rally at bay. a record high and earnings watch from nike, fedex. that might be a catalyst to get us offer the mark once and for all. >> absolutely, and bring me one of the hats since they're all over the floor. >> and the highest level in a week there's an expectation of a decline in crude stocks and oil doesn't seem to be at all phased by what we're seeing in europe, turkey and germany. they really aren't phased by it because there's an expectation at least for right now, if theres an ex ekscalation it coue bullish. turkey moves almost 3 million barrels a day through the turkish straits. if that situation gets worse it's bullish for oil from a risk standpoint. today, oil was focused on libya today. we saw prices up in part because libya was supposed to bring more oil onto the market last week. it didn't happen. there were a lot of tensions between different groups, gus what? they loaded a tanker of oil today and that brought oil down a little bit. but oil is still stunted, of course, by what president obama is going to do. he's going to put in some indefinite restrictions and drill

billion. nike, the world's leading sportswear manufacturer, has posted better—than—expected profits following a rebound in its basketball business. profits rose 7.3% to $842 million in the three months to november, while revenue jumped 6.4% to $8.18 billion. nike's basketball category and thejordan brand accounted for about 15% of nike's wholesale revenue in 2016. another executive has left twitter. adam messinger who is chief technology officer is leaving just weeks after its chief operating officer resigned. twitter‘s shares have lost 23% this year, leaving the company with a market value of $12.8 billion. a strike by airport baggage handlers and check—in staff in the uk planned for friday and christmas eve has been called off. more than 1,500 members of the unite union employed by swissport had been due to walk out for 48 hours in a row over pay and conditions. the strike was called off following talks at the conciliation service acas. swissport confirmed it had made a revised offer, which the union would recommend to its members. the chinese capital beijing has been blankete

the big opportunity for investors overseas? >>> just do it. and that's what nike did. the world's largest sportswear maker cited demand in the face of increased competition. >>> russian ring? did hackers trick advertisers and steal millions of dollars a day with bots and fake websites? those stories and much more tonight on "nightly business report" for tuesday, december 20th. >>> good evening, everybody. i'm sue herera. >> and i'm bill griffith in tonight again for tyler mathisen. good to be back. the blue chip average did it again today, spent the day in record territory and flirted with that 20,000 level. the dow industrial average arguably the world's most recognizable market index came within a few points of the magic number. early today, the market rally since the election has been powerful and broad. and has been driven by the expectation that the incoming administration is going to cut taxes, roll back regulations and spend heavily on infrastructure. and today the dow notched its 17th record close since the election. it rose another 91 points to 19,974. it's a record, as i

sports shops fear for their livelihoods, because big brand nike threatens to stop supplying them next year. it'll apparently help nike cut its own costs. these small business owners, they will go bust. if a feisty festive board game scrap is all too common in your house, monopoly has set up a telephone hotline to solve family disputes. and really, what's more important — to win mayfair or to play fair? that's in the metro.

. i want to get a couple of names like nike. what i like that it's based on fundamentals that earnings are going to get a boost as a result of rolling back regulations and corporate taxes coming down. black rock, latest report that i saw is estimating in their models that s&p 500 earnings will rise 26%. jpmorgan said it was 20%. that's pretty powerful. >> that's why the trump bump is not the slogan, it's a true sentiment that you now see across every sector from technology to health care to energy. they see the fact that the argument change of the country that for eight years has been regressive and hurts business and the regulatory that has done everything it can to stifle small business job growth. what we really need to understand, though, is a lot of these things from a government policy perspective can be done through reconciliation, now with the republicans in control of the senate and the house in coordination with the white house can get this past with 50 points in the senate. this is a very powerful opportunity to scale back, roll back all of these obstructionist policies for

small sports shops fear for their livelihoods, because big brand nike threatens to stop supplying them next year. it'll apparently help nike cut its own costs. these small business owners, they will go bust. if a feisty festive board game scrap is all too common in your house, monopoly has set up a telephone hotline to solve family disputes. and really, what's more important — to win mayfair or to play fair? that's in the metro. just don't purchase old kent road. you don't get anything fro tell on the road these days. —— anything for a hotel on old kent road these days. joining us isjustin urquhart stewart— he's the director of seven investment management. all you can do when you look at the news today, beat in switzerland, turkey or berlin is to remember the we have in common. we are humans, we need to get together and fight terrorism on all sides. we don't know if the events in berlin are a terror attack. obviously what has happened in europe as well. we need to remember that what we do stand for in terms of our civilisation and culture and fight these outrages, no matter wha

