let's get to dominic chu with a "market flash." >> let's see what is happening with the dow.ession highs after busting that 18,000 mark for the first time ever just around the opening bell. leading the blue chips higher, chevron, boeing and coca-cola as well as dupont. the dow would be higher if not for a sell off in the drug sector. >> thank you very much. if you weren't a fan of drones before the navy's newest addition to the fleet dubbed ghost swimmer might change your mind. it is a self-swimming drone shark that moves by flapping its life-like tail back and forth. mark smithers, welcome. good to have you with us. how big is this drone? how much does it cost if you can tell me? and what are the obvious applications for it? >> the version that you are seeing there is about five feet. cost is still to be determined. and the main use of the navy's proposed -- you have seen on the video. however, there are a lot of uses for the under water robot that is sort of based on biology . >> this drone is camera equipped. i assume it has some sorts of teletry that it can listen and see

now joining us from los angeles is samuel chu. he just returned to the united states from hong kong, and samuel, good to see you again. two months of pro-democracy demonstrations. what is your reaction with it seemingly coming to a close today. >> i think that the mood that you have seen, seeing the images, i think people are ready to move to the next stage. i think there is a sense that

thank you so much dominic chu there.dy, great minds think alike. >> very manly. >> what do you think? are you ready? >> i want one of those man crates, personalized whiskey glass. are you kidding me? >> and a canter. you can have bill's own finest wisk whiskey. >> i like dominic chu's sweater. i didn't want that to be misconstru misconstrued. he is the best dressed guy on cnbc. >> apologies. >> let's move on. we have gold prices closing right now. they were kind of all over the map today but it looks like they will finish higher. almost 2% gain here. it has been a tough year for gold prices. we can look at other metals and how they are doing for the day. silver, copper, palladium, platinum. copper is a bit lower but higher prices for silver, palladium and platinum. check on the bond markets. the bond market is open today. they are there. it is a full day just like for the stock market. as we know yields have been rising lately since the fed meeting of last week. the ten year is down today to 2.25. we have the five-year,

dominic chu, thank you very much. >>> to the weather now. there is rain in the valley, rain in the mountains, rain in the city and traffic basically everywhere. this is video now of just outside los angeles this morning. sherman oaks, california right on the 101 freeway. with more here is the weather channel's carl parker. >> let's begin with the modeling and where we are now. you see all of that wet weather across the state. as we step forward in time we expect it will thin out a little bit this afternoon. still coming down there especially in the mountainous areas of central california, southern california getting a really good dose this afternoon. we will find another round into tomorrow morning in the bay area and more on the way for southern california as well. so easily a couple of days of wet weather here. overall it's going to be about one to two inches with pockets of three to five in central california and in the higher elevations there in southern california. and this is good news. it's not nearly what we need to end the drought.

dominic chu is ready. first a tweet from a viewer, the odds josh brown is wearing flip flops and bathing suit beneath his waist. >> 100%. >> 100%. he won't stand up. >> let's debate it. >> we'll go around the trading horn. dominic chu, finally ready after i called on him way too early. that's a different show on msnbc. we've got morgan brennan ready as well. >> i don't know how to debate a bull/bear on flip flops or swim trunks are underneath. let's pick up on what josh brown and steve weiss were talking about. we want to put it in context so if you're a viewer or listener and haven't felt the scope of what happened with the russell you should know that it's only up about 4, 5% year to date. it's really here, look at this chart, it's really the last few months here that a lot of investor interest here. for the russell 2,000 small index it's up since the lows we saw mid-october, right around october 15th. a lot of biotechnology stocks help drive that performance. that's one of the main reasons why a lot of

