It's Jim Kramer here.

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Good Thursday morning and welcome to Squawk on the Street.

I am Sarah Eisen with Bob Bassani today live from post night of the New York Stock Exchange, Carl Jim, and David, have the morning off.

Take a look at futures right now.

As we just continue this win streak, we're right in the middle of the Santa Claus rally.

Looks like the Dow futures are pointing to a lower start. Everybody else is higher.

NASDAQ futures up 45, SME futures up a bit. We're less than a 0.3% away from a record closing high. We'll

see if we can get there today. Our roadmap begins with that record watch. S&P inching closer

to all-time highs as the Santa Claus rally rolls on with the Dow and the NASDAQ 100 hitting

their own records. Plus, Tesla shares at a three-month high and seeing the third best year on record, but will waning EV demand prove a headwin for growth in 2024? And why one

analyst thinks AI will become Microsoft's iPhone moment in the next few years. We'll begin with the

markets, though, including record highs for the Dow and the NASDAQ 100.

It's been a powerful, somewhat surprising rally fueled by lower interest rates.

We continue to see new cycle lows for the tenure.

We're now at levels we haven't seen since July.

4.8% right now, I believe, on the 10-year, somewhere 3.8, excuse me, on the 10-year.

The important thing here is 4793. That would be the closing year somewhere 3.8 excuse me on the 10 year the important thing here is 4793 that would be the closing high of January 4th 2022 for the S&P we're very close to it you know

fractions of a percent that's the remarkable move for the year that we've seen I think this time

last year remember we were preparing for a recession.

Everyone was expecting and everyone was expecting an earnings recession.

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