stabilize. i ve had the same job 34 years. i m good. where the economy sits might determine what the next chapter will look like for the country. i m going to work hard, pay off my bills. have a new car in sight. i m going to do it. i m optimistic about 2024 and all it will bring to the world, to the economy. neil: investors have high hopes for a new year and a new stock market. let s say for the first trading day, not the most magnificent of starts. last year s so-called m magnificent big tech stocks were big duds. so we record, you decide if 2024 is still big. welcome. i m neil cavuto. happy to have you with us. happy new year to you as well. to lydia hu on the bumpy start to what ken fisher says is going to be another banner year. but again, not quite starting out that way. yeah, hi, neil. you said it best. today was a bumpy start for the first day of trading in this new year. of course, it s coming on the heels of a blockbuster close at the end of 2023. al
to what ken fisher says is going to be another banner year. but again, not quite starting out that way. yeah, hi, neil. you said it best. today was a bumpy start for the first day of trading in this new year. of course, it s coming on the heels of a blockbuster close at the end of 2023. all 3 major indices closed with double digit gains. today we saw the s&p 500 and nasdaq tumble while the dow jones tried for a record close hitting that all time high. i ve been keeping my eye on it. it does appear that the dow is going to close in the green. big tech leads today s losses. the so-called magnificent seven, a group of big technology companies including apple and microsoft surged more than 110% on average last year. today apple plunging to a seven-week low. barclay s down graded the stock on reports of weakening iphone