the ftse for the year up over 13%. in the fx market, a fascinating story with euro-dollar, bureau of 6/10 of 1%. , bothght, asian trading currency spiking 1.6%, calling it a flash rally on bloomberg daybreak. oil goes nowhere. david: spy vs. spy. president obama expels 35 russian diplomats for spying on the election. russia kicks out u.s. diplomats and president-elect trump says it is much ado about nothing. that he will listen to u.s. intelligence. insing out a momentous year the market, the euro surges overnight against the dollar taking the swiss franc and the japanese yen it but then the euro reverses, was it a fast thinker or loose algorithm? with the european central bank, they explain why it does not need to inject all inthe 8.8 billion euros monte dei paschi that the stress test indicated, it's a 6.6 billion should be enough but do the numbers add up? >> moscow responding to washington, our political international affairs reporter joins us from moscow, expelling these diplomats, does that have any bite? >> this

how the next year will shape up. nd other emerging markets, the chief markets economist joined bloomberg surveillance this morning and discussed we will see another taper tantrum like it in 2013. painful ises it so it seems to come out of nowhere. the ideare focused on that this is easy my that lasted forever. purchase would be tapered, we had this reaction in emerging markets. i think investors are tuned to the idea that borrower costs are going up. external of all that vulnerabilities has come a long way since 2013, an awful lot since 1990 and 2001 we had a string of these. economies,f emerging i would put her get top of the list. india, 20, that has come a long way. most of their challenges are domestic. up thisl go in and pull trade pierces 2014 when sanctions were imposed after the crimea situation, the rueful got .- the ruble got hurt we starting to see it come back down again. no reaction to the idea of additional u.s. sanctions. have the russians whether the storm? >> i think they are weathering the storm. whe

they are looking forward to the new year. yers have lost five of their last six games and once again, they are winless since their christmas break. in the only are the flyers going down in san jose last night but so did goalie steve mason. he left with the left hand injury. mason practiced in anaheim. he said he wanted to see how he feels tomorrow morning before deciding whether or not he can go tomorrow against the ducks. >>> well, 2016 go down as the turning point for the sixers? they drafted ben simmons number one overall and their other big story the big guy joel embiid, finally playing dominating as a rookie. embiid flying around, again last night in denver. watch out. he led sixers to their eighth win and finally held on to a fourth quarter lead and embiid averaging 25 points in the last three games. embiid and innings isers are off now until tuesday against minnesota and hopefully as they go in the new year they will get simmons back and embiid and these guys can figure this out and big guy can figure out how to play to

security assignment in the world. >> new year. new time. new time to live life. >> you don't need to look at the calendar to know that it is the eve of new year's eve. new yorkers can tell by the flood of tourists that walk slower than the rest of us while we get ready to party. but it is no time for complacency. >> few times during the year. 4th of july. new year's eve. the tree lighting. this is when everyone has to be on their toes. >> much of the security is routine, this year police brass learned from the terror truck attacks across the atlantic. heavy sanitation trucks to form barriers. >> even though there is a heavy police presence, i do not feel like i am in a police state. >> metal barricades are going up. tomorrow police will use them to create a grid of so-called binnings. there will be cops in plain clothes trained to spot unusual behavior. the mayor says every reveller should keep their eyes peeled for danger. >> if you think something is happening that makes you worried, go and tell an officer. >> the first new year'

middlesex, winners, and one of the tightest finishes in years. bout getting across the line first. 33/1 shot rule the world lived up to his name, winning the grand national. on—board was teenager, david mullings, proving that even on his 169 running, this great rate is still a couple of fairy tales. there are others for whom crossing that line first is now afamiliar whom crossing that line first is now a familiarfeeling. whom crossing that line first is now a familiar feeling. a third to de france title for chris froome, it feels amazing, i mean, it really could be the first one all over it is just such a special, it isa over it is just such a special, it is a combination of months of hard work, of almighty made, all the support of the team, and what it symbolises, standing in this final podium, on the shamsul user here in paris, it isjust,... it is monumental, such an amazing feeling. but being the first to cross the line is not always everything. getting to the finish can be a triumph also. 2016 was the year of the 1,000,000th finisher of the lo

whereas record of the year is the actual recording. of thinking might be that they honor "hello" by adele for sofnght year. because it's more of like a song-song. there's more of a kind of underlying composition. you could cover it in a lot of different ways. you could do, you know, an acoustic version or rock version. whereas formation is a honored record and it's absolutely fantastic. it's one of those honored records where the composition is so deeply embedded in the production. it's more of a record of the year type song, whereas "hello" is more song of the year type song. so i wouldn't be surprised if they end up splitting it that way. >> rose: kenneth lanar began's film is a homecoming tale. it stars casey affleck forced to return to his home town becoming the legal guardian of his teenaged nephew. it is called "manchester by the sea." >> i like the tremendous effort the characters are making to do the right thing by each other, even though they're carrying this emotional burden around. casey's character is so stricken by what's

