i'm bill griffeth in tonight for tyler mathisen. >> as bill said one more year for trading and what a year for wall street with unprecedented gains. broke through the 18,000 mark and topped 2,000 for the first time ever. today, stocks ended modestly lower. lost 55 points below the 18,000 level. nasdaq to 29 and s&p down by 10 points retreating from yesterday's all time closing high. which sector saw the biggest gains this year? topping the list utilities. up 28%, followed by health care which rose 24% and technology higher by 21%. and tgs no surprise that the worst performing sector was energy with oil on track for the biggest annual drop since 2008. telecoms were flat on the year and materials rose by only 6%. >>> that struggling energy sector is where mark lousheeny sees. we turn to mark for his stock picks for 2015. he's chief investment strategist at janny montgomery. hi mark. >> good to see you. >> we finish for the equity market. can we continue the new year in the same pace? >> i don't know the same pace but directionally, yes. positive equities in 2015 and better returns than

. >> i'm bill griffeth in for tyler mathisen. the price of oil fell to a fresh multi-year low today on expectations that a global glut of crude oil may keep growing into the new year. now, it didn't start out that way. oil today actually began the session higher on concerns that unrest in libya could put a cramp on global supplies but by the close of trade, futures had dipped to a new five-year low on a swell in supplies. light sweet crude closed at $53.61 a barrel and the benchmark brent crude in dlon was down 1.57 closing at a 5- 1/2 year low of $57.88 a barrel. jackie deangelis has more on today's wild swings in the price of crude and what could affect oil prices moving forward. >> reporter: another volatile day for crude prices. we saw a bit of a pop in prices this morning after traders were concerned about reports of clashes in libya around one of the key export termen always but then prices went sharply lower, closing at 53.61 for west texas intermediate. that's the lowest close since may of 20009. what this underscores is

. >> i'm bill griffeth. have a great weekend. we'll see you back here on monday. >>> "nightly business report" has been funded in part by -- thestreet.com and action alerts plus where jim cramer an portfolio manage share their investment strategies, stock market insights. you can learn more at thestreet.com/nbr. >> this is "bbc world news america." >> funding of this presentation is made possible by the freeman foundation, newman's own foundation, giving all profits to charity and pursuing the and n good, jason cosart muschamp fg -- kovler develop, and m funchess fg. >> build a solid foundation, that is the strength behind good banking relationships, too. which is why at mufg,

. >> i'm bill griffeth. have a great weekend. we'll see you back here on monday. >>> "nightly business report" has been funded in part by -- thestreet.com and action alerts plus where jim cramer an portfolio manage share their investment strategies, stock market insights. you can learn more at thestreet.com/nbr. gwen: we go around the world focusing on the good news, the bad news and the challenges that remain. that shaped 2014, week." on "washington >> i'm eager to work with all of you. declaredsident obama 2014 his year of action. stand stilloes not and neither will i. so wherever and whenever i can steps without legislation to expand opportunity for more whatcan families, that's i'm going to do. gwen: congress resisted his executive action especially after democrats went down to midterm defeat. >> this is a serious breach of our constitution. it's a serious threat to our system of government. gwen: after republicans seized control of congress, for the

. >> i'm bill griffeth. have a great weekend. we'll see you back here on monday. >>> "nightly business report" has been funded in part by -- thestreet.com and action alerts plus where jim cramer an portfolio manage share their investment strategies, stock market insights. you can learn more at thestreet.com/nbr. ♪ it's all right, it's okay ♪ ♪ doesn't really matter if you're old and gray ♪ ♪ it's all right, i say it's okay ♪ ♪ listen to what i say ♪ it's all right, doing fine ♪ ♪ doesn't really matter if the sun don't shine ♪ ♪ it's all right, i say it's okay ♪ ♪ we're gettin' to the end of the day ♪ pullman: a couple of weeks ago, you were moaning the workload was too heavy without jack. but we're not saying we don't need someone. it's just who that someone is. what's wrong with steve? nothing, nothing. he's a nice bloke. he just needs calming down a bit. we didn't get a say in it. no, you didn't. well, then. well, then what? finding a replacement for jack was my decision and mine alone, brian. but it's a new member of the famil

