nicole: wiki news this morning. donald trump makes another stop. he heads to iowa as he runs that is picked with homeland security and the future is his. nicole: welcome back, lauren. i'm nicole petallides. a monster rally on wall street but the major averages posting the biggest one-day gains since the election if the data story nearly 300 points checking in on u.s. stock market features right now very much in a wait-and-see mood is to get the new set of your. dow futures up on.
trenches tax initiative wall street up 1.5%. one red arrow on the board at the shanghai composite benefits of 1%. nicole: opec production cut sending oil prices down. 4% over the last two days. today getting 31 cents at $50.8 a barrel. lauren: yields on the ten-year treasury at the european the european central bank meeting today. let us at 2.37% on the 10 year period train to at&t and time warner feel the heat as they try to defend their $85 billion media deal appeared lauren: the senate clears the deal promising drug renewal and now heads to the president. trade to the brian jameson cleveland cavaliers destroyed the new york knicks and the yankees reunite with ace pitcher chapman. all the highlights there. lauren: 5:01 in new york.
welcome to "fbn:am," your first look at morning markets and breaking news. nicole: busy day ahead for donald trent radio travel to meet with first responders of the recent attack at ohio state university before continuing his thank you tour in io tonight. meanwhile, trump continues to still keep posit in the cabinet. blake irving. >> president-elect trump has selected an ambassador to china, a country that's been a focus since the very first day of his campaign. mr. trump announcing that terry branstad has been nominated to that post. prints at the governor of iowa and is known to chinese president for more than three decades. david bassi have to pay when speaking with maria bartiromo unwarranted maria. >> the governor of iowa is a tremendous addition to america's team and fighting for american
workers, america's economy and being appointment to china. >> homeland security come into focus through the retired four-star general tell fox that he's been offered the job. kelly was once in charge of southern command. the attorney general listed of oklahoma's enough for the position to be the next head of the environmental protection agency. back to you. nicole: trump has chosen linda mcmahon to lead the business administration in his cabinet. we also want to tell you about this prelude to our special coverage of trump iowa rally tonight. nicole: the biggest since the election with the dow, s&p 500 and the dow transports, all of them hitting lifetime highs. take a look at the dow, s&p and
nasdaq racking up big gains since donald trump was elected president. the dow up 6.6% in that time within 1200.. they join us by phone from london. good to see you. a lot of people saying this rally has to come to an end over less than 500 points away from dow 20,000. how much longer does this rally continue? >> it seems to me go through periods where the mentality of the fundamental weakness. the referendum couldn't possibly create a lot of those instability and potentially another extent of protests ahead of nature elections next year. the selloff following t constitutional constitutional
referendum must be the must-have as in the selloff which lasted even less time again than the sum of which followed another negative merit pay. so what you see at the moment and this is why we see u.s. embassies at all-time highs. nobody have no such thing -- nicole: i'll tell you what could be bad news. the ata here is the same stocks running a because they expect ecb will extend stimulus another six months. do you think that will happen? if it doesn't, maybe that's the bad news. >> i think it absolutely will happen. low levels of growth so with high levels of unemployment. at the end of the day come t ecb is not meeting close to inflation monday. something has to be done and has to be an extension of six months to the program which is
something a way to resolve the issue. i could be seen as indicative market i wouldn't be confident in that very much in full flow. lauren: senior market analyst, lucius. nicole: a war of words between donald trump and the head of the steelworkers union. saving the union official in the number of shops that the president-elect steele with the company. 1999 has done a terrible job. no wonder they flee the country. speaking to me of caputo, trump
exaggerated the number of job cc. >> governor pence to 350 jobs. that we're staying here from the start. nicole: trump followed up with another trait that accused the leaders of not doing enough to shave the jobs to go to mexico. lauren: devotes over michigan after a judge lifted an order with a statewide review of millions of ballots in the day. the judge says he must follow a decision that that appeals court which finds green party candidate shall sign misleading all of this could not seek a recount. she did not have enough votes. removing the spinner victory over hillary clinton in michigan. stein got about 1% of the vote in three states where she's pushed for a recount but also pennsylvania and wisconsin. he did win in wisconsin and