necessarily in that direction with the closing bell 48 minutes away, nike, the biggest drag on the dow 30. right there. cisco second worst, right now nike because cohn cut rating of the sportswear giant to market perform over worries nike can't do it with stiff competition with the likes of adidas and under armour which just signed to do all the uniforms for major league baseball. >>> and to netflix, extending the blood line, the online streaming giant investing $6 billion on more than a thousand hours of original programming for 2017. unlike nike, the competition is no threat to netflix, according to an upgrade from a sell to a hold and $10 increase on the price target. netflix up $5.11. to $124.34. up next, the floor show, and the man who warned the trump economy would be disastrous. he did it right here on fox business. you guys, boy, did we hear from you. you hated what he said! bill gross, let's bring him back, he's got new news on his position. is he standing pat, changing or doubling down? he joins us on "countdown". don't go away. generosity is its own form of power. you can ha

goldman sachs, another major winner all up over 30%. on the downside, nike, coca-cola, disney, these were misses. nike lost market share. coca-cola came under pressure. that was a laggard. down 3%. disney lost 1%. nike lost 18%. there were high hopes for dow 20,000. i wore this hat over and over again. dow almost 20,000. we'll still have that one but i got another 20 and that is the 2017 glasses that everybody gave out. at i want to wish everybody a very happy new year are. cheryl: not putting them on your actual face. >> fine, fine. i want you to party it up. melissa: we're cheering for you. happy new year, nicole. thank you so much. phil, let's go to you, cme, i don't know if you have a hat or glasses but figure for oil. 45% jump. what is next for you, sir? >> what a year comeback. i do have glasses but these are from 1776, different year, same glasses. anyway, no, to make a long story short. what a come back for oil. you remember a year ago how dooming and gloomy output for oil producers. people cutting back on $10 a barrel and five dollars a barrel oil? what a comeback this year.

. look at nike. that's going to go up a little bit and it's a dow stock, remember? it's getting a boost from its basketball business. this i don't understand, but adam, you're going to sort it out. >> they're saying at that basketball is back. they had revenue up 6.4%, 8.18 billion. profit 842 million, but they face more competition from adidias or adidias? >> i say adidias. >> and i'll say adidias and it was up tremendously and capturing market share against nike, but under amour just signed a big deal with the nfl. so nike is actually down year to date. the stock is down. stuart: and worst performer on the dow. >> they're not giving a key on where they're going. stuart: jeff curry is with under amour? >> i believe he is, steph curry. and jordan brand-- >> all right, nike is going to be up. >> at the opening bell. stuart: it's going up and that might help the dow. yes, we are on 20k watch. the opening bell minutes away. but we've got other stories for you, let's see we're only 25 points from 20k and we're watching this obviously very closely and got the graphic redd to go, check

accounts. nike, one of the world's top brands in sports wear apparel has reported better than expected quarterly earnings thanks to higher demand from western european, greater china and the emerging markets. revenues rising to $8 billion for the three months to november and that is a 6% jump months to november and that is a 6% jump when compared to the previous period. the malaysian rig get is making headlines this week falling to levels not seen since the 1998 asian financial crisis, although the strengthening us dollar has put in asian currencies under pressure, malaysia is particularly hard hit. i spoke to the asia pacific economist for ihs and i asked him what's behind the ringgit falling so steep. i think you need to look at the depreciation of the ringgit against the broader context the us is strengthening because of the fed hike that happened a few days ago and because of the expectation that the fed is going to tighten more in 2017. but is the ringgit's problems also the one scandal that has not left headlines agitating global investors 7 left headlines agitating global invest

different products that they sell, nike trying to turn itself around l . revenue was over a quarter billion dollars but nike down 19%. connell: adam shapiro with me at the new york stock exchange as we look at the markets further. microsoft and other laggards today, talking about that, and we'll also be talking about the travel. forget about a white christmas, how about blizzard conditions, having a hard time doing it thanks to mother nature. we have a weekend weather forecast that we put together for your holiday trip, and the icy relationship between president obama and the israeli prime minister benjamin netanyahu freezing up altogether over a controversial u.n. vote that came down this afternoon. the israelis turned to the president-elect donald trump for help while terror threats are growing in the holiday weekend is approaching. we'll look at it all. it's a busy day and it's all next on the "countdown". don't go away. your path to retirement may not always be clear. but at t. rowe price, we can help guide your retirement savings. so wherever your retirement journey takes you,

competition might kick the shoe company's stock. we'll talk about nike. >>> in politics, the president-elect donald trump may be in florida but the transition agenda is not cooling off by any means, now there is one economic heavyweight who was thought to be a done deal for the chairman of the council of economic advisers could now quickly be slipping away. as usual, charlie breaks it and does so next on "countdown." 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 more like this. because you'll get this. you can even set boundaries for so if she should be here, but instead goes here, here, or here. you'll know. so don't worry, mom. because you put this, in here. hum by verizon. the technology designed to make your car smarter, safer and more connected. put some smarts in your car. ways wins. especially in my business. with slow internet from the phone company, you can't keep up. you're stuck, watching spinning wheels and progress bars until someone else scoops your story. switch to comcast

competition for nike and under armour. cheryl: coming up, another record for stocks that yesterday. and the relic keep going? bill gross says yes. >> it depends on growth and earning in the repatriation of money from overseas at the last perhaps 200, $300 billion in the stock market next year. space-bar positives there, but certainly the bond side, even high-yield bond. nicole: we discussed when we come back. stay with us. 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 more like this. because you'll get this. you can even set boundaries for so if she should be here, but instead goes here, here, or here. you'll know. so don't worry, mom. because you put this, here. hum by verizon. the technology designed to make your car smarter, safer and more connected. put some smarts in your car. xerox personalized employee portals help companies make benefits simple and accessible... from anywhere. hula dancing? cliff jumping! xerox human resource services... ...soon to be conduent. which al

