Closing Bell Overtime: S&P nears record high, Tesla takes off & Re/Max CEO on home prices 12/27/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 27 December 2023
⏱️ 44 minutes
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| 0:00.0 | Stocks eeking out modest gains today as the S&P inches closer to a new record. |
| 0:05.3 | It's just about 15 points give or take from its 2022 closing high now. |
| 0:11.6 | That's the scorecard on Wall Street, |
| 0:13.1 | but the action is just getting started. |
| 0:14.6 | Welcome to Closing Bell Overtime. |
| 0:16.2 | I'm Morgan Brennan. |
| 0:17.4 | John Fort is off today. |
| 0:19.0 | Stocks stuck in neutral, though, |
| 0:20.8 | failing to hit record highs, |
| 0:22.1 | as we just mentioned although the major |
| 0:23.2 | averages remain on pace to extend an eight-week winning streak coming up the |
| 0:29.5 | US CEO of Social Investing Company E., on whether retail investors could fuel this next leg of the market rally, and what are clients are buying and selling right now. |
| 0:40.0 | Plus, Tesla, one of the top performers in the S&P 500 today on a report the EV maker is revamping the |
| 0:46.7 | model Y at its factory in Shanghai. We will discuss what that could mean for the stock. |
| 0:52.2 | But let's get straight to our market panel. |
| 0:54.3 | Barry Bannister, Stevel's chief equity strategist and George C, co-founder and chairman |
| 0:59.2 | of Annandale Capital, join me now. Gentlemen, welcome to you both. |
| 1:03.8 | Barry, I will start with you because coming into this year, |
| 1:08.7 | you're a little early with a call, |
| 1:10.2 | but you basically said that the S&P was going to hit 4,300 by April. |
| 1:15.0 | It happened in June. |
| 1:17.0 | Then you said that the market would largely stay flat through the end of the year. |
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