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Stocks going for their best week of this year led by discretionary utilities and health care and how about nike today. Investors are simply loving that news. Kevin, nike doesnt pay much of a dividend, but they are rocking today. Wonderful thing that happened. We were so concerned after macys and nordstrom blew up thinking its all over. Consumers dead. No low cost energy dividend. Where is it . Now we see the light, the green chutes. As you said, it depends where you are expecting the consumer to...

It is worth noting that the january wti contract expires today so you very likely will see higher prices for wti tomorrow. In the meantime gasoline prices dropping four cents over the last two weeks. The lundberg survey puts the nationwide average at 2. 06 a gallon. That is the lowest weve seen in over six years. With more on the oil story and whats happening with the markets in just a moment. But, first, a developing story outside the world of business. At least one person was killed, 26 others...

Holidays s p futures up by 5 and nasdaq up by 11. 5. Heres some of the stories were watching this morning. Economic data later today. 8 30 a. M. Eastern time weekly jobless game. And then at 10 consumer sentiment. Deer will post the latest Quarterly Results before the bell and a story of note for sports fans. Draft kings and fan duel have their day in court. Theyll square off against the new York Attorney general today at the state court in manhattan. The ruling will decide whether or not the co...

Impending homes later this hour. Black friday numbers are in. Cybermonday deals are in full swing. The u. N. Climate change conference kicks off today in paris. Well take you there live for the latest. Amazon with a sneak peek of new delivery drones and taking a shot at regulators saying theyre ready to deploy when they have the regulatory support they need. First up, indications are that the Holiday Shopping season is off to a tepid start. Americans spent about 12. 1 billion over thanksgiving a...

U. S. Treasury department has issued a new notice designed to limit the tax benefits of tax inversions. Those are corporate transactions which Companies Inside the United States rebrand themselves and rehead quarter outside the United States for tax purposes. Officials saying in a Conference Call they feel a need to protect the u. S. Tax base. They are now taking additional actions today in order to help do that. Here is what they say they are going to do. The meat of the proposal is limiting th...

Week of the year. Certainly big story of the day. The mega deal between pfizer and allergan, the largest ever in that industry. Now, what does it mean for one of the most widely held stocks around in the form of powerhouse that the deal creates . Our reporter has been right in the center of the reporting of the story, joins us now. Hi, meg. Standing outside their headquarters where today they announced the deal for 363 per allergan share. Being structured as allergan buying pfizer. But allergan ...

Percent. Then nasdaq fairing the least worst of the bunch. Almost flat. This is commodities take investors on a wild ride today. Dominik chu has all the details on what has been a volatile ride for crude, copper, and commodities. Its playing out elsewhere in the markets as well. The stock market will focus there to get things going. You can see health care, the only sector thats positive so far. The intraday chart, you can see ups and downs. Were off the lows, the worst levels today. Focus on th...

Americas most loved stock, apple. We say was because more analysts out today cutting their price targets as more questions remerge about growth and product pipeline. People are hating on am. The faenk stocks, facebook up 35. Netflix up 140. Google up 44. Apple, negative one. Why . Its much bigger. It doesnt have the same growth rate. I wont answer for apple. Ill just say from an investing perspective, people are chasing erjz growth this year into an increasingly narrowing group of stocks. What a...

President obama with putin of russia, trying to figure out how to make his strategy work. Resisting calls from those who say he needs to fundamentally change it. I stead, what the president said was, we have the right strategy, we have to stay at it. Heres the president. So there will be an intensification of the strategy that we put forward. But the strategy that we are putting forward is the strategy that ultimately is going to work. But as said from the start, its going to take time. And what...

Germany twoyear hits a record low yield. Adp good stateside, Oil Inventories this morning at 10 30. The market coming off a good week of rallies. The latest on yahoo . The board considering a sale of the core business meeting this morning. As for the fate of Marissa Mayer, thats not the core argument going on now. And Mark Zuckerbergs new baby and the pledge to give away 99 of facebook shares. Do want to get to yahoo this morning. Given the wall street journal story last night, above the fold, s...