happy new year. the dow, nasdaq and s & p all with nice gains for the year. the dow industrials was the later former after donald trump's big victory. all three hitting new highs. the dow teased us but never quite got to the 20,000 mark. gary: what will -- so what will 2017 bring in. rob, if you just brought the s & p 500, you got your 10% rate of return on stocks. what should the long-term investors go into next year reflect on? >> don't panic. we started with a massive sell-off, and mixed data at the end of the summer caused another sell-off, albeit shorter. brexit as well caused a sell-off. i think the idea of focusing on fundamentals, looking beyond the immediate market noise and media noise, investors would have done well by doing that. the second thing i would say is don't confuse the base case with a done deal. brexit markets priced in a stay. it surprised everybody. then the trump election. in each case, again not focusing on the noise, focusing on fundamentals made sense. the final thing i would say is don't underestimate the central banks. there has

. >> the closure comes amid the busiest time of the year for fitness studios, the new year's resolution rush begins next week. >> i try to stick to it. i get really lazy. >> over at plume fitness, pilates is on the menu and they are expecting new clients for 2017. >> get ready to sweat, have a great time and ready to make a big change. >> christina has this advice. >> the most important thing in 2017, i think, is to stay inspired in your workouts. there are so many opportunities to work out in philadelphia. people need to jump around and start exploring the city. >> the lithe method said they put in a new settlement offer and hope to have the gym open sometime in the new year but might have to be under a different name. >> turning to the weather now, a few spots in the area you might have seen the snowflakes today. hard to see those flurries flying. live look now from our camera. no snow here. just clouds. pretty cold, too. last friday night 2016 will be a chilly one. >> yeah. here is your first alert neighborhood forecast. >> we still have snow flurries around. they are moving pretty q

stocks are on track for the best year since 2013 and the russian ruble on track for the strongest yeare u.s. dollar. we will take a look at the biggest stock and currency movers. donald trump has a tough choice after president obama imposed sanctions on russia for hacking emails related to the u.s. election. will he rivers course or jeopardize his -- will he reversed course or jeopardize his relationship with vladimir putin? we are halfway into the trading day. us.ail doolittle joins do not be too distracted by the wine. abigail: we have the dow, s&p 500an

to ring in the new year. reporting live from penn's landing, andrea cline-thomas, nbc 10. >> let's go to erika martin for the fireworks forecast. >> we have a dry for the most part forecast. i want to show you satellite and radar image. picking up on clouds moving in from the southwest to the northeast. crystal did mention it this morning. we're seeing some greens on the screen. it's not going to be a completely dry night. however, it's going to be a mainly dry night. in other words some showers moving through, conditions of course will be nice and mild. i'll have more information coming up in just a bit. back to you. >>> now time for the sugar house new year's eve fireworks on the waterfront. taking place just off penn's landing. the perfect view here at the blue cross river rink. sit back and enjoy the show. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ it ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ center ♪ ♪ ♪ >>> we hope you enjoyed this show. if you want more fireworks, a whole new sh

the world a better place. as part of our ten-year celebratio we're honoring their commitment and courage to change the world. their stories of compassion and perseverance embody the best of humanity. these heros saw a need and stepped up. they've changed lives. they've saved lives. each year at our annual cnn heros, all-star tribute, we honor ten amazing individuals and reveal who viewers chose to be the cnn hero of the year. tonight, we catch up with five of our cnn heros of the year to see where they are now, how much their work has grown, how much their lives have changed since being named cnn hero of the year. from new orleans, community crusader, liz mccarney. efren penaflorida in the philippines. robin lim. push pushpa basnet. and chad pregracke. starting tonight, right now, in fact, we want you to choose which of tonight's five past cnn heros of the year will be named the cnn superhero this sunday night. voting is open. cnn heros.com and continues all weekend and into sunday night's all-star tribute. watch tonight to learn all

this mannequin crap wasn't even the dumbest challenge of the year. no, that award goes to the backpack challenge. kids walking down hallways having backpacks thrown at their heads? that's not a challenge. that's high school, all right. yeah, it happened to me every day. i didn't trend once. ( laughter ) and finally, the viral internet phenomenon that is the water bottle challenge. >> aaaarrrgghhhh! >> that last video was from a high school talent show. ( laughter ) i know. look at the reaction. every dance troupe there must have been like what the (bleep). i've been training fair year. by the way, you know where that talent show did not take place? flint, michigan. exactly. yeah. because reet now, flent is, like, hey, how about flipping some of those bottles this way. because here every day is a water bottle challenge you flipping (bleep). ( cheers and applause ) no! in fact, in fact, from now on, there is only one person who is allowed to do any challenge xi don't know his name, but he's from brazil. ( laughter ) yeah. that's right. ( applause ) see,