he's tracking rally and dominic chu on the etfs riding the rally overseas. bob, you go first. >> who would have thought, mainland china dead for years, been roaring back. 4.3% today. almost vertical since the middle of the year. let me show you y.take a look at ahsr, a retail that invests in mainland china stocks being opened up to investors outside. mainland china really for the first time, one of the few funds that could own it before november when the opening happened. what we're seeing is a huge increase of volume of foreign investors going into mainland china and the stocks are going up. that sector there, that's up about 38% this year. now look at the fxi. this is a basket of 30 big chinese stocks but they trade in hong kong, not in mainland china and 80 yards outside of hong kong. it's only up about 8% so mainland china is what's hot right now. take a look at chinese oil stocks. they have been battered like all the global oil stocks. had a terrible time, but today those stocks are moving to the upside so china petroleum, petro china, all which have ha

for "nightly business report," i'm dominic chu. >> alec young joining us from oppenheimer funds. what's your take on the market action? was this temporary or more serious? >> i think we view in the temporary camp. the last couple of months, stocks have done nothing but go up except for the volatility in mid october. technical basis, we were overbought and due for profit taking. we weren't surprised to see the volatility, but the same token, not really surprised to see buyers step in. after all, over the course of last year, buying has been the strategy that's worked for investors and they return to that today. >> do you think the u.s. market, alec, is the place to be as we enter 2015 compared with other equity markets that i could consider? >> well, i think global diversify kags has a lot of logic behind it. we think the outlook for the u.s. given the momentum in our economy and earnings is more certain as we look around the world but we certainly would encourage investors to maintain global equity diversify kags. >> there's a lot of talk about oil prices, they still continue at

univision 65 le dice a todos chu chu!s. segÚn las autoridades, la investigaciÓn inició en diciembre de 2013. los cabecillas del grupo delincuencial se les fijÓ una fianza de mÁs de 1 millÓn de dÓlares. es Época de navidad es y el correo postal tiene su paquetes especial. >> ver a alguien caminando con un paquete en la mano en su vecindario podÍa ser una alarma roja de que que es el paquete de una compra navideÑa, que podrÍa ser suya. el servicio postal estÁ enviando 500 millones de paquetes, y estar atento es un reto. >> se le estÁ dando seguimiento de sus casos individuales, asistencia de las mismas cÁmaras que las personas utilizan en sus casas. >> en este vÍdeo se ve como descaradamente una mujer, una caja de la entrada de una casa. pero ocurre en cualquier lugar, como en miramar, donde dos hombres quedaron captados en un vÍdeo de vigilancia robando tambiÉn una caja. >> tenemos vÍdeos, fotografías especÍficamente de dos personas que se vieron entrando a la puerta de la casa y robÁndose el paquete. >> es malo. >> creo q

dominic chu, how did we get to 18k? >> 25 years ago here on the 25th anniversary, the dow like 2750 back then. take a look at this. we go back to 2007 here in the little map of the dow milestones. july 19th, hitting 14,000. you have to go forward about six years before you finally get from 14,000 to 15,000. may 7th, 2013. looking at 2007 to 2013, that's how long it took to get that thousand points and since then to 15,000 to 16,000, 6, 7 months and then from 16,000 to 17,000, again, just about 6, 7 months and then from 17 to 18, if we close above this level, which we may today, it will be another about 6 or so months since it happened. a quick progression from what happened at 14,000 to 18,000. look at what happened between 17,000 and 18,000, in summer, july 3rd, a slew of dow performers doing well and home depot is the star performer. up 26% just since what happened in july. united health group up 23%. nike and visa up about 22%. these guys really helped power some of the gainless for when's happening with the dow and

over to dominic chu for a quick earnings alert.of restoration hardware. >> moving higher after posting better than expected third quarter results. the stock up about 5% here. 336,000 shares have traded so far and decent amount after hours on this particular earnings report. back over to you. >> that's got to be a tell. actually, let's talk about it. dom, stick around for the continuing coverage of the selloff and add bob pisani. rick santelli out in the bond pits at the cme. bertha coombs and the panel here. bertha, let's start with you because little notice is a fact that the nasdaq was the underperformer of the session today, was it not? that's my fault. bob, let's start with you. bob? >> yeah. what we saw today was obvious collateral damage of oil and the canadian banks hit and russian markets and commodity markets around the world get hit on oil and also more importantly slower growth concerns were the issue and i think that's by and large the bigger issue with all of that said i'm not in the camp that thinks lower oil is a dis

