this is today's activity with the dow jones industrial average-- the dow finishing higher by 1.5%. today's gain helped pull the index positive for the week, the second straight week of gains. the dow was up four sessions, but even with the sell-off yesterday, it's 1.4% higher this week. the nasdaq saw a more muted gain, but a gain nevertheless-- up 0.8% compared to last week. and the s&p 500 is almost 1% higher tonight compared to a week ago, thanks to today's rally. the financial sector again led the market. with so much focus on europe, financials, energy and industrial sectors each gained at least 2% today. the leading dow stock was caterpillar, a company closely tied to the global economy. cat gained more than 3%. a move over $98 per share would take it to its highest price since the august sell-off. for the fourth time in a year and a half, general electric is giving shareholders a raise. the company increased its dividend to 17 cents per share per quarter. that's still only about half what g.e. shareholders were collecting before the credit crisis. general electric stock was

the dow gained 490 points yesterday. that is the biggest rally of 2011 and the best percentage gain since march of 2009. yesterday, we were talking about europe dragging the world into a financial meltdown. and there was talk of another 2008. so, what will this new action do? christine romans will join us in a few minutes to explain it all. >>> a tribute ceremony in iraq. it happened in baghdad just a short time ago. troops from the united states and coalition forces were honored for their service. this as the u.s. mission winds down and the last american soldiers are set to return home in just a few weeks. cnn's martin savidge is live in baghdad. did you attend the ceremony? >> reporter: you know -- good morning, carol, by the way. no, we didn't. in fact, western media was barred from attending this ceremony put on by the iraqi government, and there's some real dispute here as to exactly what this ceremony was all about. the iraqis say this was a ceremony to commemorate the departure, the withdrawal of u.s. forces from

the dow has been off over 400 points in the last five trading days. the dow started at 11,766. we're looking for an opening start of 11,843. >>darya: we are back with more in a couple of minutes. here is a live look at clear risks >>mark: more than 3000 toys will the handed out at glide memorial church today ranging from vice the stuffed animals. folded his house will get a basketball and its way of their fleets. the items were donated from residents of the bay area. one volunteer has been involved with the drive for 15 years. >> we want the children who do not have what some people have to be able to have this experience at christmas. the kids know what is going on even if their parents and not tell them. cecil once the heart of its communities served. as you can see, everyone really stepped up to and supported life. i have never had to turn anyone away. >>mark: the toy giveaway runs from 9:00 a.m.-11:00 a.m. and the child must be accompanied by an adult fairy if >>justine: we are tracking in major snowstorm that has shut down major in a state in mexico. the 180 mi. stretch of

we are seeing a bounce back day after the dow dropped over 100 points, up 69 for the dow jones to 12,220. >>darya: december is about to become the third driest december on record. there is barely a chance of rain coming in for the north bay. the fog is a part of the big story. it is impacting the commute. we will be talking about that next hour. >>mark: the california bears lost the holiday bowl in san diego to the texas longhorns. the bears had only 7 yds running. they are now winless in five games dating back to 1959. they have not won a bowl game in three years. the oakland a's are doing what they do best, trading away great players. billy bean is saying the unsettled stadium situation is keeping him from signing free agents. >>justine: here is a live look outside from our roof camera, we are socked in by fall. we will be tracking the visibility and what it means for the report to me when we come back.

dow futures are of 108 points right now. the dow was down 131 points yesterday. there are concerns about the european debt crisis weighing on the market siri the s&p dropped 14 yesterday and the nasdaq was off 40. we had a big drop in crude-oil prices and gold dropped. if we are also seeing the euro dropping against the u.s. dollar. below $1.30 for the first time in january. that will make exports more expensive european nations. >>darya: the holiday forecast is being upgraded regarding holiday-just a forecast that morality spending is to come. holiday sales for november into december are expected to rise 3.8%--from 3.8% from a modest 2.8 percent made in october. the number was revised upward after most americans said they were only have we done with their holiday shopping. >>darya: we are back with more in just a couple of minutes on the kron4 morning news. we are trying to dry out. we still have some red--what roadways. south >>mark: here is a live look from the james lick freeway. traffic is moving smoothly for now. let's get an update on the forecast. >>james