ended the year about flat. ith the big comeback in the second heart on the back of that weaker yen. shanghai comp was an yuntd p underperformer. >> you say hong kong ending flat for the year, the nikkei also ending flat for the year, but their performances polar opposites. the nikkei surging, the hong kong market has fallen 6.5% in the fourth quarter because of the stronger dollar. that highlights the dichotomy as we look around the world of whether the stronger dollar, weaker local currencies will be a good thing or bad thing. emerging markets, those with peg currencies like hong kong suffering in the fourth quarter. >> big question, this time last year we were talking about the dimmed outlook for emerging markets. the fed, remember, last december made its first interest rate hike in nearly a decade that led to a strong dollar. weak chinese currencies. outflows from emerging markets, but also happening at a time when the price of oil was collapsing, and when global growth was not that strong. now there's renewe

the great timing for new years eve. great plans, fire works, mummers parade, weather will work out perfect. we are cold this morning. we will go up to the lehigh valley and live look at main street from the hotel bethlehem, all is good, quiet conditions this morning. we have a breeze. temperatures in the 20's, we have some sunshine to start off the day, and then some clouds will thicken up but maybe get the a sprinkle will or a snow shower far northern lehigh valley and poconos but not amounting to anything n big deal. that will happen later in the afternoon fit does at all. look at the temperatures to south jersey, delaware, pretty chilly 256789 in millville. one of the colder spots, inland. twenty-seven, millville. dover delaware checking in at 28. sitting at freezing at the airport here in philadelphia mid 20's in chalfont. twenty-seven in malvern and then similar numbers to the far northern suburbs quakertown, doylestown up 20's , 22 in mount pocono. good conditions there to crank out some snow on the guns g skiing c

here's the new year's eve forecast. s peak in the mid 40s in philadelphia. 41 by 6:00 for the first fireworks show. by midnight, kind of cold. 38 degrees for the temperature and clouds hanging in the area. temperatures in neighborhoods in the upper 30s and low 40s. by 6:00, all in the 30s. the parade monday, the temperatures will be mid to upper 40s for first day of the new year. >>> always important, do not shoot the mess e mess owneeveme. >> you and dylan both. >>> just ahead, good news for anybody still looking for a new year's kiss. the biggest dating day of the year ahead. >>> and plus if you are looking for deals instead of dates, we have everything you need to know about the year-end sales right now and which are worth shelling out for right now? out for right now? but first these me well this here's a load-bearing wall. we'll go ahead and rip that out. that'll cause a lot of problems. hmm. totally unnecessary and it triples the budget. we'll be totally behind schedule, right? (laughschedules. schedules. great, ok

his turn and office ends at the end of the year. he said he had tried to give a voice to the voiceless during his decade in the job. he leaves in the shadow of criticism for failing to be visible enough and for presiding over united nations in decline. it has been the last day of trading today. here is the latest market news. >> stock markets in some locations around the world are still trading. with just a few hours to go, let's have a look at how some of the most important markets performed for the year. the blue-chip short tempered covered and will remain strong for the rest of the year. the puts in london hovered around 6000 points for the entire first half of the year. surprisingly for many, a rally getting almost 14% and 7142. in tokyo, they started at 91 thousand points. the call -- they lost a quarter of their value over the summer. as for the dots in frankfurt, it had its shares of problems. and the never ending dieselgate story at volkswagen. the index is up 6.5% for the year. ending trading at 11,481. wasn't a good year fo

if we look quickly at the u.s. ten-yearreasury note, we did see a little bit of a slippage yesterday, at 2.55 at the moment. so still some way from those highs of 2.64% in terms of yields that we saw two weeks ago. significant moves. >> we'll talk about the markets. the resilience and strength is amazing. we have data out of asia to report. in japan, industrial output rising 1.5% in november from the previous month. that was roughly in line with expectations. retail sales also increased in november. inventory fell for a third straight month. in china, reported strong performance in the fourth quarter according to the china beige book survey of 3300 firms helped by hiring and an increase in profits. manufacturing sector also improved from the third quarter with more than half the country seeing revenue gains. inventories rose at a record pace. >>> to europe, a fresh read on business confidence. economic growth in italy rebounding slightly but not expected to rise above 1% this year. overall sentiment among manufacturers and

it's down about 2% for the year. ys in the mutual fund business would cut their left arm off for 2% decline this year. they are seeing active management is seeing massive declines in multiples of what we are saying in the hedge fund space. in reality, the investors are getting the joke better than many of the critics. jonathan: let's talk about what might get better next year. we talk about the transfer or focus from fiscal policy away from monetary policy. is that good news for these guys? mr. savodelli: you have this series that's going to differentiate good stocks from bad stocks in the equity long health care is in play, 16% of the u.s. economy. is monetary policy going to offset fiscal? give these questions right, get the immigration question right, yet any number of questions that are facing trump, and no one knows what he is going to do. get those right and you will have a next regular year. get him roman numeral hurt. jonathan: is that your sense? katia: it could be a turnaround year. we will have dispersion i

