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 tenyear 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 JamesonCleveland 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 thats 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 Americas Team and fighting for American Workers, americas economy and being appointment to china. Homeland security come into focus through the retired fourstar general tell fox that hes been offered the job. Kelly was once in charge of southern command. The attorney general listed of oklahomas 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 couldnt 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 musthave 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 alltime highs. Nobody have no such thing nicole ill 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 doesnt, maybe thats 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 wouldnt 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 were 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 shes 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 theyre eligible for bail. The countys 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 94by 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 lets take a look at whats 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 didnt 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 billiondollar deal and weather would improve competition reduced prices for the consumers 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 tmobile wants to free the phone number as part of a new feature called to feature called digits, tmobile 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. Tmobile effort is similar to website google, google voice, skype and paper. Tmobile 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 Trumps 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 theyll only pay threequarters of what it takes to replace it. What are you supposed to do . Drive threequarters of a car . Now if you had Liberty Mutual new car replacement™, youd get your whole car back. I guess they dont want you driving around on three wheels. Smart. With Liberty Mutual new car replacement™, well replace the full value of your car. Liberty stands with you™. Liberty mutual insurance. Wed do anything for kids. Yet 1 in 6 children in the us struggle with hunger. Help end childhood hunger near you. Learn how at feedingamerica. Org. Nicole good morning. 5 15 a. M. Here in new york. Donald trumps thank you tour takes him to ohio today. The president elect hamid eyeless republican republican governor Terry Branstad to be ambassador to china. Trumps 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. Thats 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. Lets 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 Trumps new hotel in the nations capitol presents a potential conflict of interest. Fox news at henry tells us why. Its not just Vice President elect mike pence using the glamorous Trump International hotel as a backdrop for major events to promote Donald Trumps brain. We truly do believe that our president elect has security mandate for leadership. While theres 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 wouldnt stay at this hotel blocks from the white house selected seven new president and of your new hotel. Isnt it rude to come to the city and say ive 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 hell officially trigger but the business to his children. Good government groups suggesting thats 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. Its 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, youve got hum. So you can set this. And if she drives like this, you can tell her to drive mo like this. Because youll get this. You can even set boundaries for so if she should be here, but instead goes here, here, or here. Youll know. So dont 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. Lauren welcome back your first about in the movies. Another Guggenheim Museum set to premiere excerpts of the revolution in steve jobs, an opera about the late apple executive. April 2017 guggenheim about will mark the first time in a person for the opera have been heard in public. 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 fullcourt 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 faceoff. 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 fourthquarter warriors has the turnaround jumper 11598. Flame throwing with april rob chapman is going back to the new york yankees and he signed a fiveyear 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 hes 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. Hes 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. Thats a pretty big deal. But skated thursday forecast. Fox meteorologist janice dean to break this down. We dont 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. Ill keep you posted. Lauren thanks, janice. Donald trump feels that his administration including mr. Ambassador to china, Iowa GovernorTerry Branstad. The governor of iowa is just a tremendous addition to Americas Team and for American Workers. Lauren the cheese of at t and time warner taking over their 85 billion merger plan. We will show you some of those highlights coming up. Stay with us. 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 oneday gain since the election. The dow with 300 points yesterday. Lets yesterday. Thats 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 c