clinton would have to win in all of them in order to get to 70 dealer to account. nicole: two teenagers charged was started in the deadly wildfires in tennessee. officials said the suspects are held in a juvenile detention center. juvenile court judge will decide if they're eligible for bail. the county's district attorney james dunn says that teens could be charged as adults because that their ages at the wdfires began on a trail and quickly to through the city of gothenburg killing 14 people and destroying more than 1400 homes. the senate passing a bipartisan medical bill and 94-by sending the measure to president obama. the research on cancer and other diseases. the bill would get new cures and
treatments to market faster but critics called the measure a gift to the pharmaceutical industry and medical device industry. nicole: let's take a look at what's going on over in asia in particular. shanghai composite index in chinatown and a quarter%. hong kong hang seng up a quarter of 1%. chris coffee at 2%. lauren: european central bank meeting for the last time this year. the ftse in monday done seven points. cac down to an dax in an dax and germany had 16 points ahead of that meeting. nicole: u.s. stock market futures after a record day of the stock hundred points. down three, s&p down one. the nasdaq is the only one that didn't break the record. lauren: do think the delicate 21,000 this year? oil back at 50th a quarter
right now. $1177 an ounce. nicole: antitrust panel of the proposed merger of at&t time warner senators are questioning the logic of the 85 billion-dollar deal and weather would improve competition reduced prices for the consumer's as the company say it will. >> the benefits of the transaction are significant, being able to offer directv nationwide is a game changer in terms of economics for broadband. it will allow us to expand and enhance to at least 15 million locations across 48 different state and those are mostly in underserved rural areas. >> president-elect donald trump is also come out against the proposed merger. lauren: t-mobile wants to free the phone number as part of a new feature called to feature called digits, t-mobile will allow customers to send text
anywhere you have a device with an internet connection. it will allow customers to the phone calls of the night pattern syntax or may not. people receiving calls will see a normal cell phone number and when the collar text it will be available on many devices. t-mobile effort is similar to website google, google voice, skype and paper. t-mobile service lets users cell phone number instead of getting a secondary number. >> hi, can you hear me now? apple wants to show the newest movie sooner rather than later in talks with major studios to make new movies available as soon as two weeks after they open in theaters. that would be the current 90 days it usually takes now. apple looking forever it just accompanies the delight of amazon, spot a amazon, spotted by a misguided streaming business. nicole: to be crazy fast. delegations are eagerly snapping
up pricey brands as donald trump's washington d.c. hotel is posing a potential problem. >> you really create a story. winter storm is set to link it to initiate early next week regina seemed telling us what to expect. the polar plunge is coming our way. you are watching "fbn:am". ♪ but there will still be pain. it comes when your insurance company says they'll only pay three-quarters of what it takes to replace it. what are you supposed to do? drive three-quarters of a car? now if you had liberty mutual new car replacement™, you'd get your whole car back.
nicole: good morning. 5:15 a.m. here in new york. donald trump's thank you tour takes him to ohio today. the president-elect hamid eyeless republican republican governor terry branstad to be ambassador to china. trump's cabinet is starting to fill out. reports say he will nominate marine general john kelley of homeland security secretary and oklahoma attorney general scott pruett. meanwhile, federal judge has dealt trumps election big tree in michigan. u.s. district judge mark goldsmith effectively ended a
recount of the ballot by fighting the green party candidate shall stein had no legal standing to request a recount. the judge says science to another chance of winning even after a second look at the ballot. that's a nice clear to build promising faster drug approval and through regulation. the bill is called 21st century cures act in one large majorities in the house and senate. and now heads to president obama supports the measure. let's check in on u.s. stock market futures which continue to relative donald trump is elected president. we await a rate hike as well. the 14th dow futures are flat. s&p futures on half of one point. nasdaq futures that too. train through the 14th as next week. as many of the donald trump's new hotel in the nation's capitol presents a potential conflict of interest. fox news at henry tells us why.