the u.s. dollar year to date. he expectation around brazil and the impeachment of dilma rousseff boosted the currency. the story has changed toward the latter part of this year with dollar strength being a dominant theme for all investors globally, not just those in latin america. >> when we are looking at markets, we are seeing a very different story from when we are looking at the politics on the ground. the large part of that is because the markets are expecting the brazil y to start growing again in 2017. investors have cashed in on cheap assets and have taken advantage of the opportunities that the recession and high levels of political volatility created on the ground. , head ofimena blanco latin america verisk maplecroft, thank you. no rooster booster for china as currency fears loom in the year ahead. we talk about what the year ahead holds for china, next. this is bloomberg. ♪ anna: welcome back. this is "bloomberg daybreak." x futures remain completely unchanged at the start of the trading day. low volume

doors to begin the year. we have a brief video that we'll see, of the pope in rome. i would like to play that now, we'll discuss. [ pope speaking ] >> so the pope says, we're seeking an encounter with god because he seeks encounter with us and this will be a year in which we grow ever more convinced of god's mercy. and these holy doors through which we all walked are rare event, you said. something you might only see two or three times in your life. when we come back in our next segment, we'll discuss the door des of mercy and what they mean and the metaphorical doors of entries and pathways in our faith and scripture with the archbishop. >>> hello and welcome back with archbishop. we've seen the holy doors that welcome people in all during this past year. the theme of which is mercy. a year of mercy. now, archbishop, all of us, i think, are familiar with mercy and would like to have more of it. mercy sounds pretty good. i'd like some, we would like to give some. you have written about the relations between me

from me and the rest of the new year's eve team in the newsroom, a very happy new year. me to cross to the bbc sport centre now for sportsday. hello and welcome to sportsday. the headlines this evening. a premier league record, 13 wins in a row. it's unlucky for stoke as chelsea go nine points clear. 15 in a row for celtic. the old firm victory puts them firmly in control of the spl. and the chiefs end 2016 with a stunning comeback. two tries in the last nine minutes put exeter third in rugby union's premiership. there are seven matches in the premier league today, and chelsea have set a record. they have matched arsenal's record of 13 wins in a row in the same premier league season. they extended their lead at the top of the table with a 11—2 win at home to stoke. it was 2—2 with 25 minutes left to play, but a second from willian and and a late diego costa goal made sure of the record. if they beat tottenham next week they will match arsenal's all—time record 01:14 straight wins set across two seasons. chelsea are currently nine points clear of liverpool, who are playing

in the philippines, a push cart, a cart on wheels. seven year we met efren penaflorida, his non-profit had been pushing four of these carts for more than a decades, stocked with school supplies. volunteers brought the classroom to kids who were forced to drop out of school in the philippines. he was a teenager when he started the project in the slums to combat gangs and the bullies who threatened him at school. he hoped to engage kids through learning instead of violence. >> in 2009, when the cnn heros met me and the volunteers pushing the carts, people were laughing at us. they would discourage us. they'd say it's a waste of time. >> the cnn hero of the year is efren penaflorida. >> but after cnn heros featured us, it changed everything. >> you are the change that you dream, as i am the change that i dream. and collectively, we are the change that this world needs to be. >> efren says the heros recognition came at a time he needed support more than ever. >> after we were featured, people were like, you're doing a good job. it changed everything

the first week, the first day of the year, tuesday, usually one of the most volatile days of the yearcould see a several hundred point move in the dow. now that i said that, the question is which direction. the last couple years it's been down, but there's been other years where it's been up. i joke to you off camera, you could see dow 20,000 -- 21,000 two weeks from each other. dow 20,000 and 19,000 within two weeks. that's what to expect within the first couple weeks of the new year. >> you know, being kind of a contrarian at heart, i think many do believe there's a repeat of january. they don't believe in the current 1,600 point rally although it's a bit less now. if we don't see something diabolic in the markets in the first couple weeks in january, could that end up being a real catalyst for more of a surprise move to the upside in stock sns. >> i think so. i think a lot of people remember the last three januarys, especially last year. we came out of the gates and just went straight down. and there's a little bit of a fear that that's going to happen, especially after yesterday's

the space. it's been quite a year. ary 1, that's what the new data comes out of macau on the gaming intake. we are expecting roughly a 9% increase year on year. another group of socks we are watching, ipo's in china trading. we have to on the mainland. one in hong kong. which onesf obvious are those listed on the chinese mainland and which one is a really -- is having a really good session here in hong kong. we've been checking these guys a reasonable day. my don't even know what these companies -- there's not anything against the companies. that's exactly what we seen every single day. 2016 was another ipo extravaganza in china. sherry has details on how much we are talking about here. the surges we have our mind line. yes.: the best return we've seen since 1994. you can see that the only comparable year was last year, 290% gain in the first month. no ipo's in 2013. trying to impose a moratorium. iposan see the number of in green. more than 200 companies going public this year since 2011. rishaad: wise demand so high o

