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CNBC's "Fast Money"

Stocks near record highs with just 1 trading day left in 2023 12/29/23

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.91.3K Ratings

🗓️ 29 December 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

The S&P just a few points away from an all-time high, can tomorrow’s last trading day of 2023 get it across the finish line? The traders break down some of December’s biggest winners. Plus… a financial focus. Fast Money Disclaimer

Transcript

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0:00.0

Live from the NASDAQ market site right in the heart of New York City's Times Square.

0:07.0

Almost New Year's guys. This is Fast Money. Here's what's on tap tonight.

0:11.0

Magnificent or mediocre. How would you rate 2023 on Wall Street? AI boomed,

0:17.1

tech dazzled, but was the rest of the market nothing to write home about? We'll debate that.

0:21.6

Plus the Flow Show, a look at where investors

0:24.3

put their money to work this year. What can the ETF inflows tell us about the

0:29.6

mood of the market now and in 2024? And then later on our charts of the year from retail

0:34.6

to chips to crypto and beyond the traders break out their picks for 2023 and

0:39.4

then look ahead to the new year. I'm Dominic Chu and from Melissa Lee tonight coming to you from

0:44.0

Studio B at the NASDAQ market site on the desk tonight Steve Grasso, Carterworth,

0:49.6

Julie Beal, and Bonowin Eisen. And we begin with a winning year officially now in the books.

0:56.0

A mostly mellow day on Wall Street with the major averages as you can see they're all slightly

1:00.0

lower. But for the year, the Dow ending just below record highs up nearly 14%.

1:05.9

And if that wasn't enough, the S&P 500 within a whisper of its record high and the NASDAQ,

1:10.8

seeing its best yearly percentage gain in 20 years yet it's still

1:16.8

6% below its all-time closing high. One of 2023's most notable performances

1:22.2

has been the NASDAQ 100, the big One of 2023's most notable performances

1:22.6

has been the NASDAQ 100, the Big Tech Index,

1:25.7

having its best year since the dot-com bubble

1:28.5

all the way back in 1999, believe it or not,

1:31.4

surging by almost 54%.. The Magnificent 7 driving a massive amount of

1:36.0

the gains in the NASDAQ 100. In video rallying 239 percent meta platforms ripping 194 percent,

...

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