>> it's not just vice president-elect mike pence using the glamorous trump international hotel as a backdrop for major events to promote donald trump's brain. >> we truly do believe that our president elect has security mandate for leadership. >> while there's no mandate to stay in the washington hotel, many are doing so anyway. wednesday was the government of bahrain hosting its national reception here. a big report that delegations from foreign countries are eagerly snapping up pricey rims like that amount from the white house. one asian diplomatold the "washington post" why it wouldn't stay at this hotel blocks from the white house selected seven new president and of your new hotel. isn't it rude to come to the city and say i've seen bigger competitor. after his election, mr. trump declared he distanced himself in nature as children take a bigger role with the president-elect
now promising a december 15th news conference where he'll officially trigger but the business to his children. good government groups suggesting that's not enough in the entire family should get out of the business. >> this is a really dangerous area and hopefully is going to see it. >> while ivanka tribe and r father said, she and her siblings will be taken on a bigger role in moving to washington perhaps taken on a bigger role in the administration raising more questions about exactly how all of this will work. more inimical. lauren: at henry, thank you for that. nicole: lebron james and the cleveland cavaliers destroy the new york knicks. yankees reunite with chapman. we will have all the highlights for you. first there was steve jobs the book in steve jobs the movie. now. >> it's complicated. this is a man who has a vision
for simplifying the communication. nicole: we will tell you about steve jobs the opera. you are watching "fbn:am." ♪ this is your daughter. and she just got this. ooh boy. but, you've got hum. so you can set this. and if she drives like this, you can tell her to drive mo like this. because you'll get this. you can even set boundaries for
>> every character is a distinct rule whether it be the inner world is the job switches guitar picking, electronically to the more oceanic lyrical harmonies to aspire to that kind of diffuse electroacoustic sound world of steve jobs spiritual visor. lauren: steve jobs opera scheduled for april 9th in new york city. nicole: not take a look at the latest from the world of sports. the brad james in new york for the first time since controversial comments from jackson referring to the full-court pass with the 112th quarter. he gave the past, slams it home. king james flying high for one hand jam. next session showtime. the province of the court and makes the layout. scores 25 points.
12694. comedians chris rock and billy crystal watching the warriors that clippers face-off. jordan presented with his gold medal from the olympics. laker fan and then factory friends kevin durand. warriors at three early second quarter. he comes in for the one hand plan. steve ballmer loves it. 30 is celebrating. he would have little to cheer about the rest of the way because the fourth-quarter warriors has the turnaround jumper 115-98. flame throwing with april rob chapman is going back to the new york yankees and he signed a five-year $86 million contract with the team. he started last season but went straight to the cubs and helped the cubs to win a world series. that is sports.
lauren: that is paid very cool. we have to show you this for dog lovers out there. out there. amanda called golden doodle. do not spring of american military sure service dog and it looks like he's about to become the next first out of the white house. his current owner is a longtime friend of donald trump. the dog was named after world war ii general george patton of drug passphrases one of the greatest military leaders in american history. he's very few. nicole: arctic air extends across much of the country and some folks in north dakota open the front door of their house to find this wall of snow. that's a pretty big deal. but skated thursday forecast. fox meteorologist janice dean to break this down. we don't want a boss know what that. >> hopefully everyone is okay.
you mention the arctic air mass. here it is as far south as the mississippi river valley down towards the southern plains. current temperature is minus 29. look at what happens on the fact or in the wind. it feels even colder than that. this is the coldest air of the season. it is southward down towards the gulf coast dodgers to panhandle of florida and interest the eastern seaboard on the weekend. the next weather maker is going to be disarmed across the west as well as heavy snow for the bus, midwest and maybe the northeast as they head into the weekend. stay tuned. i'll keep you posted. lauren: thanks, janice. donald trump feels that his administration including mr. ambassador to china, iowa governor terry branstad. >> the governor of iowa is just
nicole: breaking news this morning. donald traffics another stop on his thank you tour. today he heads to iowa as a bronchitis cabinet pick with homeland security in homeland security and epa chases. good morning. and nicole petallides. lauren: good morning. i am going for immunity. major averages posting their biggest one-day gain since the election. the dow with 300 points yesterday. let's yesterday. that's the creatures are shaping up this morning. s&p futures up wind. nasdaq reaches a vidmar records expected today.