with all the major averages at or near record highs, dominic chu takes a look at the range of stocks that help send the markets to hit new milestones in 2014 and whether the upward trend can continue. >> reporter: 2014 turned out to be another banner year for u.s. stocks with large, mid, and small-cap indices all reaching record highs, but it was the sharp move higher in stocks in just the last couple of months that really propelled the market to rarefied air. since mid-october the s&p large cap indeck has risen 12%. the midcap index has risen by nearly 14% in that span and that russell's small-cap index has also risen by that same amount. some think the routing in small caps can continue into 2015. >> the last stages of this rally will likely be a shift from large-cap into small as the investing space becomes smaller and smaller, as the rest of the world appears to perhaps be slowing down and that the u.s. is the only safe haven left. >> reporter: smaller company stocks are seen as more reliant on the u.s. economy as opposed to global factor so it can be more insulated to foreign in

tomorrow nick chu back with us looks a hot is playing catch up. tomorrow?we looked at a lot of etfs that attract countries and markets around the world, our etfs, wanted to show viewers here about how certain markets have maybe outpaced others and we looked at them since their 52-week lows. the lows they hit earlier this year and then how far they have come off of that if you look at the united states, the s & p 7500, the spdr, the one that tracks that particular index is up about 19% since the low. so a lot of momentum going off of those recent lows for the s & pment another development market is germany, ewg, one of the etfs that tracks the german mark you the up 14% since its lows the past year, so, some momentum there, look at some of the other names, first of all, look at brazil, brazil is only about 3% above its 52-week low, so, hovering just above -- getting a little bit of a bounce from those lows but not as much as some of these other big markets, that's a brazil. another big one to watch here is what's happening with russia, because russia we all

dominic chu on the big oil stocks.ruso-cabrera with the break even cost for oil producers around the world. phil lebeau with what it means for airlines and autos and brian sullivan is live in the frigid bakken with impact on u.s. producers. you get to weigh in. are you spending more as gas prices drop? go to cnbc.com/vote to let us know what you are doing. >> tyler, been a rough stretch for the energy stocks. today we are trying to find stabilization after posting a huge decline energy stocks still just hovering around unchanged we will call it but have been trying to find some footing. the sector is performing just about in line with the overall market. among worst performers so far today are names we have been hitting. many of the independent oil and gas exploration and production companies are still sharply lower. you look at a new field, apache and that group all under performing the overall market. as for the oil and gas drilling companies look at the service companies and those types of companies, as well. trans

dominic chu joins us with a "market flash." >> let's talk about some of the wackiness. some of the oil exchange traded funds etf, xle, market vectors, s&p oil and gas exploration etf. they have a long way to go to break even here. they are all down between 14% and 34%. with the xle the white line you are seeing there one of the more heavily traded is trading in very heavy volume far above what it normally does. >> thank you very much. we have been talking about russia, some developing news concerning russia. john harwood joins us from washington, d.c. >> tyler was talking about whip lash tuesday. the obama administration is confident it has played a part in some of the whiplash for vladimir putin. the head of council for economic advisers came into the white house briefing room and said vladimir putin was in a very difficult economic position. >> if i was chairman of president putin's economic advisers i would be concerned. they are between a rock and a hard place in economic policy, the combination of our sanctions, the uncertainty they have created for themselves with

