All right, John, thanks. Welcome to Closing Bell. I'm Scott Wobner live from Post 9 here at the New York Stock Exchange.

This make a break hour begins with the Santa Claus rally.

Whether we're going to get one this year after that sizzling six weeks stretch for stocks.

We'll ask our experts over this final stretch.

And it could be an interesting final stretch

because here's your scorecard with 60 minutes to go in regulation.

I thought I was going to tell you that we had turned red

across the board because we did but now we bounce

back so the Dow has lost a lot of its early gains Nike taking the biggest bite

out of the index and that after its outlook disappointed one of the worst days in a long time for shares of

Nike s and p nazdak they're trying to hold on to gains it's the Russell that's

once again out performing today and all of this after the Fed's favorite

inflation read the p. c PCE comes in below expectations.

Rates well they're mixed across the curve as Treasury's reacted to some pretty robust

economic data all the way around today which takes us to our talk of the tape.

How far stocks are set to go in the new year with several potential challenges still ahead.

Let's ask Dan Greenhouse chief strategist and economist here at

post nine welcome back thank you sir so as we close the week what are we

going to do here with with this market as we edge towards the end of the year and go into the new one?

Have we done too much too fast?

Are we still set up for something pretty good as we begin a new year?

I'm generally a skeptic of the any point markets have gone

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