Squawk on the Street: 12/29/25
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 29 December 2025
⏱️ 42 minutes
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| 0:00.0 | Market Moving Insight and Analysis. |
| 0:02.0 | Join Jim Kramer, David Faber and me, Carl Cantonea, on the opening bell hour of CNBC Squawk on the Street. Good Monday morning. Welcome to Squawk on the Street. I'm David Faber. She is Sarah Eisen. We're live for the Post 9 at the New York Stock Exchange. Jim and Carl have the morning. I think they have a whole week off. Yeah. Just me and you. All week long, three hours. three hours. That's my dream come true. Nothing. This is the way you want to end your year. Speaking of ending of the year, let's take a look at futures. Of course, we are looking down, Sarah, as you can see right there. Perhaps a bit of a sharper, lower open when we get started a half hour from now. Our roadmap does begin with what's been a very |
| 0:38.5 | strong year for Wall Street. Of course, the S&P is still hovering right near those record levels, |
| 0:43.3 | financials hitting new heights, and the metals trade. Man, silver, for example, a record run. |
| 0:49.6 | Plus, Lulu Lemon founder, Chip Wilson, launching a proxy fight to change the board. |
| 0:54.9 | We'll explore what it means for the athletic apparel retailer and the California tax backlash. |
| 0:59.6 | Tech founders in Silicon Valley threatening to flee the state over a proposed wealth tax aimed at billionaires. |
| 1:05.7 | This dominated my social media feed last night. |
| 1:07.8 | Oh, I'm sure it did. |
| 1:08.7 | I'm sure it did. |
| 1:09.7 | We'll discuss that, of course. Let's start, though, |
| 1:11.6 | with the markets. We're going to kick up the final trading week of the year. We've got three more sessions, and then on Friday, of course, we'll begin the new year as well. What's on your mind? Well, just seasonality, first of all, you know, this is part of the Santa Claus rally, and we don't make too much of seasonality, but |
| 1:27.4 | it has historically been |
| 1:29.5 | a very strong period for the market. So we have two |
| 1:31.4 | days. Let's see what happens today. There's five more days left of this. But over the full seven days, the S&P 500 on average gains 1.3% and is up 70% of the time. |
| 1:45.0 | So we're up 0.3% already going into today, but today doesn't look like it's going to continue. |
| 1:50.0 | Just a seasonality thing, you know, because there's not much happening on the fundamental front. |
| 1:55.0 | We'll get some data releases today. We'll get some housing data. |
| 1:58.0 | Tomorrow we'll get minutes from the last fed meeting on |
| 2:01.1 | wednesday we'll get jobless claims they early them up because of the new year's holiday so i'll |
| 2:05.3 | be watching that but we're we're kind of in this in this sweet spot where the economy's doing well |
| 2:11.6 | last week we got a really solid GDP number yes and the fed could be gearing up for more cuts as |
... |
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