we'll begin with dominic chu and how he fared.saying the monster mlb deals with ar thing of the past. strike one. okay. he also predicted the nfl would embrace next gen media technologies. well, right there with the league producing nfl now this year, he gets a check mark. finally, dom said 2014 would be a tipping point for major league soccer. he is half right. television rates up. so that's 1 1/2, i guess. 50%. we'll take it. what's dom predicting for 2015? here's a look. >> from a-rod to donald sterling to ray rice, scandals plagued the sports world in 2014. here are three bold predictions for 2015. the nfl crosses the pond. after sellout crowds for three games at wimbley stadium in 2014,the national football league will announce an international franchise in london. we're not talking about nfl europe part 2. with more than 8 million casual nfl fans in the uk, there is demand and passion. student athletes cash in. as ncaa revenues grow, so will the bank accounts of student athletes. the ncaa will continue to loosen rules to all

and domonic chu is with us as well for the hour. >>

now joining us from los angeles is samuel chu. he just returned to the united states from hong kong, and samuel, good to see you again. two months of pro-democracy demonstrations. what is your reaction with it seemingly coming to a close today. >> i think that the mood that you have seen, seeing the images, i think people are ready to move to the next stage. i think there is a sense that not more has happened, and there is still a lot of anger and sadness by the way the police have handled and government has handled the protest over the last few months. but the overall feel something that we're now ready to move onto the next phase of fighting for democracy. i think coming to an end, the street phase of the protest is an important marker to the next step. >> what are the next steps? what is the next stage? >> what has been so remarkable about this, this has been seen as one beginning of a larger fight, and i think that what you're seeing in terms of next steps is the occupied central cofounders as they try to surrender themselves

dominick chu is here with a look at stocks that powered the rally. you said there was one that gained 4,000%. >> i did. >> the answer is? >> and we'll reveal it right here. first look at the left side. monster energy. used to be knowns a hansen's beverage. changed its name to monster. if you invested a thousand dollars ten years ago you would have about 411,000 today. keurig green mountain up 34,000%. rounding some of the top gainers in the nasdaq 100 right now. tractor supply. and gilead sciences. up near 4300% since then. some of the winners really powering things. the losers, the drag, look at the large caps that we talk about often. cisco, broadcom, some of these names have not had a good run. cisco a large company still very important to technology is still about 58%. and sirius xm is still 94% where it was in the peek of 2000. some of the names really dragging the market down. if they start to move higher maybe can get that 5% to record highs. >> keurig green mountain. up 34,000 percent since the bubble blew up. >> and have only touched it. lik

here's dominic chu with some of the movers right now. dom? >> bill one of the few ratings moves of the day to drive grubhub higher. it's an upgraded to an outperform rating saying the company could become a possible acquisition target in the future so those shares on the rise here. next used to the energy stocks making those big moves and mostly down as oil prices have fallen. today they're holding the top spots on the winners and losers list. exploration firm qep leads with a 3% gain and drilling contractor diamond offshore down more than 3% on the day. looking at the one-year stock performance they are a lot more similar both are down about 35% so far in 2014. so overall, a big, big deal especially in that sector kayla. back over to you. >> 35% drop dom. that's still better than the drop in the price of oil itself holistically down 46% this year. >> yep. >> astonishing drop there. our thanks to dom. >>> dennis gartman joining us with his takeaway of 2014 and best ideas for the new investing year, as we approach it. dennis, happy new year to

it's a cost hong kon chu and his family have to pay every day. >> if the suspicions that you dioxins are mutugenic, it will generations. it's likely pregnant women in vietnam will be haunted by one particular question: will my child become the next innocent victim of the vietnam war? >> >>> on "america tonight" - losing track of airliners. as the wreckage of airasia comes to surface - we ask why has a safety recommendation been delayed for years. could a simple piece of technology have saved lives. >>> also - shot and killed by police - now months later the l.a.p.d. releases the autopsy. >> the coroner's autopsy identified that the death was caused by a gunshot wound to the flight flank and a contact wound to the back. >> searching for the truth. and the growing divide between police and community

