Good Monday morning. Welcome to another hour of Swalk on the Street. I'm David Faber with Mike Santoli and Leslie Picker. We're live in post-9 at the New York Stock Exchange. Carl and Sarah have the morning off. I want to take a look at the equity markets. It's not a pretty picture, at least if you're long, as we head into, well, we're into the second to last trading day of the year. And you can see we are down sharply on all of the major averages. Treasury's not really the culprit here.

Obviously, we did have that spike in rates last week. year, and you can see we are down sharply on all of the major averages. Treasury's not really the

culprit here. Obviously, we did have that spike in rates last week. Not so much as you see a

decline overall in the tenure to 4.547%. Yeah, it seems to be more sentiment driven today. We are 30

minutes into the trading session here. Three big movers we are watching.

Invidia off morning lows and in the green actually. Oh no, down, down about half a percent,

or a quarter of a percent at this point in time. The company is turning its attention to robotics,

according to the FT, saying Nvidia will launch the next version of compact computers for humanoid robots in the first half of next year.

Officials in South Korea are investigating a deadly plane crash involving a Boeing jet after it landed and skidded off the end of a runway at an international airport there and erupted into a fireball as it slammed into a wall.

Transportation officials there now conducting a special inspection of all Boeing 737-800 aircraft operated by airline airliners in that country.

Shares of Boeing down more than 4% right now.

And more volatility in names like Tesla and Palantir both still up double digits and some of the best performers on the S&P in December, but coming off of those highs into your end, Tesla down about 3%, Palantir down about 5%.

We got PMIs a little while ago. Let's get pending home sales there out just moments ago, and Diana Oleg has been for it. Diana.

Well, David, pending home sales in November rose 2.2% month to month and were up 6.9% from November last year. That according to the realtors, and that is slightly better than expectations and the fourth straight month of gains.

Remember, this count is based on signed contracts, so that's people out shopping in

November when the average rate on the 30-year fix spent much of the month over 7% before

coming down in the last week. NAR's chief economist, Laura Sjud said in the release,

consumers appeared to have recalibrated expectations regarding mortgage rates and are taking

advantage of more available inventory.

Regionally, sales fell in the northeast month to month, but rose everywhere else with gains the

strongest in the south now that may have been making up for declines in earlier months due to

several hurricanes and flooding. And it looks like we will be starting the new year over 7%

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