. nike will also release its latest quarterly results after the bell. the company struggling with growing competition. nike is now one of two dow components down for the year. we are going to hear from carnival this morning. the largest cruise operator to report higher quarterly about the new based in part to stronger sales of its more expensive ticket. nicole: lauren: the latest on the attack were tolbert added the driver a refugee from pakistan. straight to europe for a live report. also tracking a winter storm that could bring snow across the nation making it a white christmas for her son. she asked it will have your forecast. u.s. stock index futures come it is today dow hs 20,000 about a month after hitting 18,000? we will see. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ nicole: 5:45 a.m. in new york it the day it caught up. german chancellor angela merkel says the deadly crash in berlin appears to be a terror attack. did you report said the man believed to have driven the track came to germany as a refugee from pakistan in the past fe

the come numbers revival. before the open, car max beat the street. i think you can still chase nike and car max as long as they don't blow the conference call. i like mcdermott international. they trade a niewj volume on the cusp of a big technical breakout. tearer on the streets of germany. an assassination in curry. congressman darrell is a will join us next. charles: isis declaring the were slip truck attacker targeted -- was a crusader targeting christians. joining me to discuss, congressman darrell issa. thanks for taking the time out. yet another horrific attack on just days before christmas. you are initial assessment of what's happening there, and i had security experts tell me maybe there is some silver lining in the sense they are no longer using bombs and mashine guns but they are down to using cars trying to militarize vehicles. >> i think that those who would like to consider what looked to be unplanned or poorly planned or short-term planning of sloan wolf attacks are missing the point. this is a change. this an isis change recognizing a lack of commands and control is

market you but it didn't stop. we hit records. home depot up 3.2%. nike up 3.2%. ibm up 3%. american express up almost 3%. this will be the by the way the 12th record close for the dow since the election. 21st record close in 2016. some of the losers today, we can't ignore them, pharmaceuticals. johnson & johnson off 1.2%. america down 3/4 of a percent. eli lilly down almost a full president. that is because president-elect trump was quoted in "time" magazine, he was named "time" person. year. he thinks prices are too high. he promises to lower drug prices. back to you. melissa: thank you, adam. oil tumbling down more than 2%. we saw a surprise drop in weekly inventories that should have sent prices higher but they did not. how come? >> basically where we look at oil prices in cushing oklahoma, prices actually rose. there was a little bit of offsetting effect that the headline number was down but oklahoma was up. that offset the bullishness. the selloff today is concerns about this opec-non-opec accord. the word came out that both russia and oman are on board. they are going to adher

economy —— nike. but consumers will also need to change their habits if it is to pick up speed. people in the us have been ringing in the new year early by literally shredding all the negatives memories of 2016. it has been named good riddance day, now in its tenth year. people lined up in times square, armed with all their negativity, ready to make way for the positivity of the new year. catharina moh reports. the first smashing of the day. junk and clutter be gone. you can all relate to that. it is good riddance day in new york, which means getting rid of the negativity of 2016. how does that feel? that feels good! to make space for all the possibilities that 2017 might bring. crowds of people gathered in times square to ta ke people gathered in times square to take part. some made their grievances public. others preferring to toss their bad memories straight into the bin. good riddance to tiny sums on twitter. i want to shred the stress and the anger. this was, like, the last connection to make cancer. it takes a lot of courage to share that with us. thank you, eileen, right

? >> that's a great question. could be tomorrow if we get good earnings from nike after the close in a few minutes. nike is the worst dow stock this year. they'll be reporting results. if they're good, maybe it finally pushes us above 20,000. we have had a ferocious rally because of bank stocks. health care stocks, energy stocks. a lot of it having to do with trump winning the election and excitement about the possibility of less regulation in all those industries. that's one thing that i think is driving the market higher. and it's the proverbial santa claus rally as well. we usually do see a nice move at the end of the year. but this is more than your typical holiday rally. >> proverbial santa claus rally! it's also not just here. you wrote a piece today for cnn money about russia. russia's stock exchange also seeing big jumps since, what, especially the win of donald trump. talk to me about that in 60 seconds. >> it's really stunning. russian stocks have surged. a lot of it is due to what people refer to as the bromance potentially between donald trump and vladimir putin. also oil.