. >>> dominic chu, quick market flash here. >> watching shares of financial.stock market moving toward session lows on news that its executive chairman will step down as part of a settlement with new york's top financial regulator after the probe of the treatment of homeowners. the company will pay $150 million fine as a result, shares down by 17% on the morning trapd the stock lost 65%. simon, year to date. >> next on the program, north korea is threatening to attack this country if the government retaliates over the sony hack. we have the latest on how the obama administration might well respond. >>> plus, the founder and coo of ustream tells what happens hen his business was attacked by the russians a couple of years ago. sony is his client. would he stream "the interview"? "squawk on the street" will be right back. hey matt, what's up? i'm just looking over the company bills. is that what we pay for internet? yup. dsl is about 90 bucks a month. that's funny, for that price with comcast business, i think you get like 50 megabits. wow that's fast. personally

thanks, jeff, charlie. >>> all right, dom chu. oh.rds believe there's a santa claus rally. >> the rest of you are scrooges. >> stop it. >> one historical determinant. >> dom chu, you have a market flash? >> i do. i mean, i hope i can gifts and not coal in my stocking. broadcom raising fourth quarter gings to the upper end of the guided range and increasing the quarterly dividend by 17% to 14 cents a share. it's also announcing a billion dollar stock buyback program. as a result, you see the shares up by nearly a percent in the afterhour trades and two companies with earnings after the bell. krispy kreme doughnuts and moving lower in the after hours and you can see there down by 5%. a different story for korn/ferry, in staffinging and executive search and shares up by nearly 2%. interesting moves in the afterhours for those stocks. >> certainly. thank you. >> tech stocks had a great run? haven't chip stocks had a great run? >> they have. less than 5% away from 5,000. >> the nasdaq selloff? >> i mean, just -- i just think they're good c

dominic chu with the details. dom. >> all right so, met life is very much in the headlines right now because the financial stability oversight counsel, the fsoc has now designated met life, an insurance condition, as a systemically important financial institution. it would join just a handful of companies that are not banks that have been designated by the government as systemically important to the health of the financial services world, if you want to look at it this watch again, met life, an insurance company, now joins companies like aig, also prudential financial, also ge capital as non-bank institutions that are large enough to effect the overall health of the financial system. met life did say that they are going to under the dodd frank act have 30 dies seek judicial review of this decision. the company will carefully review the rationale as it considers its next stern, remember this is important, kelly, if you are designated as an sifi or systemically important financial institution that means you are subj

let's get to a "market flash" and dominic chu is standing by with it. >> those plummeting nat gas prices that you spoke of are helping send natural gas stocks to the down side. ultrapetroleum. interesting movers to the down side. as you look at what is happening the oil and gas trade will be a volatile one going into the end of the year specifically because these prices are volatile so when people are trying to pick stocks on the bottoms this is going to be one of the interesting situations for oil and gas specifically with natural gas stocks when they could be a little bit more difficult to time. in this case the nat gas stocks on the down side today. >>> thank you so much. let's get to breaking news in the bond market. two-year notes are up for auction. rick santelli tracking the action at the cme. what is the demand like so far? >> the demand is what we grade and this demand came in a little above average. we gave it a c plus. internals. the yield at auction 0.703. the offer side was 0.705. the bid to cover at 3.21 was a little light. 35.7. a little better than the average. 14.5 a lit

dominic chu, i heard people yelling about safeway. >> check out what is happening here.t is spiking off of its lows of the session. the company safeway is completing the sale of its property development center assets to another company for about $830 million. what happens is safeway shareholders are going to receive an estimated cash payment of $2.45 a share of which the vast majority of that $2.38 is estimated to be paid at the closing. these guys are in a pending merger. safeway is being acquired by albertson's. >>> we are watching safeway. dominic chu, thank you very much. >>> coming up still on "street signs" we have "street talk" five stock recommendations just for you. >>> plus our christmas gift to you. the five ceos that belong on this year's naughty list. "street signs" will be right back. opinions. there's no shortage in this world. who do you trust? whose analysis is accurate? how do you make sense of it all? a simple, unbiased stock score consolidated from the opinions of independent analysts... is that too much to ask? nope. equity summary score, powered by