>> stocks in asia will follow wall street follow wall street people vacationing up 1.5% a year the year. the index ended down a quarter of 1%. lauren: oil prices lower. crude down about 4% the past few days. it is at $50.1 a barrel. nicole: yelled from the 10 year treasury with 2.37%. nicole: the chiefs of time warner -- nicole: the senators of bill promising faster drug approval and fewer regulations. and now has to president obama. nicole: lebron james of the cleveland cavaliers destroy the new york knicks in yankees reunite with chapman. we will have that for you. nicole: good morning, everyone. thursday, december 8. we welcome you to "fbn:am," your
first look at morning markets and breaking news. lauren: and we take it off with another big day ahead or donald trump will travel to ohio to meet with first responders at ohio's date university before continuing his thank you to her in iowa tonight. meanwhile, trump continues to for key positions in his cabinet. the latest from blake remain. trinitron has elected ambassador to china, a country that's been a focus of the president-elect since the very first day of this campaign. mr. trump announced they'd terry branstad has been nominated to the post a branstad currently the governor of iowa and has known the president for more than three decades. david bossie held the pic when speaking with maria bartiromo. >> the governor of iowa is a tremendous to america's team and fighting for american workers in america's economy and being our
point man in china. the department for homeland security potentially coming into focus. john telly tells fox that he has been offered the job. kelly was once in charge of southern command. a senior transition at telling fox that scott pruett the attorney general and the state of oklahoma has been offered the position to become the next head of the environmental protection agency. back to you. lauren: linda mcmahon, to get the small business admin is ration in his cabinet. we went to tell you about this one. lou dobbs will have live coverage of the iowa rally tonight here on fox business at 7:00 p.m. eastern. nicole: their biggest rally since the election. s&p 500 and the dow transports all hating lifetime highs the dow, s&p and nasdaq racking up big games. check this out.
but gallup and more than 6.5%. we bring in craig ireland, senior market analyst and he joins us by telephone from london. craig, we've seen a great rally. the financials are done playing with the markets are doing as virus percentage turn. we expect a rate hike next week. your thoughts? >> disinterest in the markets are higher despite showing how much it would appear that investors have been the stimulus plan. i think that's going to be a major fight in this rally and the fight we are seeing these indices pushed to new record highs despite a rate hike next week and probably a couple more next year is a major positive for the market. this is a market repeatedly been spooked by the prospect of tightening monetary policy in the recent years. >> we have to see how many we get in 2017.
what do you expect from the european central bank of the news conference today? >> i think you can look to extend the quantitative easing program. i'm hoping they won't look to paperback and the things that could spook the market. it's already underachieving in terms of inflation. it's about time to be looking to reduce the amount is goodness it's providing. i do think they are going to maybe even mention a prospect that they could give undertakings to mark down the line. they could maybe suggest the contents of inflation but the economic outlook and look at them more along the lines of the direction and i think the pcbs are reaching the extent of what it can actually do. nicole: you mention a trump rally, not a race are going up which is good for financials,
but good for the rally. can you elaborate on that? >> is obviously a number of factors people are concerned about. nicole: do you think it continues? i think a dozen songs that delivers on the fiscal stimulus package. this will completely miss from the economic recovery until now. thanks for joining us. >> thank you. lauren: a war of words has erupted between donald trump and the steelworkers union in indianapolis. transcending the union official after he suggested trump wasn'tr of jobs sent to the president next to you at the company. nicole: reading chuck jones who is president of the united steelworkers 1999 has been a terrible job representing workers had no wonder companies flee the country. speaking earlier this week, jones said trump exaggerated the number of jobs he saved.
>> donald trump and governor pence are taking credit f 350 jobs that are research and development jobs at worst dating here in indianapolis from the start. nicole: trunk followed up with another trait that accused the leaders of not doing enough to save the jobs they were due date go to mexico. lauren: nicole: congress wants to investigate legislation to create a bipartisan independent commission to investigate russia's ultimate. the pro will also look into the hacking up a mouse hillary clinton's campaign staff. donald trump has continued to deny that there is proof of russia's involvement. >> two teenagers charged with starting this or that wild fire in tennessee. they are held at a juvenile tentn center into juvenile court judge will decide if they are eligible for bail. the district attorney james dunn
says the teens could be charged as adults. they have not been identified because of ages. wildfires began back in november 23rd on a trail of the great smoky not national park quickly tour through the city of gatlinburg, killing 14 people and destroying more than 1400 homes. they say no to, gatlinburg open for business. nicole: the senate passing a bipartisan bill 94-5 sending the measure to president obama. $6.3 billion legislation with speed drug approval bolster research on cancer and other diseases as well. the bill would get new cures and treatments to the market faster. critics called the measure a gift to the pharmaceutical and medical device industries. lauren: mostly green on the screen. in japan in a in japan the nikkei surging 1.5%.
