Live in the Nazac Market site in the heart of New York City's Times Square, this is fast money.

Here's what's on tap tonight.

Biotech Boom, Bristol Myers announcing a $14 billion deal to buy Corona Therape therapeutics the deal giving this lagging

sector a lift today will a rotation in the markets breathe new life into biotech

plus Nike's no good rotten day after the stock tumbling over 11% on the back of its earnings is this a Nike

problem or another tell about the health of the consumer and later a Friday fast

request live ahead of the final week of the year we are taking your questions about what

you should do with your money hit us up on X at the NBC Fast money I'm

Melissa Lee coming to you live from studio B at the Nasak on the desk tonight

Tim Seymour Steve Grasso, Courtney Garcia, and Guy Adami.

And we start off with another historic run for the markets. The S&P's staunching today's

late day pullback to lock in his eighth straight week of gains, its longest winning streak since November 2017.

The index now less than a percent from its closing high. The Dow was down slightly today,

but still up since Monday. It and theASAC also up eight weeks in a row but

while it's been a strong year for markets broadly not everyone came along for the

ride mega cap tech semi software stocks home, all seeing outsized games this year.

On the other hand, utilities, regional banks, energy stocks, and staples all far underperformed

the market.

But are the laggards due for a comeback in the new year?

Or will the same leadership continue in 2024?

And we've seen hints of rotation in recent weeks.

Sky, can that continue?

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