. >> let's go to dominic chu. he has a "market flash" for us. >> coach shares bouncing back because coca-cola ceo is quote incable of leading coke's turn around and should be replaced. winter green says coca-cola shares are deeply discounted. we have reached out to coca-cola for a comment. we are waiting to hear back from them. we will bring you that comment if they have one. coca-cola shares are off session lows about flat so far today. back over to you, sue. >>> let's put up market numbers for you. it has been such an interesting day down here. as we get closer to the end of the year recall kenny said the volatility is going to pick up. the vix spike this morning we see the dow jones industrial average down just over 0.1%. the volatility is presenting opportunities. for those of you who are long term investors you might want to put your shopping list together. let's talk more about that with ron sloane, cio at invest co. good to have you here, guys. thanks for joining me. i am going to start with you. what are y

the post-christmas shopping rush, our dom chu is at a mall.s a look at the winners and losers of the year. and "the interview" at the theaters who chose to show it. but is it safe to stream? we're back in a moment. 24/7 it's just i'm a little reluctant to try new things. what's wrong with trying new things? feel that in your muscles? yeah... i do... try a new way to bank, where no branches equals great rates. so ally bank really has no hidden fethat's right. accounts? it's just that i'm worried about you know "hidden things..." ok, why's that? no hidden fees, from the bank where no branches equals great rates. >>> "the interview" draws crowds at theaters including surprise guests. >> if it wasn't for you guys this literally would not be [ muted ] happening right now. >> but it is safe to stream into your home? >>> plus a hack attack on video game networks. grinchy hackers taking on online services. >>> and then holiday shopping rush isn't over. dom chu joins us on the heavy return and gift card redemptions. the "squawk box" begins right now. ♪

dominic chu has a "market flash." >> from technology to bio technology.he stock is rising for the second consecutive session on the heels of positive trial data for the experimental alzheimer's drug. the stock up by about 4% on today's trade. >>> microsoft's annual shareholder meeting kicked off this morning after a rally year underway under the new ceo. what is next for the tech giant? we are talking to senior technology analyst. good to see you again. welcome back. the stock has had an amazing run lately. something we would have never have seen some say under steve ballmer. >> it has opened up the name to a new class of investors. there are certain people we speak to who wouldn't consider investing in microsoft under mr. ballmer that are more enthusiastic. it is a whole new slate of directors. they have five new directors. you have a new management team as well as a new way of thinking on the board. >> what do you expect from the stock and from the company? we are going into an interesting time of year for microsoft, a lot of hardware sales, a lot of ph

. >>> dominic chu for a "market flash." >> let's pick up the conversation. we will talk about the financials, the leading sector in the s&p 500 on heels of that stronger than expected jobs report. that raised the specter of higher interest rates possibly sooner rather than later. you can see here the s&p financials up by 1.25% leading the way higher regional banks like zion's, etrade financials all winners in the day's trade. >>> thank you very much. the dow rally being driven by those jobs numbers this morning. the economy on track to record its strongest year of job creation in 15 years. job market partying like it is 1999. >> 15 years ago pretty good year. the jobs report sparks the only debate it could about whether the u.s. economy is accelerating into another gear. that debate can be seen in the cnbc rapid update tracking gdp forecasts. the numbers were reduced because of softer october. what want to point you to is the range. third quarter tracking kind of old business 4% with a small range. look at the fourth quarter. 2.6% down a tick with a range of

saying they have sold their entire stake. >> dom chu, thanks for that flash. b.k., i was thinking these activists have been a little quiet around this massive price decline. >> right. i think now i wouldn't be surprised to see this thing pop on friday when it opens up. you have this big overhang over it, whether there's a couple other people getting out, it wouldn't surprise me at all to see it pop. i think taking civeo, they're a smaller stock but they make the man camps and they're exposed to western canada. when i look around and try to extrapolate that, i look at canadian pacific, canadian national. these guys have really benefited from building these machine camps, from transporting the oil. i'd be very careful of those names going into 2015. >> yeah. the ripple effect from those lower oil prices. three big moves in 2014, amazon, tesla, and biotech. but will we see them heading in the opposite direction next year? we have some opinions. we'll break down the trades after the break. and by the way, this is "fancy" by iggy azalea. one of our producer's favor