has to be something that's five pounds, what would it be? nike is one of the staff so much today. shares rallied 2% after the company's latest quarterly earnings that topped expectations. bed bath and beyond. looking for the retailers to pose higher earnings. investors may also get update on the company's new program called beyond us for $29 a year members get 20% off all the purchases in-store and online. they're also your firm micron technology after the trading day and spirit memory-chip make her to post improved results compared to last year. recently raised its outlook for fiscal 2017. today could be the day for dow 20,000. we are going to ask chief market analyst about that. let's check in on futures right now. unchanged for the nasdaq, dow futures at 12. turning to other, a brick finely from the bone chilling temperatures. christmas now could be in the forecast for parts of the nation. we will tell you more but janice dean. you are watching "fbn:am." ♪ nicole: 5:45 a.m. in new york at the skate caught up on what's happening now. germany on high alert today. police search

the only way to raise money. lauren: thanks, the three dow stocks negative this year, nike, coca-cola and disney. dagen: we got two of them off of the top of my head. virginia tech, we will tell what happened. winter storm hitting parts of the northeast, we will have forecast from janice dean, fox news meteorologist. coming up, you're watching fbn:am dagen: tennis star serena williams, highest-paid female athlete in the world is heading to the alter, williams opens tennis season in new zealand next week shares her news on rhetoric. now he's calling himself the happiest man on the planet. lauren: that's a good picture of him. dagen: indeed. congratulations. lauren: congratulations. let's take a look at the latest in sports, virginia tech pulling off the biggest comeback in 24-year history, 24 points, half time deficit to beat arkansas 35-24 last night. vt held arkansas scoreless in the second half. evans through for 243 yards, two touchdowns for the epic comeback. go to nba. a bad night for russell westbrook, he was ejected, you're out from last night's game against the grizzlies

headline downers if you will. nike off 1%. united technologies off 1%. ge also off. boeing down half a percent. many names are considered consumer second calls or economically sensitive. even though we saw gains there was probably a little bit of hesitation here in terms of getting to the key psychological dow 20,000 milestone everybody is so anxious to get to as well. on the other side we had airlines pretty strong today. jetblue up 2%. looking pier one import. they had a fantastic earnings call. fourth quarter earnings per share way above analyst estimates and also boosted estimates for this year. there are airlines. let's get you to the oracle numbers the looks like one penny beat in terms of earnings per share. revenue though was a little bit light. on your screen looks like shares are trading slightly lower in the extend session. oracle ceo was meeting with trump, going through the golden elevators today and this week. they are making some comments about that. we can pull you for those in detail basically saying she will stay with oracle. also you know the story with oracle in t

cancel the deal. shares are only down 1%. shares were down 1% around opening bell. talk about nike, because nike is the worst performer on dow jones industrial average. shares are off almost 3:00%. competition from companies like under armour and adidas are really taking over the sports shoemaker. keep an eye on that trend. look at chipotle. now the problem for chipotle is customer service. according to executives there, the fast casual mexican chain, company is spending he so much time on food safety, that e.coli scare a year ago, they're not cleaning up tables. back to neil. i found a better deal on prescriptions. we found lower co-pays... ...and a free wellness visit. new plan...same doctor. i'm happy. it's medicare open enrollment. have you compared plans yet? it's easy at medicare.gov. or you can call 1-800-medicare. medicare open enrollment. you'll never know unless you go. i did it. you can too. ♪ ♪ neil: all right. they're going to need their best -- tomorrow. at&t, time warner chiefs on capitol hill. time warner ceo jeff bewkes thinks the deal will be done by 2017, not

showing some strength. the consumer names that you know such as nike, home depot, disney, those are dow components. others include trip adviser and car max. take a look at some of the financials which really have been stellar here. goldman sachs, for example, we're seeing travelers also at an all-time high today, jpmorgan and american express. so we are seeing the fact that we are to the upside. so another possible record. yesterday we saw the dow, put me back on camera because here's the dow almost 20,000 hat. not just yet. neil: all right. well, it didn't work, the bid to get those electors to flip their preferences and maybe get 37 of them together to deny donald trump the presidency. it didn't work. now, of course, nothing is signed, sealed, delivered and done until january 6th when all of this is stamped and done in congress. but for now it looks very, very unlikely, and six weeks after he was duly elected president of the united states, it looks like, indeed, donald trump will be the next president of the united states. to the daily caller's -- [inaudible] and democratic strategis

