That's the end of regulation. The Blue Shirt Group bringing the closing bell at the New York Stock Exchange, BlackBaud doing the honors at the NASDAQ.

We've got record closes for the S&P 500 and the NASDAQ as the final month of the year begins.

That is the scorecard in Wall Street. But the action is just getting started.

Welcome to closing bell overtime. I'm Morgan Brennan with John Ford. Yeah, the NASDAQ, the real standout here, having its best day in nearly a month,

but the Dow sitting out the market rally is now down for the second time in three sessions.

Meantime, Intel, taking investors on a wild ride today.

Shares getting an early pop after announcing CEO Pat Gelsinger has resigned,

has retired amid the chipmaker's ongoing

struggles, but it gave back those gains throughout the day. Coming up with top technology

analyst on why replacing Gelsinger won't be a quick fix for the stock. Plus, Alian's chief

economic advisor, Mohamed El-Alarion, on how President elect Trump's tariff threats, including a new one over the dollar,

could impact the currency markets, stocks, and the economy. But let's get to today's market action

with City Head of U.S. Equity Strategy, Scott Cronert and Vital Knowledge founder, Adam Chris

ipoli. Great to have you both here. Scott, I'm going to start with you because we did just have record

close for the S&P and for the NASDAQ here. Russell 2000 flirting with a new record close,

although we didn't get that here, it looks like. And just in the last couple of weeks,

strategists seem to be getting very bullish about their S&P 500 price target for 2025.

You're not necessarily one of them.

When I look at your base case of 5,800 with the S&P finishing right around 6047 as we settle

here, walk me through it.

Why is this your expectation looking to 2025?

And what does that mean for some of these different dynamics that could pull on stocks? Very good question, Morgan. So that target was set

...