the highest since the start of the year. the hang seng in hong kong at the third of 1%. the cost in south korea at 2%. in china's shanghai composite down the fifth of 1%. nicole: let's check out what's going on in europe. part of the big deal here is that the german dax is above the 11,000 mark them as the first time wednesday night in 2016. all of these in wait-and-see mode. the cse appointed by 1%. german dax up almost a third of a percent grassley and mrs. the european central bank. they also hear from lawmakers moving forward with the british exit plan. lauren: would've been on the record tear. dow jones futures at 13 points, s&p futures up on. they can s&p sectors we like to watch are up sharply. financials of 17%. investors of 10% since election day. nasdaq futures she had a record
year at seven this morning. nicole: let's check out key commodities. 5004 the browse up half of 1% right now the gold is down 60 cents that is often 76 to try out. lauren: senate antitrust panel with at&t and time warner yesterday. senators questioned the logic of the $85 billion steel and weather would improve competition and reduce prices for customers as the company stay afloat. >> the benefits of the transaction are significant. being able to offer direct tv nationwide is a game changer in terms of economics for deploying broad then. it will allow us to expand into enhanced broadband service service to at least 15 million locations across 40 different states and those are mostly in underserved rural areas. >> president-elect donald trump has come out against the proposed merger.
nicole: t-mobile wants to free the phone number. t-mobile will allow customers to make calls or text anywhere you have a device with an internet connection. the service will allow customers to make phone calls with the night patter syntax from the lab to hear people receiving these calls will just see your normal cell phone number and then they call or text it will be available at on any devices. t-mobile suffers are similar to apps like google voice, skype, but t-mobile service lets you use your actual cell phone number and set in a secondary phone number. lauren: apple wants to show you the latest hollywood movie sooner rather than later. making new movies available on itunes as soon as two weeks after they have been on the big screen. that would be the current 90 days and usually takes right now. apple looking for every edge as
it competes with amazon and spot if i and others in this crowded street in business. that would be really fast, two weeks. nicole: coming up, and doughnuts in the desert. gary kaslow drives the new ford f. 150. this hotselling pickup truck and all the details they are. >> this is a high-tech, high-performance machine. nicole: the rapture has the showrooms this week. a cross-country winter storm set to blanket the country early next week. are you prepared? janice dean tells us what to expect. you are watching "fbn:am" ♪ good. rox real time analytics make transit systems run more smoothly... and morning chitchat... less interesting. xerox transportation services... ...soon to be conduent.
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lauren: good morning. 5:45 a.m. manager. donald trump's thank you tour takes him to iowa today. yesterday the president-elect nominated republican governor terry branstad to be ambassador to china. trunks cap is starting to fill trunks cap is starting to fill up his reports say he will nominate john kelley as secretary. they mimic man to head up the small business administration. in the meantime, the federal judge has said trump's election victory in the state of michigan. u.s. district judge mark
goldsmith effectively ended the recount of the ballot by finding the green party candidate jill stein had no legal standing to request a recount. the judge said stein didn't have a chance of winning after a second look at the ballot. and now is expensive the way. said it has cleared a bill with faster drug approval and fewer regulations. the bill has called 21st century cures act than it wanted large majority in the house and senate. and now heads to president obama who supports the measure. let's check in a stock index futures this thursday morning ahead of the opening bell before the european central bank meeting. features of 16 points, s&p futures up 1.5. we can clearly have a record highs across the board. nicole: why not. thanks, laura. pasco one of the stocks we're watching today. shares are rising in the free market after the latest quarterly profit retailer topped expectations at 153.85 in the 155 range right now.
