4.8 • 118 Ratings
🗓️ 5 December 2025
⏱️ 43 minutes
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| 0:00.0 | All right, guys, thanks so much. |
| 0:01.5 | Welcome to Closing Bell. |
| 0:02.6 | I'm Scott Walker, live from Post 9, here at the New York Stock Exchange. This maker breakout begins with the hunt for a new record high. The SSP, not that far away from yet another market milestone in 2025. We'll ask our experts what's in store for your money moving forward, including the Wharton Schools, Jeremy Siegel. He'll join me in just a moment. |
| 0:21.7 | Let's show you the scorecard here with 60 to go in regulation today. We're still on track |
| 0:25.6 | for a positive week trying to get a little something going here late on this Friday. Energy |
| 0:30.1 | and Tech are leading the way today. Been a solid week for Meta on that Metaverse report from a couple of |
| 0:36.0 | days ago. Micron is up 5% this week and a pretty good one as well for the banks. We're going to have a closer look at that space coming up. A very, very good performing group this year that big banks are and they're looking pretty good today too. It does take us to our talk of the tape. Can stock stage an end of year run? Let's ask the Wharton, |
| 0:54.6 | Professor of Finance, Jeremy Siegel. He joins us now. Professor, it's always great to talk to. |
| 0:59.5 | We usually do this on Fridays, which affords us the ability to size up this week and the past |
| 1:04.9 | few weeks at that. I mean, how does this market look to you here? The market looks very, very solid. |
| 1:13.6 | I'll tell you one thing, I don't think we can rely on seasonal predictions. |
| 1:19.0 | You know, we all said, oh, September, October, normally week months, November, |
| 1:23.7 | normally the best month of the year, and it just squeaked out a little bit of a gain. |
| 1:28.3 | December is usually a good month, but can go either way. Actually, one of the most reliable |
| 1:33.3 | periods for December is the trading days between Christmas and New Year's that's up almost 90% of the time. |
| 1:41.3 | So we could reach new records. I'm actually fairly pleased with what I'm seeing |
| 1:48.5 | in terms of holiday sales. I was a little fearful that tariffs might impact those sales, |
| 1:55.4 | but Black Friday was good. Cyber Monday was fairly good. Not gangbusters, but it shows an economy that, you know, |
| 2:02.8 | is moving at a, you know, probably two, two and a half percent GDP pace. One thing that's so unusual, |
| 2:10.3 | Scott, I mean, yesterday, when I saw jobless claims go to more than a three-year low, |
| 2:17.1 | and the day before that on Wednesday, seeing the ADP employment report showing the lowest level in almost three years. |
| 2:26.3 | I mean, that is something that is just never supposed to happen. |
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