. >>> now to dominic chu for a "market flash." >>> so, of course, we are watching what is happening withe energy sector. it is not the worst performer and still a big focus because it has been hit so hard up to this point. it is down more than 13% just this month alone and at its lowest level since january of 2013. over half components are trading at new 52-week lows. leading the way lower in today's trade, nabors industry and specter energy. i want to show you the chart of what is happening with the xle. energy stocks you see a tug of war, a battle, if you will, for what is going on in this particular etf. it is trying to get back to unchanged, being forced back down and trying to go back up again. right now the bears are winning. certainly an energy trade you may want to focus on. >> back to sagging stocks and slumping oil in a moment. a massive glitch has hit london area flight control today. flights now starting to roll in and out again. this is a live picture of an aircraft coming in just now outside of london. the system was down from about 10:27 to 11:03 eastern time today. a spok

dom chu at the desk. >> two companies heading in different directions with regards to china here.aying it is going to invest 1.6 billion dollars to upgrade its factory in western china. the latest sign that the chip maker is strengthening ties in that country and would bring its most advanced chip testing to that country. those shares down about a quarter so far today. a different story for best buy. it is ending its eight year foray. a chinese real estate company is going to buy them for undisclosed price. >> best buy up about a half percent on the day trade. >> pete? >> i love it. >> and everybody continues to say well at $30 it's too high. 33, 35, now 37. i still think there is plenty of runway there. they continue to create and that's what makes them so interesting. and some of the buys recently. they bought password recently. that gives the security spot. more in the wearables. and now what they're adding with dom. i think they are making the moves in the right direction. >> okay. as we head to break. >> what was that? >> you got to be hyped up. look at in this thing. >> look

several years in a row our spribl e incredible district attorney george moscone our assessor carman chu is here supervisor mark farrell and it's entire family are up here (clapping.) we have john from our moscone and from the mayor's office of disabilities is here you're going to hear from them but we have our incredible sponsor keeping up and iga gay from kaiser and other person is from the other company here let's talk about the tree this tree behind us 85 years ago you don't think mclaren who was our one of our key fourpd in golden gate park our park superintendent started a tradition of lighting this tree and mile-long of trees that end here in mclaren lodge this is san francisco's official holiday tree and the cypress are over one hundred and thirty years old and despite losing some of its limitations it's standing at all and supporting over 5 hundred and 50 lights let's give a big round of applause for uncle john's tree (clapping.) so this is the night that offers up the time to get together one of the most important aspects of parks it's sense of place; right? an opportunity to g

for "nightly business report," i'm dominic chu. >>> oil prices continued their skid today. some say a deal between iraq and kurdish government out because more on the market. domestic crude closed at 6.88 a barrel and 70.15 a barrel. the steady decline of oil prices is a big relief and companies that use a lot of crude. which ones are benefitting? jackie de angeles has more. >> reporter: the dollar strengthens. not good for oil producers and servicers but great news for other companies that use oil as a raw material or for shipping or that relying on consumers hitting the roads fueled by cheap gas prices. intermediate under 70 a barrel and a gallon of gas, 2.76. >> certainly a benefit across a wide range of the company. certainly for more companies it's going to benefit than hurt at this point. if you look anywhere from manufacturing to airlines or shippers, they'll all benefit from this. >> reporter: average gas prices more than a month now and 42 seeing those under the three dollar level. this is a significant shift that's going to impact a lot of bottom lines. the compan