the dow closed with its biggest ga deralin nearly three years. it started when the federal reserve bank in washington and central banks in europe and japan all worked together to upe borrowing easier. the dow was up just over 490 points today. it's been quite a week already. in the last three days, the dow is up 7.25%. back in the black. on e r senior business errrespondent anthony mason is nd the floor of the new york stock exchange. anthony. >> reporter: the dow is over 12,000 again, scott, and all 30 stocks in the index were actually up today, and as you say, the dow is now back in the black for the year. the rally began at the opening bell and never lost momentum. all three major armies were up more than 3% on the day. >> the european move definitely was a spark that lit the fire. >> reporter: the fed's coordinated move today with the central banks of europe, england, japan, canada, and switzerland cut the cost of borrowing dollars for european lanks, in the fed's words to thase strains in financial arkets" but that won't solve >>rope's long-

the dow industrials average spent almost the entire session in the red. the index continued dropping into the closing bell. ending the session down a little more than one half of 1 percent. but as we reported at the beginning of the program, blue chips were the stocks of interest for investors. the dow gained 5.5% this year, outpacing the other major stock averages. and leading the area for the dow, mcdonald's, shares shooting up more than 30% this year as its north american business continued to strengthen even as the company raised some menu prices making up for higher commodity prices. on the bottom the worst dow stock bank of america losing more than half its value as b of a continues battling the weak housing market. worries about its financial stability and questions about its corporate leadership. earlier this month bank of america shares dipped below $5 per share, tonight they are just above 5.5 dollars per share. >> the stocks had plenty of ups and downs but it was to the as volatile as some recent years. 38% of trading sessions this year had swi

today, the dow is down 65.we're back below 12,000. >>mark: a new law is and since its goal of banning tollways in kids' meals that are high in fat, sugar and salt. burger king in an donald's have found a clever way to comply with that law, if you purchased a meal, you have to pay a dime to get the toy. mcdonald's will use that way to build a ron mcdonald house at the ucsf medical center in mission bay. burger king has not decided what they will do with the extras proceeds. >>darya: how much is too appearance? >> this patient stops at nothing. >> i spend more time at the gym than i do with my children. >> he is obsessed with himself. >> you are in the room hitting on my staff. let's trade places for a minute. you are narcissistic and self absorbers. grow up! >>darya: can dr. phil help this man who is desperately seeking attention? find out in a few seconds at 10:00 a.m.. >>mark: thank you for joining us. >>darya: we will see you tomorrow at 4:00 a.m..

what dow mean holiday picture. they are taking their christ out of jesus christ watch where you point that thing. so this year, folks, why not gather up the family, come to oh, look, we're under the mistle toe. >> (cheers and applause) welcome back. thank you so much. nation, you know when it comes to accurate hard hitting news there was only one place i turn. myself. there is no one i trust more to tell me what i think. but when i cannot find a reflective surface my back up is always fox news anchor and queen of narnia megan kelly. but even she on occasion drops the ball. >> seven candidates ready to make their final push in the hawkeye state, future gingrich has seen a surge in the polls but that support may be fading. >> stephen: did you catch it? it flies by for about a half a minute, but for mitt romney they used a photo of president obama. it is an easy mistake. they have the same popularity among republicans. (laughter) >> stephen: now some out there are saying that this is a subtle attempt by fox news to eq

the dow is back below the 12,000 mark. we are seeing similar drops for the s&p and the nasdaq has continuing concerns about the european debt crisis way of the u.s. markets. we will all the latest here in the latest on occupy oakland as they continue their protests blocking the port of oakland. we will be right back as the kron4 news continues. our eyes on wall street, a big drop for the dow jones. we had moody's investors service is saying that they would reexamine the credit ratings of the sovereign debt of european nations. moody's is saying today that last week's european summit trying to solve the debt measures leaving europe at a critical and the volatile stage. the dow is at a big drop down to the 24 points and back below 12,000 at 11,009 of 59. at weather. we had some sprinkles this morning that have pretty much cleared out but we could see more rain in the 7 day forecast. >>james: here is a look at the roof camera. a lot of cloud cover. it will continue to be cloudy throughout most of the day with a few breaks in