the first game in the past three quarters. the latest results from athletic had read the street. the yogurt maker raises earnings out like and dislike into the upside by about nine bucks this morning about 14% after the bout business that continues to post these games. shares of tailored brands soared more than 23% after hours. the company formerly known as men's warehouse gave an upbeat outlook for same-store sales. that's good news considering we heard from a lot of retailers for traffic. lauren: let's have some fun because the 2017th at 150 wap 30 for the new souped-up pickup truck. gary took it for a spin. reporter: we are deep in the california desert to get a first chance behind the wheel of the ford f. 150 raptor, high-tech and high-performance pickup truck like nothing else on the road. they developed in the last
couple years out here. you can drag to the deaths of 100 miles an hour with it. someone like me can get 80 without crashing it. i can confirm that. i was doing it yesterday. everything enough for a truck could possibly do. this is one of ford's strongest brands over the past few years. this new version is much better than the last generation. in fact, in fact, a new mark is set forth and doug set forth and doug scott is marketing amateur of four tracks that% exporting the united states china. how could you possibly do that? >> the demand was so strong are the first product. they recite raptors for over $250,000. it made sense as we were developing to have that in the plan to have an expert plan for china take advantage of the demand. >> overhear the list of 50,000.
already seen a few marked up to 100,000. but a couple months to get it close to list price. at 15 miles south of the u.s.-mexico border where the border patrol uses a bunch of the last generation one video be seen plenty of these there pretty soon. lauren: that is a beautiful car. we couldn't help but look at the beautiful california scenery behind him. nicole: definitely gorgeous, both. lebron james and the cleveland cavaliers destroy the new york knicks. we will have all the highlights for you. amy patton, not the army general. we will tell you by this golden doodle could become the next first pooch. ♪
lauren: take a look at the latest in sports that lebron james in europe for the first time since controversial comments referring to james' friends of his posse. kevin love with the full court asked. lebron showing off. he gives the past. drives me up a line. king james five i. next session showtime. runs at the core, mix a layup and scores 25 points.
los angeles now comedian chris rock and billy crystal watching the warriors and clippers face-off presented with his gold medal from the olympics. first-quarter loses the handle and south korea finds kevin durrant for the dunk. warriors ivanka. second-quarter griffin redeems himself. he comes in for the one-handed slam. steve boehner loves it. the kid had great hair. little to cheer about the rest of the way. warriors crusade to turn around and warriors 1115-98. another big sign in baseball. flame throwing reliever chatman going back to the new york yankees. he sent a five tiered $86 million contract with the team. he started l traded to chicago in hopes the cubs when their first world series in 108 years.
nicole: welcome back to new york. here's this for you dog lovers. the patton, a nine -week-old golden doodle, half golden, half poodle. you can see the offspring of the american military hero service. looks like he's about to become the next first out of the white house. his current owner is lois pope, a longtime friend of donald trump. she said she said trump a photo of the golden retriever poodle mix that daring, his son fell in love with him. the dog was named after world war ii general george patton and trump has praised this would've the greatest military leaders in american history. lauren: you're feeling warm and fuzzy after th story. get ready for this. part of care across the country. they opened the front door at their house to find the smallest now. let's take a closer look at your thursday forecast. senior meteorologist janice dean is here.
no snow in new york yet. >> at now. we might get a little bit this weekend. it's about time. i need to do my first official snow angel of the season. the current windchill is cold outside. the qantas airways also fire. what it feels like with the wind. minus 23 in denver. six in chicago. you get the picture in his thinking as far south as the gulf coast. we'll start to feel these temperatures into friday and the weekend. the windchill watches and warnings in place with wind chills versus minus 32 minus 40 degrees. quick look at the radar. showers and a little bit as a working into texas. upwards of three feet downwind of urea, ontario and michigan. next weather make across the west. this one could bring the energy of snow and rain across central u.s. and maybe into the northeast by the weekend.
stay tuned. lauren: janice dean, thank you said much. nicole: keep it right here on fox business. ♪ family road trip! fun! check engine. not fun! but, you've got hum. that's like driving with this guy. all you do is press this, and in plain english, "coolant", you'll know what's wrong. if you do need a mechanic, just press this. "thank you for calling hum." and if you really need help, help can find you, automatically, 24/7. because you put this, in here. hum by verizon. the technology designed to make your car smarter, safer and more connected.
nicole: all right, we thank you for watching fbn:am. lauren: we sure do. now we hand it over to mornings with maria and say good morning to you maria bartiromo. maria: happy thursday, everybody. thanks for being with us. i'm maria bartiromo. it's thursday december 8th. another huge day for the trump transition team from homeland security to epa. president announcing high-profile names that would take over the country's leadership. we will bring them to you. busy schedule for the next commander in chief. trump is plan to go stop in ohio today to meet victims tat tragic attack at ohio state university before continuing the thank you tour. >> people are excited that people are -- our