with anheuser-busch. >> you like nike. they've had a difficult year. what do you like about it? >> it's the worst performing dow stock this year and, you know, they've had competition with adidas and under armour for sure. there have been some bankruptcies in some of the retailers that have affected them temporarily, but this is a really well-managed company with a huge spend in r&d and marketing. they outspend all of their competition and so the valuation has coming down to a market mogul. >> a couple of retail analysts and they, like you, love your third pick and that's t.j. max. why is it so hot? >> well, look, this is a retailer for all seasons. i say that figuratively and literally, fall, winter, spring, summer, but also for all parts of the business cycle whether we're in an expansion or whether we're in a recession, shoppers love t.j. max. they love the treasure hunt. it appeals to the dna of all shop e shoppers and they have great product. you really have to come there often. >> if you were just judging by the traffic, hank, you walk into those stores, you see so much t

camp, under amour. they beat out nike. we have the cubs owners and a yankees player here and a few others and the commissioner as well. a day of baseball and a day of under amour and it's under amour, the a-shares, uaa. stuart: got it. thanks very much, nicole. the ceo's of at&t and time warner are appearing before congress today, trying to sell their merger to the lawmakers. what's with this? >> they're going in front of a senate anti-trust panel trying to convince that the merger will not hurt consumers, it will create brand new innovations. they will have a tough time of it. the republican and center democrat both say this doesn't smell right and donald trump on the campaign does not like it, says there's too much power in the hands of too few. stuart: there's a selling job going on. ashley: exactly. stuart: here is a very important story. shell, they are going to develop a major oil field in iran. significant? >> it looks like three oil and gas fields. this lets iran say, yes, the nuclear deal was good. we can now leverage the nuclear deal. this is the second biggest oil deal b

their uniforms for saturday's big game. army wearing an all-black designed by nike featuring a patch honoring the 82nd airborne, they led the charge into normandy on d-day, navy uniforms designed by under armor a throwback to the uniforms day war in 1963. as we have been telling you president-elect trump will be at the game saturday. it will be a huge rally. we will be back. stuart: this will not have an effect on the stock market, the price of oil still holding at $50 a barrel. lulu lemon, remember them? they are going to move in "the opening bell," that soccer winner 20% up this morning. we will ll you why. the president-elect approval rating is rising. ashley: up to 50% viewed donald trump favorably. in august it was 33%. 51% of independents in the group like what he is doing, 16% are democrats. president obama viewed favorably by 56%. he is getting close to where the current president is so there you go. 37% of the nation believe we are headed in the right direction, the highest and four years so there you go. stuart: these numbers reflect the optimism being felt, a chan days, we

record unbelievable this year. see what drove the blue chip index today. nike up for 3%. visa and goldman sachs, fed officials, chicago fed president charles evans, said conditions are right for inflation. that means if you borrow money, people like goldman sachs will benefit earning more money. disney a gauger on the dow. wall street analyst threw out idea of disney separating espn. shares are up about one 1/2%. performance of under armour today, inking a deal with major league baseball to supply the uniforms, 10-year deal starting 2020. no dollar value put on this deal but, pretty good exposure you might say. back to you guys. connell: yeah, no doubt about it. lori, thank you. now oil today hitting its highest level since july of last year. then it lost some steam. phil, there is, talk of another opec meeting this weekend. what can we expect there? >> that is the big thing. looks like pressure just went up on that meeting because one of the reasons we sold off, connell, saudi arabia just cut their selling price of oil to asia. that means there is still competition for market share even

, nike and renault are already buying into the idea of a circular economy. but consumers will also need to change their habits if it is to pick up speed. sian lloyd, bbc news. that‘s all from us for now. the next news on bbc one is at 6 o‘clock. now we join the bbc‘s news teams where you are. goodbye. hello, a very good afternoon, you are watching bbc news. it is 12:53pm. internet connected devices we re 12:53pm. internet connected devices were at the top of many of our christmas lists this year and around the world more and more people are using smart tvs and connected watchers to make their lives easier. there could be over six billion connected things in use by the end of this year, but our technological friends don‘t come without risk. in our search for convenience we could be sacrificing our privacy, and opening ourselves up to hackers, as holly hamilton has been finding out. this suburban family home may look safe and secure, but inside there are intruders. that claim to make your life easier. but in reality, they could prove a threat. but it‘s not ghosts and ghouls

tomorrow on the state of the job market. nike reports earnings this week, and a 1993 medal from muhammad ali to nelson mandela sold this weekend for nearly $9,000. i'm elaine quijano, cbs news. ♪ ♪ ♪ ♪ ♪ the joy of creating, the joy of giving. pandora jewelry. hand-finished sterling silver. best buy makes the holidays easy by helping you pick the right device with verizon. why, if we made the holidays any easier, you could carve turkey with laser vision. holiday gifting made easy at best buy. (sfx: train whistle) hurry up, hurry up! ke♪p it moving! quick, quick! ♪ let's get wrapping! you remembered to take the sears tags off, right? no, because you did! no, because you did! >> pelley: a great city that once held more than two million people is on the edge of surrender after five years of siege and starvation. aleppo is the center of the rebellion against the syrian dictatorship of bashar al assad, and this past week assad and his russian ally intensified their air strikes against aleppo's dense neighborhoods. for civilians under this bombardment, the greatest fear is to be

