Closing Bell Overtime: Banks vs. the Fed, Apple's Smart Home Push, and Tesla's 2025 Outlook 12/24/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 24 December 2024
⏱️ 43 minutes
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| 0:00.0 | All right, that's the end of regulation time. |
| 0:03.0 | The Council of Autism Service Providers ringing the closing bell at the New York Stock Exchange, as you're seeing there. |
| 0:08.6 | The Little St. Nick Foundation doing the honors at the NASDAQ market site as well. |
| 0:13.4 | The market leaving a nice gift for bullish investors on this holiday shortened trading day, |
| 0:18.2 | the Dow extending its winning streak to a fourth straight day. |
| 0:21.7 | The S&P 500 in NASDAQ higher for a third day in a row. That's the score caught on Wall Street so far today. |
| 0:28.2 | But the actions just getting started here on the show. Welcome to closing bell overtime. |
| 0:32.3 | I'm Dominic Chu alongside Leslie Picker. John and Morgan, of course, are off for the holiday today, Leslie. |
| 0:37.1 | Every sector in the green today led by consumer discretionary, Tesla driving that sector higher again. |
| 0:42.9 | And coming up, former Tesla board member Steve Wesley on the outlook for the EV maker under the incoming Trump administration. |
| 0:50.5 | And Fundstraps Tom Lee on whether today's market gains are the start of a year-end rally. |
| 0:56.9 | All right, let's break down today's market action with a host of different voices on this. |
| 1:02.0 | Jose Rasko of HSBC private banking and wealth and Steve Sosnik of interactive brokers as well. |
| 1:08.4 | If you take a look at the market so far today, this is nice. |
| 1:11.3 | It's a feel good, at least going to the holiday week, guys. And maybe Jose, I'll start with you. |
| 1:16.6 | Do you feel as though this is a rally that can carry on for the next few days into the new year in that so-called Santa Claus rally period? |
| 1:25.2 | Yeah, yeah. Look, I think if you look, we got through a lot of noise in the last couple of weeks, |
| 1:29.3 | everything from potential for government shutdowns, debt ceilings, et cetera, we've gotten through |
| 1:33.6 | a fair amount of that. |
| 1:34.6 | I think now people are going to look ahead past the holiday season. |
| 1:37.6 | Earnings begin pretty quickly as we turn the calendar page. |
| 1:41.4 | So I think the market is going to start to look there. And no question, |
... |
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