." >> i'm bill griffeth. i'm kayla taushe here for kelly evans.s today but we have fireworks as you're watching a live shot right now in dubai ringing in the new year at this very moment. a volatile market there in the wake of an oil plunge but nonetheless, a celebration there this evening in dubai. >> yep. as you can imagine, an elaborate display in the united arab emirates ringing in 2015. we are bringing

." >> i'm bill griffeth. i'm kayla taushe here for kelly evans. no fireworks today but we have fireworks as you're watching a live shot right now in dubai ringing in the new year at this very moment. a volatile market there in the wake of an oil plunge but nonetheless, a celebration there this evening in dubai. >> yep. as you can imagine, an elaborate display in the united arab emirates ringing in 2015. we are bringing you a special year-end edition of "the closing bell." we are finishing the sixth year in a row of gains for the dow. by my math of the last six years, this year will only come in number five. it will rank the fifth best performance. the only one that was number six is 2011. the others outperformed what we did this year with the gain on the dow thereabouts. here we are. the dow down 82 though. just off the lows aft session. s&p down 13 and the nasdaq is down half a percent today down 25 points. >> let's wrap up what we saw today in the markets and in 2014 overall with "the closing bell" exchange. keith fitzgerald and david sourbee. e

. >> i'm bill griffeth. a producer said this is a double-triple. you like that?i do. >> oil was bouncing a bit. and then oil tumbled and suddenly the dow was down 165 points. it has been calling the shots lately and it did in a big way today. we're well off that slow

. >> i'm bill griffeth.again it's all about oil, the price of oil settling below $58 a barrel a couple of blocks from here and taking a toll on the stock market down more than 200 points. >> down at the low 239 and off the session lows and 1% slide and the dow down 182 points. s&p 500 also down .7

. >> i'm bill griffeth. santa claus paying a visit to wall street today, sarah? closing at record highs and look at the you till it is. s&p mid cap index, even the russell 2000 is back. all with records right now. who would have thunk it? >> surging. even mid caps are joining in the record party. look at where we are right now. the dow as bill said in record high territory. it is positive. nine days of the last ten trading sessions. s&p 500 also on track to close at a record high for the 52nd high in 2014 and nasdaq just turned positive for the month of december. and is trading around the highest level since back in 2000 and a close eye on the russell 2000. the index of small caps trying to close at a new high. we are seeing intraday records for the first time since june. if it does close at a record, that's the first time since back in march. >> and just think last october it was down as much as 20% from that march 4th high. talk about a round trip for the small caps index. >> incredible rebound. >> talk about it with the guests today in the exchange. we have ro

. >> i'm bill griffeth. santa claus paying a visit to wall street today, sarah? highs and look at the you till it is. s&p mid cap index, even the russell 2000 is back. all with records right now. who would have thunk it? >> surging. even mid caps are joining in the record party. look at where we are right now. the dow as bill said in

. >> i'm bill griffeth.is looking doubtful right now after the central bank in europe signalled that it will stand pat, at least for now, and then we have new head lanes around midday it could prime the pump some time in january. that seemed ton turning things around a pretty volatile day for the u.s. markets. we will get a view and exclusive interview with the ken fish he, joining us here at the new york stk

. >> i'm bill f griffeth. another big year of the markets, kelly. following the stories. i mean, we didn't get the tremendous numbers we got in 2013 but 2014 turned out to be a big year, didn't it? >> especially, bill, if you look back at how long the stock market has been rallying now. eight quarters in a row. we haven't seen a run like that in quite sometime. >> those small caps are just kicking in. they're kicking in just the right time with the end of the year. >>> plus, new evidence of weakness actually forom

