Opening Bell: December 31, 2025

Sara Eisen (Co-anchor of Squawk on the Street) 00:00.040

percent drop. In April.

Carl Quintanilla (Co-anchor of Squawk on the Street) 00:01.640

In April.

Carl Quintanilla (Co-anchor of Squawk on the Street) 00:02.960

All right. Mike, of course, is going to stay with us throughout our when the bell opens here. There we go. All right. We get started with the final trading day of the year. Take a look at the scene to see what kind of exchange. Perhaps a bit more green on that board. You're at

Carl Quintanilla (Co-anchor of Squawk on the Street) 00:17.760

the big board. The Downtown Alliance and New York City Council member Christopher Marte doing the honors. Over the Nasdaq, it's the Time Square Alliance. Of course, getting ready for the big ball drop tonight.

Sara Eisen (Co-anchor of Squawk on the Street) 00:27.520

My children think they're staying up for it.

Carl Quintanilla (Co-anchor of Squawk on the Street) 00:30.040

Have you Have you informed them otherwise

Sara Eisen (Co-anchor of Squawk on the Street) 00:32.560

or No. I told them they could, but you know, it's never easy to keep

Carl Quintanilla (Co-anchor of Squawk on the Street) 00:35.560

Oh, that's cuz you know you can do the fake one for kids, you know, It showed on YouTube it at like 10:00 or something No,

Sara Eisen (Co-anchor of Squawk on the Street) 00:41.440

I don't I don't like to lie to my kids. Um guys, you know, you mentioned the the global stocks and and there's a good stat MSCI World Index set for its biggest annual return in six years. So, it really was an all-inclusive rally, not just in the US, where we saw really bright

Sara Eisen (Co-anchor of Squawk on the Street) 00:57.240

spots like I mentioned South Korea and Taiwan tied to AI, but even even Europe, which is not an AI story. Is a defense story? Is That's

David Faber (Co-anchor of Squawk on the Street) 01:05.200

21%

Sara Eisen (Co-anchor of Squawk on the Street) 01:06.960

non-US stocks versus US stocks year to day. That was the

Carl Quintanilla (Co-anchor of Squawk on the Street) 01:09.520

point I was making when when we were talking at the open. I'm sorry, at the beginning of the show, Sarah, that yes, good year for the for the for the US, but Mike, a great year for so many others.

David Faber (Co-anchor of Squawk on the Street) 01:18.880

Brazil, Mexico, China, Sure. all outperformed

Carl Quintanilla (Co-anchor of Squawk on the Street) 01:23.040

the US.