james bullock going to give remarks in phoenix and chicago fed president charles evans will speak in chicago. the court widely expect to to dare we say finally raise interest rates at their meeting this week. italy's prime minister resigns after defeat of the constitutional reforms in italy. the euro dies on the news that the latest on the market reaction. a look at how that could in affect investors. dow futures up about half a percent. right now s&p and nasdaq futures a little higher. you are watching "fbn:am." re sm. and morning chitchat... less interesting. xerox transportation services... ...soon to be conduent. thank you for calling. we'll be with you shortly. yeah right... xerox predictive analytics help companies provide a better and faster customer experience. hello mr. kent. can i rebook your flight? i'm here! xerox customer care services... ...soon to be conduent. wait i'm here! mr. kent? nicole: good morning. thank you to them in new york. mark kennedy emerging to be president-elect donald trump secretary of state. rex teller sin of former utah governor jon hunt men are s

charles evans from the incoming trump administration over the next few years. the prospect of higher inflation lifted the financial sector today. goldman sachs hit a nine-year high. bank of america, citi, jpmorgan and wells fargo also higher. >>> companies in the services sector expanded last month at their fastest pace in more than a year. according to the institute for supply management, the industry has grown for 82 straight months. the report is considered an encouraging sign for the economy since services companies, like accounting firms, real estate, restaurants, account for more than 70% of nonfarm jobs. >>> but despite signs of continuing expansion, a group of business economists say donald trump's growth forecasts are too rosie. they expect gdp to end with 1.6%, and then strengthen next year to 2.2%. that would be in line with the average pace of growth since the end of the great recession. in september, mr. trump said his proposals would result in a growth rate of 3.5%. >>> volatile day in the oil markets today. prices started higher, helped by last w

charles evan echoed bullard's view arguing that you don't need explicit stimulus given the unemployment rate is so low. last week dropping to a nine-year low. >>> warren buffett's berkshire hathaway he could receive a $29 billion boost from the president-elect's proposed corporate tax cuts. trump proposed slashing the tax rate from 35% to 15%, lowering berkshire's net tax liability to 21$21.6 billion from previously 50.5 billion. >>> united technologies co brett says he got a good deal to keep more than 1,000 jobs at the company's indiana plants from moving to mexico. >> he said we'll do a lot of things with this country that will make it more conducive to manufacturing, we'll reduce the tax rate down, when all that happens you will be printing money, but i need you to relook at your decision of closing the factory. >>> nelson peltz has told cnbc that the corporate tax reform will encourage more companies to come back to the u.s. and invest in american jobs. >> if he gets the tax reductions he's talking about, we'll have more employment, more companies coming back to the united states,

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 though opec agreed to a production cut. it is widely seen this move by saudi arabia t

charles evans says that policies under discussion by the incoming trump administration help support economicnna: a very warm welcome to "daybreak europe," our flagship morning show in london. we are going to start the hour with breaking news from germany. german factory orders, the number looks incredible he strong. german october manufacturing orders rise 4.9% month on month. the estimate -- it's a volatile series, of course -- was for an increase of just .6%. this number does look to be very strong. german factory orders surged in october, suggesting growth in europe's largest economy accelerating at the end of the year. portis adjusted for seasonal inflation jumped 4.9%. they're looking for the details of why. it was the biggest increase since july. orders gained 6.3% from a year earlier. orders for investment goods climbed 7.2% in october, according to the report. we'reget the brief -- joined on set. this looks sick a strong set of data, supporting the bundestag, the argument coming out of germany from the bundesbank, that we saw a surge in activity. >> we are apparently seeing that and

hsbc, also goldman sachs and a lot of the market jumping on comments from chicago fed president charles evansgets, 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 message to working families in our cup. stuart: mercedes schlapp is with us, she's a conservative, she's a republican, and she's having a lot of fun,