this was the first year they lost wealth. it was looking that way at the start of last year. t was a positive year. vonnie: warren buffett made up really. michael, you are taking the populist side of things. michael: you have to wonder how this will play with the people who voted for donald trump. he is coming into office with the riches cabinet in history. his tax cuts are focused on doing more to the wealthy than to the lower classes. you look at the index that measures income inequality. in the united states it rose again. it has been rising for years. the rich are getting richer every year. the rest of us are not doing as well. you notice how it for myself and that not rich category. this does not getting any sign that the things that made people vote for trump are going to make people any happier. vonnie: let's look at median income. if you look at the 2631 chart -- youl see the median know this, they have not moved. >> they went up last year for the first time in about 20 years. while they are still at about 1980 levels, there is progress that president obama can take cr

, one of the most delightfully silly films of the year. that, why do you say "t‘were"? well, you said "say it like i say it." yes, but... you seem to be lingering. it's interminable, the word, i'm wondering when it will end, and we shouldn't be wondering, should we, we should be marching right along for so simple. would that it were so simple. calm down! when april rolled around, nothing could touch thejungle book, disney's reboot of its classic cartoon which became the real king of the swingers at the uk box office. billed as a live action affair, the jungle book was in fact almost entirely cgi with the young star, neel sethi's mowgli being one of the very few live—action elements in a movie which cast idris elba as a digital shere khan, bill murray as a lovable baloo the bear, and christopher walken as a gigantic king louie. moving on to may, and 0nce director john carney‘s sing street put a smile on my face and a spring in my step with its tale of a teenager's pop—tastic adventures in the mysterious world of 80s dublin. meanwhile, over

and burring, the new year, ahead of the holiday weekend, what you should expect. plus, tweet your tweet, new year's resolution to keep happy in 2017. dow up 33 points, s&p up 5. nasdaq up 10. pretty firmly in positive territory a few hours ahead of the opening bell over in europe. stocks have actually been down in the trading session there led by a fall on the ftse and london, four tenths of 1% n asia overnight, mixed markets there again on the last day of trading for 2016. and amazon reveals plans for a high-flying warehouse with a fleet of drones. you have to see how this is going to work. and all of that coming up with me this morning, president dominic is here and rachel campos, dagen will be up in just a few minutes. happy new year, not there yet. but we are like a second from time square and i swear, at night i finished hosting the kelly file, the streets were filled with tourists even though those threats exist, people just keep oncoming occupy. >> no where better to be than new york city on new year's eve. sandra: depends who you ask, rachel. [laughter] san

is the best year, i think. you finish it and look back. but it was the best of -- best of times, the worst of times. who said that, wilfred? some guy. wasn't he english? dickens? yeah? remember him? >> i don't know. >> charles dickens. >> could have been. i'm afraid, if that's one of his quotes, i can't agree. >> i thought that would be -- any way. yikes. okay. that was dickens. so i think it was a great year. but then look what happened yesterday. the heart and the mind are strange things. we're always surprised when something like that happens, when someone dies of a broken heart. we see that actually, you know, the couple that lives together for 50, 60 years, one of them dies, the next day the other one dies. it's very strange that things like that are real. and it makes you take a step back and think a little bit. we are in kind of a netherworld. we're between presidents, it's like we got two of them or something, or none. or zero. i don't know. it's weird. they're both sharing power almost. very strange. w

the 40-year-old mother was pronounced dead at the hospital. her 12 and 9-year-old daughters were treat for injuries. >>> it is rare you find a chair lift injury at a ski resort of the 13 million that ski every year it's rare. >> the lift was operating correctly. witnesses say there has been trouble and the lift was out of operation for 10 minutes earlier that day. >>> sutter brown, california first dog has passed away. the governor's spokesperson said that the dog passed away peacefully and laid to rest at the family ranch. the 13-year-old underwent emergency surgery in october but the form of cancer could not be entirely removed. >>> a puppy stolen over christmas weekend, the action taken by the san jose police department to return the puppy to its family. >>> thieves attack a man and get away with a briefcase full of jewelry. . >>> we continue to follow breaking news out of southern california, rescue efforts underway for 17 people stuck on a ride at knott's berry farm. according to twitter page they are saying they are trying to evacuate the

