. Not to mention u. S. Jobless claims fell to a threeweek low. Today the biggest gainer after saying this Holiday Season was recordbreaking. That surpassed and closed above 9000 for the first time, but usp stocks under u. S. Stocks under a little pressure at the moment. Lets turn to sophie for what to watch. Sophie that post christmas lull. Low japanese futures nudging higher. Some green chips could top this, which snapped an eightday drop. In tokyo, we watch for reaction to a report that the president of three Japan Companies will step down following scandals in the insurance unit. We are also keeping an eye on retailers across the region after amazon reported a recordbreaking
The Halftime Report starts right now. Welcome, good to have you on this our investment can, jim lebenthar at Gilman Hill Asset management we begin with market, stocks suffering the biggest one quest lies ahead when it is time to take some profits as the calendar turned and continued to ride the momentum, and we do, joe, have a lot of momentum. Youre not going to fault anybody for taking chips off the table given the run weve been on no, and consensus very optimistic which is unique to the environment we were in one year prior listen for someone very tactical it makes sense to believe that you will get a correction sometime in the next couple of months, this validity in the assertion and you can tactually trade around that. Defining the playbook for 2020, what particular sectors are going to carry you where you want to be for the end of the year and if you reflect on 2019, scott, been all about technology you take the s p year to date. The s p tech return, up 31 . Do you know technology
Josh lipton joins us with a look at the incredible stock, the incredible year. Hey, josh. Reporter carl, thats right. As 2019 comes to a close, apple investors have plenty of reasons to celebrate that stock has enjoyed a remarkable run surging more than 80 this year. That means apple is on track now for its best year since 2009 another way, it added 530 billion in market cap this year. Thats the equivalent of two netflix, three teslas, with a few billion left over. The nasdaq is market cap weighted, given apples size, it helped to power the index to a record 9,000 level today, most Analysts Covering apple rate it a buy. Nearly 60 in part because they think tim cook with the current lineup of devices will be able to keep iphone revenue relatively flat the next few quarters, even as services and wearables continue to go strongly theyre betting that should be enough to drive Single Digits growth for the company what are the risks for investors to consider . I caught up with gene munster,
Well. President trump will make his way to austin, he will tour mac pro manufacturing facility with tim cook. Impeachment hearings in washington, was billed as the most crucial day. The morning session many ways appeared to live up to that billing. Ambassador to the European Union, Gordon Sondland retreed new details about dealings with ukraine. President trump reacted to all of that. Blake burman was on the lawn of the white house. He joins us from the north lawn with the very latest, blake. Reporter what a morning in washington. Started with explosive testimony from Gordon Sondland, current ambassador to the European Union up on capitol hill as part of the impeachment hearing. Son land in his written testimony today he laid out an entire section he described in his words a quid pro quo. According to sondland in order for the newlyelected ukrainian president Vladmir Zelensky to have a meeting with President Trump, ukraine had to announce it would have investigations into the 2016 serv