chemical dow chemical. two thousand one aug third the boards of carbide approved the bill at the burger agreement create the world's second largest chemical. does complicate things and doesn't because the law on contamination is very clear in india and in the us and which is the principle of the polluter pays principle is the idea under international law that the liability for pollution should always be traced back to the polluter the polluter should not be able to externalize the costs of pollution onto society at large or up to third party it shouldn't be the government's responsibility to clean up at public expense after private polluters. so. i don't know that he's one of those. people. drinking contaminated water you know this is like. in the neighborhood and then we've got a lot of this bomb tested every founded highly contaminated but they do not have any other choice and they are drinking this water. it was like some time two thousand and four it was sometime in the evening. when i eased back to my

the dow jones went up nearly 500 points. it was the biggest gain since march of 2009. the announcement by the federal reserve and major central banks about a coordinated effort to lower borrowing costs helped as well as a positive outlook for american jobs. the reports as american companies hired 206,000 workers last month. >> over half the jobs can from the small business sector and that suggests we are starting to see new business formation pickup which is critical to have sustained recovery. >>> after a roller-coaster ride the last few months, experts say americans should stick to their financial plans and not look at their portfolios every day. >>> thank you. 6:00 for and some members of the d.c. occupy protests are getting ready to hit the road. between 15 and 25 demonstrators will lead a march from the dr. martin luther king jr. moral to the civil rights leaders gravesite in atlanta. he was reportedly planning a poor people's campaign and occupation before his death. >>> the only suspect in the disappearance of a maryland woman in aruba is finally telling his sid

the dow was up and now down 40 points. the dow is at 11,825. >>darya: we're back with more in a couple of minutes. we are seeing skies clear up over san francisco. you can still see the clouds hanging over the top of the transamerica pyramid. we have clouds over as a fall in the fog that is causing some slight delays. right now the arrival delays are 53 minutes over sfo. in oakland and san jose, everything is running on time. >>darya: the self and anchored suspensions ban on the bay bridge is celebrating a milestone. it all starts today as workers are installing the first strand of the main cable. jackie sissel is out there live talking about the work. people will definitely noticed the work but caltrans is telling people to look away. >>jackie: that is the idea. it is right before you get to the as turn on the western side of the bay bridge, on the west out the side of the bay bridge. they definitely want you to pay attention to the roadway and not the work that is being done. here is a look at the animation provided to us by caltrans. everyth

the dow industrials surge nearly 500 points, closing over the 12,000 mark. the sharp rally comes as the federal reserve and other central banks make it easier for european banks to borrow money. >> it's a net positive for the global economy, but it's not going to be a game changer. >> tom: meantime, china makes it easier for its banks to lend money. the global effort to avoid another credit crunch. it's "nightly business report" for wednesday, november 30. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening, everyone. up, up and away here on wall street and in stock markets around the world today. a surge of buying powered a massive rally after the federal reserve and five other central banks teamed up to pump money into the global financial system. tom, investors everywhere cheered that united action. >> tom: the buying, susie, was dramatic, coming on the

if the dow is off 139 points. steve asoka with wedbush equity management is on the phone with us now. give us more on the confidence that is coming for people believing that things are looking up in your of air and why is that? >> that have been several rumors from european newspapers talking about a fairly dramatic action on the part of the combined effort of the european government. of there is talk of the european central bank before instituting a one trillion-of euro buyback program for sovereign debt. there is talk of an agreement between germany and france to rewrite the treaty such tax member countries will longer be able to get into the same level of debt. it is also rumored innuendo at this point coming from notably reliable sources that at this point fair are no reliable sources. the >>darya: this is a problem with the whole idea in the first place. united we stand with the euro eddie united we fall. steve >> on like america where we have a currency across many states, it looked at your the same way, we