well worth it. the founder of nike has written an extraordinary memoir, one of the best stories of entrepreneurship i've teacher read. well written but most strike ily, it's a deeply honest account of all the doubts, setbacks and tradeoffs on the way to business super success. the correct answer to our challenge question was c. president eisenhower traveled to taipei in june, 1960, where he met with the then president of taiwan officially the republic of china chang kai-shek. at the time of course, the united states did not have diplomatic relations with mainland china. the taiwanese haven't forgotten this presidential visit to the i land and last year pledged a $1 million donation towards an eisenhower memorial in washington, d.c. thanks to all of you for being part of my program this week. i will see you next week. . >>> i'm brian stelter. it's time for "reliable sources" our weekly look at the stories behind the stories, lou the media, would and how the news gets made. welcome to viewers here in the u.s. we have a packed show ahead for you this hour. with donald trump showing no

attack. have we not learned anything from that? we noted last nike, there's 110,000 refugees who are going to come into the country. is this a big çmistake? >> i think voters in europe are reacting to it already. i think voters in this country reacted to it as well. we've got to protect our innocent civilians nap is job one for the government. >> i want to get to this story before we run out of time. it's a very important story that we haven't heard reported anywhere. the u.n. tried to push through a vote halting israeli settlements. the obama administration is looking the other way on this and think thaer hoey're lookings through but crump said before you do that, we aggressively request a veto by the united states of that vote. >> the media wasn't covering it. you're right. but the threat has been out there for months and visible. in between the period of the election and the inauguration, barack obama would do something terribly damaging israel, perhaps a resolution recognizing a palestinian state, perhaps this one, something that would harm israel and prejudice the peace proces

investigate it. it turned out to be a knapsack filled with children's toys outside the nike town in trump tower. and donald trump himself was not in trump tower. he's currently in florida. >>> up next, what one of president obama's closest advisers asked him about his mental health. people spend less time lying awake with aches and pains with advil pm than with tylenol pm. advil pm combines the number one pain reliever with the number one sleep aid. gentle, non-habit forming advil pm. for a healing night's sleep. whfight back fastts, with tums smoothies. it starts dissolving the instant it touches your tongue. and neutralizes stomach acid at the source. ♪ tum -tum -tum -tum smoothies! only from tums >>> interviewing someone you know with is difficult. it's a bit fake. you're asking questions you know the answers to, but it also might give you access to parts of the heart and mind of the person you're interviewing that other interviewers may not find. that's what happened with david axelrod. he has worked with them up close and looked deep into their eyes and in most of them saw at least

stocks negative this year. coca-cola and nike. look at the dow to play catch-up. they may be a big opportunity here in 2017. >> allen, you are so common back again and again and again. thank you. you really are a fun guy and your historical perspective uncannily brilliant. allen at the cma. i wanted to three from former virginia governor on this debate over the tax reform and maybe it doesn't pan out. i'm not trying to be a wet blanket as you know, you and i have gotten into this before. when i hear mitch mcconnell say once these tax cuts to be revenue neutral, which assigned from an accounting is. i appreciate his concern. i do find it remarkable democrats are now suddenly very conservative. having said that, do you think i could take over by the tax cuts that if everything had to be revenue neutral, by definition that doesn't mean you're going to get big tax cuts and let that worry you? >> i think what we need to do is jumpstart our economy and get our country much more competitive as far as corporate or business taxes, they should also apply to individuals because a lot of manuf

, chevron and exxon a. three names of the dow 30 had down arrow. nike lost market share to adidas and reebok. disney despite a great "star wars" launch, it was still a miss. it dropped about 1%. we certainly have jitters in the market. i just went through the outflows and inflows. we saw outflows of equities and everybody is running in, recorded net $3.4 billion inflow into the bonds, into bonds funds. so there is nervousness here at the end of the year, but we have 2017 to look forward to. connell: hang with us, nicole for a moment. i want to bring mark and nicole into the conversation. i don't make herbert hoover reference to think we'll have the crash of 29 here, but what happened after the trump bump as nicole called it? it has been quite a run from the election to the end of the year. where do we to? >> i believe in 2017 we'll see positive growth, maybe even 10% by the end of the year. you have to remember trump says he is going to drain the swamp. as i said last week when he starts draining that swamp it will probably stink a little. if you look at charts and graphs, and tec

stocks that are lower for 2016. nike coca-cola and disney i will say in jpmorgan note this morning they talk about the idea of trump, ryeon putting ideas to gop platform bus they really underpin sentiment and that gives a boost. but the realize of those great ideas from corporate to loring taxes and infrastructure, there is some worry in the new year whether or not that could actually m come to fruition so in that jpmorgan note they said it could be a major equity risk during ohming months of 2017 so -- i hope question get -- i hope we get 20,000 and not never see it. that's a double negative but you know what i mean. >> thank you very much. >> we have the hat. you don't make hats you don't use them. we're going to get you there. don't you worry. environment administration looking to extend policy on israel. israel prime minister netanyahu is not a happy man. more varney, next. ♪ >> the obama administration about to defend its decision to on stain from the united nations security counsel vote on israel settlements congressman calls it vein dig vindictive. here's what we said next