the currency? i am not sure it is going to be as bleak a year as was the case this year. hink the risks are weighted to the downside. see mores we start to economic bite from the brexit may herald the next leg lower in terms of the pound. what is difficult is timing this impact. the fallout on the economy has probably been a bit less severe than many investors anticipated. point that we see more evidence of pass-through, i am not sure that will be among my top trades. when i look at the politics across europe as a whole, i think the politics is probably a more pressing issue for europe itself at this point. certainly in the wake of terror attacks, that is going to continue to focus market attention on this issue. it is not going to go away. is going tohe euro go below parity versus the dollar. betty: thank you so much. the head of g 10 fx strategy at citigroup. investors welcoming a report saying i hand maker may be going on sale. handbag maker may be going on sale. this is "daybreak asia." ended u.s. markets lower by the luxury handbag market was an exception. >> looking

we have the massive move up higher in the year. in blue, we have the five-year average pe. e stock is up, you can see the pe is below the record high back in 1999. the five-year average pe is about 27 times below that of the vox. valuation may be -- may look reasonable. turning to another stock down on the day, we are looking at facebook. this is from june 13. the same short seller, andrew left, said he was shorting facebook all concerns of robina generation. we see a decline of about 9% after the company put out somewhat disappointing quarter relatives to standards and the fake news issue. depending on whether or not andrew left added the position, he is not doing so great with the short on facebook. vonnie: abigail doolittle, thank you. is fluctuating between gains and losses as it trades to the highest level in 17 months. joining us is bloomberg intelligence energy analysts andrew cosgrove. we have a lot of elements for the energy space. we have higher dollar moving up and interest-rate expectations for next year. opec cuts and this energy renaissance with our new preside

the heck happened this year? think if you look, this is the forest and trees type of thing. >> both cut down. >> there you go. so paper aside, when you think about what has been happening with nike, you have a lot of large competitors taking more share and coming back. and between adidas, under armour, puma, hearing more and more there are other players involved. when you think about the long-term and the tenure this company has had, there have been ups and downs. >> thank you for saying adidas and not adidas, the european pronunciation. it is like nokia, nokia. that said, you made a bear case for the stock, but yet you have a buy rating and $60 target on it. so bring the two together. >> i don't know if that's the trees or the forest. in the short-term it fair to say you can create that bear case. that's why the stock has been down. here, where we are now, the interesting thing looking longer term, we spent a lot of time looking at the p & ls of the different businesses. if you look at all of them, the sizing, e

and this was the year we said goodbye. injune, muhammad ali died at the age of 7a. ot see his like again. boxing owes him a great debt. for british fighters it has been some year. they now have a glittering array of world champions. but tyson fury is no longer amongst them, his battles outside of the ring continue. in formula one, lewis hamilton was the defending champion, with his eyes on a fourth world title. the season began in melbourne, and he quickly realised retaining that crown would not be easy. victory for team—mate, nico rosberg, in the opening race, hamilton second, the tone set for the season. by the time they reached barcelona the lead of rosberg was 43 points, on the track they too would be much closer. a crash on that one open the door for max verstappen, formula one's youngest—ever race winner. at silverstone hamilton was out on his own, leading from start to finish, nowjust one point separated the pair. but in malaysia, hamilton's hopes appeared to go up in smoke. so down to the jewel in the desert in abu dhabi. victory for hamilton, but it was not

after what was the worst start to the year, the major averages all had their best performance in severalas for today, it wasn't all fireworks and streamers to end 2016 with stocks ending on a three-day losing streak. today the dow lost 57 points to 19,762. the nasdaq fell nearly 49 and the s&p dropped 10, but here come the big numbers. ready for this? for the year, the dow rose nearly 13 1/2%, its best performance since 2013. the nasdaq gained 7 1/2%, and the s&p jumped 9 1/2. the best showing for both since 2014. oh, let's not forget about oil here. domestic crude soared 45%, its biggest gain in seven years. >> not bad. >>> so now that 2016 is out of the way, how are the markets setting up for january and beyond? bob fasani looks into his crystal ball for us tonight. >> what is next for the markets, despite some disappointment about the failure to hit dow 20,000, the markets enter january in excellent shape. the s&p 500 is less than 1% from an historic high and most stocks are continuing to advance rather than decline. good news. the trading community is focused on what will drive marke

a's the largest pay raise and number of years, the first time in a number of years that there will be -- that it will be trimmed back. in-strengths the cuts. it's important to do now so we do not continue to lose experienced people out of the military. it also makes up some of the shortfalls in our name. some of the munition shortfalls, for example. in my view, that ought to be at the top of the list come new administration. ns is important because you need the support dollars so you do not have a hollow force. >> that's right. all of that is contained in there for just stop the bleeding , stop losing people in the services. >> there are also some important structural changes at the pentagon that are included in this bill i think may be overlooked. they have been pursuing a fairly aggressive tack. a more you have taken deliberative approach or more incremental approach, but the bill went a decent way. can you talk about some of the changes? >> broadly, i think there is really significant reform in a number of areas. acquisition reform, next steps, rerouting the uniformed military code