but innovation is where we actually create value for dow, for society, and for the world. ♪ at dow, we'restantly searching for how to use our fundamental knowledge of chemistry to solve these difficult problems. science is definitive. there is a right answer out there. [ male announcer ] the same 117 elements do the fundamental work of chemistry. ♪ the difference, the one element that is the catalyst for innovation, the one element that changes everything is the human element. ♪ >>> one step forward and two steps back. that's how europe's latest response to its debt crisis looked an monday as britain refused to lend money to the imf to help save the currency union. britain wasn't alone. five other noneuro zone countries also kept their hands in their pockets. the uk missing contribution dealt the biggest blow in the effort to raise $260 billion. but europe did manage to raise $195 billion by the end of the day. this amount of money is going to be length to the imf and pumped back into europe as a way of getting around restrictive bailout laws. the euro chair is urging g-20 nations and oth

in the last three days, the dow is up 7.25%. back in the black. our senior business correspondent anthony mason is on the floor of the new york stock exchange. anthony. >> reporter: the dow is over 12,000 again, scott, and all 30 stocks in the index were actually up today, and as you say, the dow is now back in the black for the year. the rally began at the opening bell and never lost momentum. all three major armies were up more than 3% on the day. >> the european move was definitely the spark that lit the fire. >> reporter: the fed's coordinated move today with the central banks of europe, england, japan, canada, and switzerland, cut the cost of borrowing dollars for european banks. in the fed's words, "to sees strains in financial markets." but that won't solve europe's long-term debt problems, says david lot. >> you know what, anthony, it solved the immediate problem and the immediate problem was make sure we didn't have a failure of a major financial institution that could have caused lehman brother's type impacts. >> reporter: the markets li

right now dow futures are down at 11,844. >>darya: we are back with more in a couple of minutes to get you going on this chilly wednesday morning. it is downright cold. here in san francisco, things look good. we will be right back. thursday >>darya: federal regulators that have declared that taxing, in daily or talking on the cellphone even with handsfree device is too dangerous to be allowed for drivers anywhere. the national transportation safety board does not have the power to impose restrictions like this band but it is costing states to sell. this comes after if a deadly highway collision misery's called by a 19 year-old who sent or received 11 text messages and 11 minutes rack before the accident. there is the moment of impact it just afterwards, he conceded us on top of that car. craig 50 year-old student, was killed as well as the pickup driver and 38 other people lee asked the area commuters what they think about a federal ban on using cell phones craig skalar got some answers. >>craig: as people had to work of som

every time the dow took a beating, it bounced back. with the index up about 6% at the end of the year, americans invested in the dow saw their port foe yoess up by an average of $6,500. those invested in the s&p 500, no change in 2011. >>> think that most investors exhibited human tendencies and ended up playing a game of whack a mole, in a sense, receiving just at the bottom and buying just toward the top. >> reporter: many analysts say we are likely in for another bumpy ride next year. and once thing that does bode well for stocks in 2012, historically, presidential election years are good for the markets. ever since truman was elected back in 1948 in all be two presidential election years. the dow finished in positive territory. david? >> we shall see. ron, happy new year. good to have you. >>> score one for the american consumer report tonight. verizon had planned to impose a new fee in the new year, but their plans were met with an avalanche of outrage. because of that, that fee is history, before it could even start. here's abc's

right now the dow off just a fraction. the nasdaq continuing its gains from yesterday, charles. >>> indeed. now let's turn to what's been an excruciating year for the euro and europe single currency could still be on the line in 2012. ahead on "world business today" we'll review what's at stake. >>> foggy looking hong kong. welcome back you're watching "world business today" live on cnn. >> you can barely tell it was hong kong. now the european debt crisis has been at the heart of investor's minds for about a year. as you can expect it's had some negative ramifications. the worst in the region was athens. it's been in a downward spiral since march there. having made actually some decent gains right towards the start of the year. >>> now let's move on to london. that has been one of the region's best performing ones unsurprisingly outside the eurozone. actually, that managed to hang on to gains more or less until the middle of the year. there we are. until about july, august. then we had this big drop into august and septem

