Live from the NASDAQ market site in the heart of New York City's Times, where this is fast money on New Year's Eve.

Here is what's on tap tonight.

What a year.

Despite it down December, it's been a year full of records from AI to crypto to broad tech and beyond.

So will the markets roar higher in 2025 or is the long December a bad omen for the new year?

Plus polar vortex. December's going out

like a lamb, but January is supposed to come in like a lion. We'll break down the impact.

This coming cold snap could have on travel, energy, and more. And later, a look at next year's

returns in retail who's hot and who's not around the globe and ticking off

our trading regrets and resolutions for the new year. I'm Courtney Reagan in this evening for Melissa

Lee coming to you live from Studio B at the NASDAQ market site. On the desk tonight, tonight we have

for you, Steve Grasso, Guy Dami, and Bonoan-Eisen. Thank you all for being here, of course. On this New Year's Eve, we are going to start with a historic year for markets.

Major indexes all setting multiple record highs in 2024. The SMP doing it 57 times. That's more than one all-time high per week.

The benchmark index rose 23% this year after an already stellar

2023. It was the S&P's best two-year gains since 1998. The NASDAQ and Dow also posting big

returns this year as mega-cap tech led the way. The so-called Magnificent Seven responsible for

95-95% of the broad market's gains.

These stocks have added nearly $5.7 trillion in market cap this year.

But it wasn't just tech seeing gains in 2024.

Consumer stocks and financials also outperforming.

Meanwhile, on the downside, energy, real estate, and health care. And then

there was materials the only sector down on the year. So as we close the books on 2024, and we

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