that's for sure. >> well that was christine la guard speaking to sara eisen back in september. still with us head on set is our income and equity strategist. it was just another reminder, sara eisen speaking in an interview with christine la guard how resilient market have been. post-trump it's easy to forget how equity markets have been as a whole. will there be a knock on effect from the trump rally? >> europe currently is experiencing a lot of political risk and nearly 70% gdp going into elections next year there will be tremendous amount of volatility. we also caution a lot of risk on the banking sector. you've seen the start in december with the italian referendum. that's quite a big setback. then we got netherlands, france, germany also going to elections. a significant amount of volatility. but with the weaker euro we expect europe to actually benefit quite strongly from this, given that they are primarilyexporting economy. >> maybe it's worth looking at the other side of the trade. a firmer europe in 2017. seems to be huge for the investor. >> the thing is so far it has

joining us now is norman eisen. he served as special assistant to president obama. also with us david cay johnston, pulitzer prize winning columnist with the daily beast, the author of "the making of donald trump." ambassador eisen, you're a former ambassador also, you worked on these ethical issues in the obama administration. president obama himself took steps beyond what has traditionally been done by presidents in his situation. describe what president obama did and what you would expect someone in donald trump's position to have to do. >> well, president obama started with the baseline of the government ethics laws and rules. and he went over and above that, lawrence, in establishing additional rules to limit conflicts of interest by lobbyists and also by anybody else entering the administration. first time in history people coming into an administration, what we call the reverse revolving door had tough rules and then tough rules for people leaving. a lifetime ban on lobbying the obama administration, for example. and he complimented that, lawrence, with tough

i'm david faber along with sara eisen and wilfred frost.e are live from the new york stock exchange. carl and jim have the morning off. one day after we got that raise from the fed, now we are 50 to 75. 62.5 basis points is where we are in terms of rates right now. you can see where we are in the markets, which did sell off after janet yellen's decision or the fed decision and the european markets, up across the board. i always do like to see spain and italy, thank you very much, control room, for throwing those in there. ten-year note yield the key here. we eclipsed 2.5% yesterday after the fed meeting. where do we stand now? 2.587. crude oil is down on the morning over almost 2%. our road map this morning starts with the step back in the rally. stocks slipping after the fed raised rates for the first time this year. >>> plus more on trump's meeting with big tech, the fallout and the upsides from mega caps in silicon valley. >> and yahoo discloses a new data breach affecting 1 billion accounts does it put their deal with verizon in jeopard

sara eisen has more on nike's quarter. >> reporter: expectations were low going in, and nike managedo surpass them. part of the story, sales growth. the company grew revenues overall 6%, not bad in its tough retail environment. fueled by double digit growth in places like china. still, it is a marked deterioration from the kind of growth we were seeing from nike around this time last year. the strong dollar is still hurting. this is a company that gets more than half of its business overseas. and that continues to chip away at overall sales. especially with the dollar marching higher day by day here is a concern going forward. and competition. nike's stock performance has lagged of its competitors. the trend in retail is still pointing to ath leisure and a healthier lifestyle. the companies like adidas and lululemon careful to pick up on the high-fashion retro style ath leisure trend working among millennials. one reason why nike's stock has gone from the best performing dow component last year to the worst so far this year. for "nightly business report" i'm sara eisen. >> fedex was

sara eisen has the challenges ahead. >> a change at the top.t a time of great change for america's biggest beverage company. james quincy, a 20-year veteran of coca-cola taking over as ceo may 1st. kent will remain chairman of the board. he told me it is one of my proudest days in 38 years with coca-cola. my biggest legacy will be the success of james. the most orderly transition in company history. his accomplishments include global expansion into new markets, growing seven of coke's brands into billion-dollar businesses, including fuse and smart water, and turning around declining north american volumes and sales. but quincy will face some major challenges ahead. soda consumption has been declining for the last decade in this country, especially diet coke. rival pepsico built up the frito lay snack business. the global economy is weak and including the hot-growing emerging markets where currency swings and consumer softness has hurt coke sales. and finally, consumers have changed the way they shop, buying food and beverages increasingly onlin