on that news, a big drop for dow futures. they're down 125 points. we are expecting a big drop on the opening bell. dow futures were off over one percent. we are expecting a drop on the opening day. >>darya: we are going back to a developing story comedy occupy movement. you can see the protesters that have arrived at the port of oakland. it started from the west oakland bart station earlier this morning. this is a video that we have. >>darya: protesters feel that the port is a good target to immobilize operations up and down the coast. jackie sissel is live coverage missed. we saw some police in a great year. it looks like these are just regular cops. >>jackie: the protesters have made their way down this side street near shore park in the port of oakland. there are probably a couple of hundred of them. so far, they're keeping us back a little ways. a second group continued down seven street. it all seems peaceful at this point. if i can to the right, i do not know if they have shut down the port at this point, but they have made a big headache for

the dow jones is up 91 points to 12,242. the dow is up 600 points for the year. in the national stories, one person is dead after a fiery crash. a truck driver did die on the scene before being taken to the hospital. if a lot of injuries are minor-critical. 22 people in hospital. an additional 37 others received treatment on the scene. a firefighter was also injured. we will be back as the kron4 news continues. a reminder, we're coming up near new year's on saturday. catch new year's light started at 11:30 p.m. syrians thoughtful half baths >>mark: if a final update on the forecast. >>erica: fear is a live look at conditions on the bay bridge. dense fog here in along the coastline as well keith into the afternoon, mostly cloudy conditions with temperatures in the '50s in the '60s. overnight we have this light potential for sprinkel. more on that your extended forecast. right now, fog tracker 4 in the visibility that is showing you where the fog is located. we have made some improvement over the last several minutes. we have made a lot of progress in the south bay

the dow jones is floating briefly positive of six.. we're watching wall street after yesterday's huge gain of three of the 37 points. the dow is a floating briefly deposited in early trading is. >>darya: we are also keeping our eyes from the temperatures around the bay. it is crystal clear out there. the visibility is fabulous. >> it is really called out there. a little bit gusty in the hills but all in all it is not bad. there is a spare the air alert for today. in the north bay it is beginning to gear rather fog. here is the right on 101 north of santa rosa. 2-5 mi. visibility for a good stretch but once you get to santa rosa and beyond the visibility of reduces to under a quarter of a mile. the careful if your ride takes the in the direction this morning. fluffs fact the wide use shows that we will keep the weather forecast table. fan high pressure is being pushed to the north. we will have mild weather for the foreseeable future for. clouds will roll live in them will have the possibility of light rain. this morning, it is cold. >>

, where is the dow in a year. 12,1217 right now. >> 12,500.

dow chemical go to how it go to how do how. agents of dow should be spanked. if you look at subject to the jurisdiction of india then you have to submit to the american boards and the american boards have to do something about. this in two thousand and four the supreme court's directed the government to provide clean and safe water but the government the state and central has failed to honor the supreme court order. and then they promise that by november two thousand and nine the government would supply clean water but that promise was never fulfilled looked up to some pipelines were laid in some areas but not in every area the water they're supplying the spikes is duty and not between twenty. and dad might differ dish but mission control board certified against any high concentrations of bacteria so knowingly this water is what is being supplied to the locals who have given their lives. no company should realize that it cannot break this country's laws. how much if we win this fight outsiders will gain nothing gain will be for years the people of full power.

shares are up more than 30%, the best performer in the dow this year. the dow's worst performer this year? not surprisingly, it's bank of america. those shares are down almost 60%. we're just two weeks away from the big consumer electronics that's when tech companies from show in las vegas. that's when tech companies from all around the world display their latest gadgets and services. to find out the outlook for technology in 2012, we turn to guy kawasaki. he was apple's chief evangelist, and he's author of "enchantment: the art of changing hearts, minds and actions." sorry i messed up on the title. it's an unusual title for corporate mark. >> as long as you don't mess up my name. >> susie: i did already on that. listen, guy, i want to get your take on technology. get your take on apple. you spent so much of your career there. what can we expect from apple with steve jobs gone n terms of not only existing products likes ied pa, iphones, ipods. any new things coming out of the company? >> it's very sad that steve is no longer with us, but prior to his un