and as we head towards the new year, there's going towards the new year, there's going to bea towardse new year, there's going to be a bit of a battle happening across all part of the world, milder tries to come back in again, cold air tries to tries to come back in again, cold airtries to win tries to come back in again, cold air tries to win from the north, which of these is going to the? the thinking is that as we head into 2017 the colder air is going to win, but exactly how cold it is going to get, and weather we get much material weather with this, it is still a little bit uncertain, but the idea is things are going to finally cool off a little bit. this is bbc news. the headlines at ten: the queen pays tribute to ‘unsung heroes' who do ‘small acts of goodness' in her christmas message. i often draw strength from meeting ordinary people doing extraordinary things. volunteers, carers, community organisers and good neighbours. but she's forced to miss the christmas day church service at sandringham because of a heavy cold. 11 bodies have been recovered from the black sea after a r

that's review 2016: the year in science. he mission of a lifetime, this was the year british astronaut tim peake spent six months in space. to a colossal feat of engineering. in 2016, the world's largest radio telescope was unveiled. we also learned about the secret life of seals and what they get up to under water. and saw advances in a controversial new genetic technique. human organs are growing inside these pigs. this was also the year a global climate deal came into force but the election of donald trump placed a question mark over its future. and after decades of searching, scientists have detected gravitational waves. it's been called the discovery of the century, making 2016 a truly momentous year for science. i'm here at thejodrell bank observatory in the north of england. for more than half a century, scientists have been using this vast telescope to gaze up into the heavens, transforming our understanding of the universe. some people have been lucky enough to experience the wonders of space first—hand. this year it

on this final trading day of the year, the dow is set to celebrate its best year since 2013 even without dow 20,000. the dow taking a water break on its march to dow 20,000, right now lower by 38 points. -- 88 points. just a few seconds ago, we hit session lows. what's going on? no breaks at this hour for the esident-ect, donald trump, putting new year's eve on the back burner this hour in palm beach. that's mar-a-lago, a live picture of his resort there. he's in meetings at this moment. within the hour he will huddle with economic adviser howard lorber, still working to fill two cabinet secretary positions. blake burman on what they are and also how the trump family plans to celebrate tomorrow night. it is nighttime in russia, but is vladimir putin sleeping? maybe not after what happened today. in a multicar caravan, his 35 diplomats high-tailed it out of town after being expelled from the u.s. by president obama. are we on the verge of a new cold war? president ronald reagan turned to defense department big wig larry korb during the last cold war, he's with us exclusively on this new a

the blue line. and it's not even close. in fact, 20 years. they have done exactly the same thing. yone who thinks -- and some people do, gold is not a part of a fort foal, they don't know what they're talking about. 20 years, gold and s&p. the opportunity now is, of course, since the bear market low, the exact low, march of 2009, we have this huge divergence. and so what i'm thinking now at this point, it's so hated down 12, big run, so forth, it's time to be contrarian. all right. here's the chart. if you wanted to draw a head and shoulders top, you certainly could. but many ways, it's -- it's broken. it's subjective and we're getting back to where there is some support. so i'm thinking at this point, and yet even though -- this is the one-year chart, year-to-date. here is a superlative for you, 130 groups in the s&p. autos, computers, beverages. guess what the best-performing sector is this year? sub sector. top ten. copper. heavy trucks and machinery. construction materials. alarms and securities. keep going. up 47. metals and mining. that's like steel. semis, up 50. number one.

the headlines: "happy new year!" . as the world marks the start of the new year, security has been stepped up in major cities. in london, thousands of extra police are being deployed ahead

i mean for me this is the second half of the year story. would like to get it closer to 110, but this isn't about the iphone 7. you don't sell it because of this, this is about the iphone 8, which for those of us north of the border you want to buy the stock in 2017. >> got a question out there. send us a tweet to "options action." we have the hottest options news, videos throughout the week and options news. check out the newsletter. it will be the rage in 2017. here is what is coming up next. ♪ up through the ground came a bubbling crude ♪ >> oil had its best year since 2009, but if you missed out in the rally we have a way for you to get it. plus -- >>> it was all a dream. >> investors are pulling back from the so-called trump trades. we will tell you what it is when "options action" returns. hey nicole. >> "options action" is sponsored by think or swim, by td ameritrade. smart. well, we're all about educating people on options strategies. well, don't worry, i won't let this accomplishment go to my head. i'm still the same old gary. wait,

it was the perfect end to his near—perfect year. title, followed by a second olympic title, followed by a winning streak which took him to world number one. tonight, once again, he proved unbeatable, despite it seems, the best efforts of his wife. i've got a bit of a bone to pick with my wife because she told me about an hour ago that she voted for nick skelton, so... not smart from her with christmas coming up. it's been an amazing year for british sport. i'm very proud to be a part of it. so thank you and i hope you all have a great night. applause well, 2016 was certainly an incredible year for british sport. tonight was all about celebrating that success and once again, there were plenty of winners. it proved another memorable night for leicester city. the 5000—1 outsiders who won the premier league. they took the team award, while manager claudio ranieri was named coach of the year. i can say only thank you again to my players, to the chairman, to all my staff but of course, without our fans, it was impossible to win this title