. >> i'm bill griffeth. a producer said this is a double-triple. you like that? >> i do. >> oil was bouncing a bit. and then oil tumbled and suddenly the dow was down 165 points. it has been calling the shots lately and it did in a big way today. we're well off that slow as you can see down 66 points going into the final hour of trade here. >> that's the case with the dow jones industrial average and seems like a distant memory. that was just december 5th and almost touched that level and now back towards the 17,000 mark. s&p today giving up 8 points and nasdaq off about 37. >> oil itself touched new five-year low. we're wreaking havoc with the producer. there's oil. >> not much of a bounce there. >> now $55.51 and set the new lows again. >> settling down about 3% and since as you can see down 4% continuing to trading and as you know to defy expectations of everybody who wants so december pra desperately to do the bottom picking. >> a fed meeting starting wednesday. and a lot to get to. janelle nelson with us. sam stoval. daryl kronk. peter anderson. and our own

. >> i'm bill griffeth. you can once again it's all about oil, the price of oil settling below $58 a barrel a couple of blocks from here and taking a toll on the stock market down more than 200 points. >> down at the low 239 and off the session lows and 1% slide and the dow down 182 points. s&p 500 also down .75% and nasdaq lower, as well. bill, snapping seven straight weeks of gains and heading for the second worst week of the entire year talking about the dow and s&p. >> back to january for the dow. volatility the beginning of the year and end of the year. a coincidence? i think not. seeing the vix itself, the volatility index is up 76%. >> this week. >> this week. up another half a percent right now. back above that 20 level which often signals augs for the market here. maybe we could be topping out or bottoming out. we'll see. >> so-called fear index. oil is focal point. the close below 58. first time we have seen that since 2009. >> our closing bell exchange this friday, mega green with us, jason pride,

i'm bill griffeth with kelly evans on "the closing bell." >> we are looking at a dow up 272 points and basically a moment during her press conference where the market had given up all of its gains after that statement hit where they kept the considerable language. that was the big surprise initially sent stocks higher and started to talk about a couple of meetings, bill, might mean two. >> two meetings ian posturing, okay, an april rate hike and you saw the market walk back and then again as it wraps up here look where we are. pretty much the highs of the session. >> just joining us, really the headline is that they are slightly altering the language in their statement to say that the fed will have patience in waiting to normalize, to begin the normalization of interest rates and raise them and that is not -- does not alter the considerable period of time language they have before and referring to previous considerable time language. they are not changing it but they took it out and added patience. >> yeah. >> and, you know, the fed chair speaks in broad terms and we journalists are tr

. >> i'm bill griffeth. dow 18,000 -- it is looking doubtful right now after the central bank in europe signalled that it will stand pat, at least for now, and then we have new head lanes around midday it could prime the pump some time in january. that seemed ton turning things around a pretty volatile day for the u.s. markets. we will get a view and exclusive interview with the ken fish he, joining us here at the new york stock exchange the next few minutes, news of yes thinks the global markets are going now. >> don't do it today, hitting that 118,000 mark, could tomorrow's jobs number put us over the top? a closer look at what people are expecting tomorrow morning, when that all-important report from the labor department is released, 8:30 a.m. >>> morelier oil prices today as we showed here on "closing bell" yesterday. some stations, look at that we did it, $1.99 a gallon. that's why a few politicians now from both sides to of the aisle are starting to talk about the possibility of raising the gasoline ta

. >> i'm bill f griffeth. another big year of the markets, kelly. following the stories. i mean we didn't get the tremendous numbers we got in 2013 but 2014 turned out to be a big year didn't it? >> especially, bill if you look back at how long the stock market has been rallying now. eight quarters in a row. we haven't seen a run like that in quite sometime. >> those small caps are just kicking in. they're kicking in just the right time with the end of the year. >>> plus new evidence of weakness actually for home prices. not everywhere. we're going to talk about the hot pockets and the not so hot areas around the country and what it means for real estate in 2015. >> we'll also have an update for you on that missing airasia plane and then a closer look at how it's possible we don't know what happened to two passenger jetliners now in less than a year. >> it is hard to believe, isn't it? more than 2 million people forking over $5.99 plus tax along with their credit card number to stream the motion picture "the interview" over the weekend n. this era of cyber-hacking, does i