addressing the 2 hundred employee or they recalled for worker retention provisions in the mar, carmen chu or supervisor campos legislation that's one motion. >> sorry clarify added in. >> that was added in on wednesday and my motion is to remove that second is supervisor avalos at wednesday meeting moved to change the 20 employee or more threshold the definition of employer in into owners to one so it went from 20 to one from my understanding and my motion is to add that 20 employee or more threshold back in and the rational for me it will help some of the smaller franchises and there's data that i know marsha restraining order hospital from supervisor chiu's office or working to show there's a relatively small number of employees that is impacted and along with president chiu harding this back in to 20 is a critical part especially for those types of small franchises that are being sensitive to our legislation. >> actually, i, second the first amendment i really don't understand the rational for going back up to the threshold of 20 anyhow mecca that work we want to be able to establish r

and change that part of the chu product, but they interact.hen the building is noisy and -- >> they said, no. we really like it. our fans have written their hard-core -- >> they want that golden state kind of crowd. >> specifically, they sided another one in memphis. >> memphis? >> it's a noisy -- >> i think that i've sent a belt. >> i take not disagree at all. we're out of time, right quick, a birdie told me that even at this -- i want to be kind. even being as cron lookically gifted as you are. as you know, i heard it that somebody's working on his bar mitzvah. >> what happened? >> when i was a kid, my dad got 8qoverseas. my day of an sgre-- just growin, never had, my dad was christian, my mom of jewish. never had a bar mitzvah and i got time, and i'm we'll see if this ancient mind connect can process the hebrew. >> it's great to license. and jonathan is the biggest clippers fan ever -- >> jonathan? hello, more importantly, baby, go, clippers! >> there you go, jonathan and will all of our fans watching with steep steep steep. >> pleasure to

dominic chu enlighten us. >> all right. so what we're watching right now is the defense sector, defense stocks, the ones that make the things that go boom, investors taking notice, lockheed martin and northrop grumman and raytheon hitting record highs. just a tear off their session highs so far. lockheed up about 31% year to date, northrop 32% and then raytheon that makes the tomahawk cruise missiles up 21%. so a good year for big name defense stocks and a lot of them, these big caps at record highs. back to you guys. >> big year for all. thank you so much. trader blitz now, four trades on four stocks making news, first up gilead, falling after express scripps announced it's going to cover abbvie's hepatitis drug. >> a big surprise. we own abbvie so we're happy about that. the market is big, $20 billion for help c. in the end gilead gets 50 to 60% share and abbvie 20% and the guys fight out for the smaller amount. i think that this is an opportunity for gilead especially since it's come down so much, i like the growth going

out towards the birg pick chu, we're seeing hazy conditions due to the air stagnation. the system has been dom napt across the continue net. and in tokyo, just around the average range, but we have some northerly cold air, so it could make us feel a lot colder than the actual temperatures. out here across western u.s., there's going to be the rounds of rainfall. very heavy coastal rainfall will be moving in to the pacific northwest wi up to 150 by noefr night tuesday, but into wednesday, plus 180 on top of that. so, morehan 300 millimeters certainly uld heighten the the od new is that the rain will be moving in to california where the drought conditions have been prevailing. not a lot of beneficial rain here. >>> that's all for this edition of "newsline." i'm catherine kobayashi in tokyo. thanks for staying with us. >> hello and welcome to "euromaxx highlights," and here is your host... >> greetings from the german capital, and welcome to our highlights edition, shaping up this time with the following topics -- a belgian photographer takes fascinating close-ups of the o

several years in a row our spribl e incredible district attorney george moscone our assessor carman chu is here supervisor mark farrell and it's entire family are up here (clapping.) we have john from our moscone and from the mayor's office of disabilities is here you're going to hear from them but we have our incredible sponsor keeping up and iga gay from kaiser and other person is from the other company here let's talk about the tree this tree behind us 85 years ago you don't think mclaren who was our one of our key fourpd in golden gate park our park superintendent started a tradition of lighting this tree and mile-long of trees that end here in