any sectors you like going into the new year? >> really, i think that energy has a chance to have some really good performance, particularly in the refiners and in those stocks that have fracking operations and other businesses that can exist profitably with oil in the mid 50s. >> 20,000, may have it. seasonal factors last two weeks of the year up and powerful momentum since the election. guys, back to you. >> we will speak again soon. bob tasani on the floor. not just the dow in record territory. germany, spain, ftse and france, most of them at their highs for 2016. we'll get the european close in 2:30. 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, we can help you reach your goals. call us or your advisor t. rowe price. invest with confidence. (smash!) like an administrativeyou don't assistant.dustrial strength- your 3 o'clock is here. but there's one thing you do. it's called predix from ge. the cloud-based developm

over the last three years almost 80% of u.s. harities failed to keep at least 65% of their donations. but it's legal. as the u.s. supreme court ruled, states can not regulate how much money a charity keeps. >> the environmental defense fund says the campaign that is we referenced were designed to attract new supporters, not raise funds. the covenant house said used telemarketer on a pilot basis to convert current supporters to monthly donors because it was more efficient but they have decided to end the program. bottom line, raising money is expensive. some charity wills sign contracts that will give them ten cents on the dollar because they say it's 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 william

yet the first half the year was the best first half in 40 years. which superlative is more important? biggest first half in 40 years, worst weekly decline in 12? i'd say the former. in perspective, a super la live to end this segment. i want to start with a couple reference points. gold versus the s&p. from not just randall, from the exact market peak in october of 2007, the prior bull market. which line's ahead? the blue line. how about from the 2000 peak? which line's ahead? the blue line. and it's not even close. in fact, 20 years, they have done exactly the same thing. anyone who thinks, some people do, that gold's not a part of a portfolio, they don't know what they're talking about. 20 years, gold and s&p. now the opportunity now is that of course since the bear market low, the exact low, march of 2009, we have this huge divergence. so what i'm thinking now at this point is it's so heated, down 12 a week, a big run, it's time to maybe be contrarian. all right. here's the chart. if you wanted to draw head and shoulders top you certainly could.

our review of the year 2016 in business across asia. d by global uncertainty was a consistent theme for investors during the past year, and along with brexit referendum and the u.s. presidential election, concerns over growth in china regularly rattling the market. we spoke with business and political leaders and got expert perspectives on the world's second-biggest economy. here is a sampling of those conversations. >> china recently had its national people's congress. there was some concern that the chinese government is too focused on stimulus and growth at the expense of reforms. what is your take on that? >> we believe china will continue to grow, number one, and our assessment at the moment is 6.3%. we have to assess the decisions that have just been made by the chinese authorities to factor in those decisions, and see whether we forecast a little more growth, possibly. >> how concerned are you on china right now given what the government has set in terms of reiterating its commitment to 6.5%? are you confident they can? >> a lot o

for 2016, the averages on the year, looking at lots of green. s&p,ains for the dow, nasdaq, and the russell 2000. the russell 2000 up 20% three at if you recall earlier in the year, the nasdaq was nearly in a bear market. the russell 2000 was in a formal bear market. onk about a huge turnaround the year as investors gain confidence after the brexit vote, after the election, and the dow being helped by united health, caterpillar, chevron, and goldman sachs. looking at g #btv 5337. this is a look at sector performance. on top, energy. right below it, the financials. the gainse much of here came after the election. energy doing really well on the opec supply cut deal. financial's doing well after the fed raised rates. on the bottom, health care underperforming as investors remain concerned about potential pressures. drug prices really weighing on that sector. another great chart on the bloomberg. 0.is is g #btv 111 in the blue, we have the russell 2000, or the etf equivalent of it. and the white, the s&p 500 etf. all year, they have been tracking cl

the team of the year. the overseas personality.nine o'clock, we will find who has become sports personality of the year. as you see, 16 nominations are up year. as you see, 16 nominations are upfor year. as you see, 16 nominations are up for that award and i guess a lot of the guys will be on andy murray. he has won it twice before and would be the first individual to win it three times. but he has got some fierce competition. not surprisingly, because we had the olympics this year. many of those on at our olympic champions. what an incredible line—up for what has been an incredible year of sport for great britain and you can see the excitement is building no. if you tune in later, you can find out who to vote on the bbc sport website. and from five o'clock, we will be live on the red carpet in birmingham as the sports stars arrive. you canjoin my colleagues nick owen and denise lewis here on the bbc news channel in a special programme from five. we are looking forward to that. i am glad to see the red carpet has been unveiled. a 1