. maria: saturday is the 117th game. it's going to feature uniforms made by nike and under armour. lou, what do you make of donald trump attending the game? >> everybody should go to one game. having been in the army i'm tired of losing 13 years to the naval academy. i've been up to west point. but the one thing that i was impressed with, you realize that according to the west point, a west point graduate is a greater command than a harvard graduate. that tells you volume about it. these people -- football won't be the greatest in the world, however, the young men are -- i was at notre dame. i have nothing but the greatest respect for the people on that field and that represents the best of this country. maria: you're a military man's wife. tell us about how you're seeing this. so many military people in trump's administration now. >> no, i think it's brilliant because there's one thing to have theory about war and there's another thing when you have actually fought it. when you look at nominations like mattis, these aren't people that this could be, no, this is the threat and wha

. close to 19,900 at the moment. let's see what is driving the dow. nike, ibm, apple. air buds, the wireless ear buds, delay is over but they're still not going to get to you before christmas, december 29th. oh, what a disappointment. also food stocks today having a pretty good day. dean foods, mondelez. so you have got some gains there with dean foods up more than 3%. jetblue biggest intraday percentage gain. want to show you that one as well. get you back now to "varney & company." ♪ stuart: hey, we're going up again. we're 83 points higher now, 19,879. we're is 119 points from 20-k. please look at this. microsoft reaching $63.22 a share. ♪ i do own a small amount. okay. >>> a professor at a california college caught on tape calling trump's election win, an act of terrorism. listen to this. >> the vice president is one of the most anti-gay humans in this country. and so, we are in for a difficult time you but again, i think that we can get past that. our nation is divided. we have been assaulted. it is an act of terrorism. one of the most frightening things for me and most peo

will back, verizon and american express gaining and nicely to the downside, cutting nike to neutral with market share to adidas and under armor. toll brothers sprucing the building segment, kb homes and lynn are doing well as toll brothers did well with double-digit revenue growth and the retailers, auto zone was a winner and michael's, craft and home to core stores and came under pressure starting at 5 am on foxbusiness. stuart: boeing has released a statement on the air force one program that donald trump once canceled because it is very expensive. adam: we are under contract for $170 million to determine the capabilities of these complex military aircraft that serve unique requirements to the president of the united states, look forward to working with u.s. air force on subsequent phases of the program allowing us to deliver the best planes, sound as if we are talking washington post story about $125 billion over five years, could sound like it may be a $4 billion price tag on this program is part of that. stuart: a warning shot from trump across the bows of boeing, don't charge

along with johnson & johnson. on the downside, nike and american express. extending parental leave to, i kid you not, 20 weeks for moms and dads. the story with oil today, you've got an opec agreement to cut production, and that's giving a boost to major oil producers. conocophillips up 3%. time to get you back now to "varney & company." stuart: well, i've been looking at voting patterns, and i've seen a big shift. the elites, yes, the upper class now vote democrat. the richest city, san francisco, went to hillary 85-9. manhattan, new york city, 87-10. and hillary won 15 of the 25 richest counties in the country. fascinating, isn't it? 43 years ago all you heard about was country club republicans. the right got the votes of the wealthy. here i am back in reality. that was my take at the top of the hour, last hour, i should say. new voting patterns. the elite, the wealthiest people in the country, they vote democrat, okay? that's what we've found. hillary clinton got the votes of the elite. look who's here, janine turner, actress and radio host. janine, welcome back. great to see yo

you use apple you can share on social media, or -- do that -- >> don't do that! >> i don't. >> nike running band used to do that on twitter -- people say i just ran 5 miles -- i don't care. >> just -- [laughter] >> exactly. >> even in gym class -- tying my shoes untie then would be able to -- >> did on purpose -- like i loved sitting down. >> number one, especially because go to commercial break. >> all right. well -- coming up a message wire carriers new plan to bring 5,000 jobs to u.s. >> president-elect trump meets health care officials, antibody care overhaul may not be so clear cut. ♪ ♪ your insurance company won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the wrong insurance company. with liberty mutual new car replacement™, you won't have to worry out replacing yourar because you'll get the full value back including depreciation. make the switch and find out why 96% of our customers are satisfied with liberty mutual. call for a free quote today. liberty stands with you™. liberty mutual insurance. >>>

daughter buys everything overseas. does that mean 35% on nike shoes. i favor cutting the corporate tax and cutting regulation, the infrastructure stuff that he's talk about. this doesn't make it easier to get that done. this makes it much more difficult. maria: dagen. dagen: what's interesting what peter navarro, one of trump advisers has been on the program and he pushed for cabinet-level visits to taiwan and kind of the u.s. bowing in the wall street journal editorial page so it's not out of the realm that this was intentional. it's hilarious every time trump breaks with protocol. that's what his campaign was about. what he says on twitter, i'm kind of -- >> this is not an inconsequential change in policy. well, this -- i'm going to change the color of the carpeting in the white house. this is a significant change in foreign policy. maria: is it a change or is it just a phone call? >> that's a good question. i don't know what the twitter messages -- maria: just telling china, putting pressure in china? >> does it put pressure on china? i don't know. if you want to change policy and put p

record close once again. here's a look at some of the dow winners. nike got positive comments and a buy rating from hsbc, also goldman sachs and a lot of the market jumping on comments from chicago fed president charles evans talking about inflation targets, they could be back to 2% for the fed, and microsoft among the other leaders. under armour, well, this is a big one. made a first major sports deal, ten-year deal, major league baseball. they've already had four different players, but now they've gotten the deal for the uniforms, and they have bryce harper, for example. watching oil which has surged to highs we haven't seen in 17 months, and the natural gas average, $2.18. stuart: all change at trump tower, radically different than president-elects in their selection of a campaign -- cabinet, i should say. house minority leader nancy pelosi, she said this: >> well, i don't think that people want a new direction. our values unify us, and our values are about supporting america's working families. that is one that everyone is in agreement on. what we want is a better connection of our

, talking about the banks. nike has been a major underperforming, if they're able to turn things around. if the event we don't break through 20 today. we could-- >> isn't it true, sorry about that, that bear markets are created by recession. what would create a recession here? you were talking about growth pushing forward. we're out of a revenue recession, we were out of a revenue recession and that's no longer the case. >> there's no recession out there, looking for growth. the market, the rally in the last six weeks, i think the markets pricing that in already and when we get ahead of ourselves. stuart: hold on a second, a new face is going to appear on your screens as we head towards 20,000, we think we are. he runs boxed. che is an exceptionally wealthy young man he founded this juggernaut and is doing well. i want you to comment not on the stock market, but on the growth that you see. i know you're expanding your facilities and you must be doing that because you see growth in the future. >> stuart, you know i've been a viewer for many years and a guest for many years. stuart: yes.

, conquer," en touto nike. and he interpreted this dream to mean that, by this symbol of the cross, he could defeat his... his archenemy at the battle of the milvian bridge and become sole emperor. and so he had his-- so the story goes-- he had his soldiers paint the cross on their shields. constantine won the battle of the milvian bridge, became the sole emperor of the roman empire, and then, in a dramatic shift of geopolitics, relocates the center of roman rule from the eternal city, rome, to a new city, constantinople. >> narrator: to reunite a divided empire, constantine moved the capital from rome to a more strategic location, the ancient city of byzantium, and renamed it constantinople. >> an important part of what was going on here was jockeying at the imperial administration. clearly, by the end of the third century, christianity was a major force to be reckoned with throughout the empire, and something that had to either be suppressed or had to be integrated. galerius, constantine's rival, who was one of the major instigators of the persecution, favored the option of suppressi

bodes well for energy stocks, a big part of the market. nike, which is a dow component, released earnings yesterday after the bell. came in a little bit better than expected. a bullish upbeat conference call from the executives. if we see niko surging that could be the ticket for dow 20,000. here's a stat for you. since the election, 17 record finishes for the dow jones industrial average. >> my gosh. >> the historical stat, the financial crisis low for this index, joe, 6,547. that was hit back in march of 2009. what a journey it's been. this story out of silicon valley, a senior employee, someone who's been with the company since 1993 by the name of george paulisner has publicly announced he is resigning because of oracle's support for donald trump. she is joining the transition team. he published his letter of resignation on linked-in saying, quote, i am not with president-elect trump, i am not here to help him in any way. in fact, when his policies border on unconstitutional, the criminally and morally unjust, i am here to oppose him in every possible and legal way. quitting p

turned out to be a knapsack filled with children's toys outside the nike town in trump tower. and donald trump himself was not in trump tower. he's currently in florida. >>> up next, what one of president obama's closest advisers asked him about his mental health. >>> interviewing someone you know with is difficult. it's a bit fake. you're asking questions you know the answers to, but it also might give you access to parts of the heart and mind of the person you're interviewing that other interviewers may not find. that's what happened with david axelrod. he has worked with them up close and looked deep into their eyes and in most of them saw at least a touch of insanity. that's what made him ask his friend barack obama why he's not nuts. that's the way david axelrod actually put it. he said to the president, i want to know why you're not nuts. david axelrod uses stronger language thank i do for the same phenomenon. i looked in the eyes of politicians hoping to see a real person there and almost never did. i didn't think they were insane, that's david axelrod's word for it. i thou