norm eisen, ambassador norm eisen. a pleasure. thank you for staying up in paris. appreciate it. >> all right. my pleasure, chris, thanks for having me. >>> let's check in with the president-elect of the united states who has just been introduced in des moines, iowa. see him there walking into the hallway and clapping along with the iphones and smartphones of various fans that have been taken out to take a picture of him. this is, we should note, this is his third event like this. he's doing another one tomorrow night. they originally a staffer had called these victory tours and then had changed the name to a thank-you tour although it's been noted he's been going to states that he won. this is someone who won an electoral college majority, of course, making him the president-elect, but has lost the popular vote by about 2.6 million votes or 2 percentage points. a historic margin between the two we haven't seen since 1876 seen samuel tilldon and rutherford b. hayes. whether he'll be doing these three, four nights a week and in primetime hoping to get coverage for a

we have norm eisen, ethics professor here.tay tuned. ♪ ♪ i want a hippopotamus for christmas ♪ ♪ only a hippopotamus will do at the united states postal service, we deliver more online purchases to homes than anyone else in the country. and more hippopotamuses, too. ♪ so whatever your holiday priority, our priority is you. the search for relief often leads here.s, introducing drug-free aleve direct therapy. a high intensity tens device that uses technology once only in doctors' offices. for deep penetrating relief at the source. new aleve direct therapy. hashtag stuffy nose. hashtag no sleep. hashtag mouthbreather. just put on a breathe right strip. it instantly opens your nose up to 38% more than cold medicine alone. shut your mouth and say goodnight mouthbreathers. breathe right. why pause a spontaneous moment? cialis for daily use treats ed and the urinary symptoms of bph. tell your doctor about your medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, or adempa

our sara eisen in washington, d.c.break, take a look at shares of broadcom up by more than 5%. latest earnings came in well above estimates and perhaps more notably doubled its quarterly dividend to $1.02 a share. it's the top gainer on the s&p. back in a minute. how was your commute? good. yours? good. xerox real time analytics make transit systems run more smoothly... 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? mobility is very important to me. that's why i use e*trade mobile. it's on all my mobile devices, so it suits my mobile lifestyle. and it keeps my investments fully mobile... even when i'm on the move. sign up at etrade.com and get up to six hundred dollars. >>> think that

i'm sara eisen. >> very good morning to you from me as well.e throwing it back with songs forbes list of the highest paid musicians of 2016. beyonce and jay-z. $107.5 million. >> first trading day. a strong month for stocks. santa claus rally. >> did he steal christmas? >> don't say that. >> nasdaq turning positive. and the s&p. just going positive there after a banner month for stocks i think it is my voice that keeps it positive. the russell 2000 outperforming all three. up 11% for the month. as for the early action, let's show you where we are trading. energy outperforming on the back of another rise in crude oil after yesterday's major jump in the price of oil. italy flat ahead of the referendum. japan continues to be the star performer. shanghai and hong kong finishing higher. shanghai up.75%. >> oil prices. 9% gain yesterday. as some form of opec deal was confirmed. 49.9. shy of $50 this morning. worth pointing out for the month as a whole, wti gained 5.5%, highlighting that the -- all the gains came from yesterday's move. we had been sof

i'm sara eisen. >> i'm wilfred frost.ood morning to you from me as well. throwback thursday, throwing it back with a winter theme. we still have about a week to go until the official first day of winter. really? it's cold enough. we haven't got winter yet? >> welcome. >> good god. >> welcome to new york city. we saw a selloff yesterday post-fed for stocks. first triple digit decline for the dow since the election the worst day for stocks since october, even though they were down less than a percent. just a strong few weeks for the stock market. looks like things are back on a firmer note. dow futures up 47. s&p 500 futures down more than 4.5 -- up, excuse me. we saw the bond selloff resume and pick up on the two-year. also on the ten-year. 2.6. we're heading towards a close that would be the highest since back in september of 2014. two-year yield sharply higher, biggest reaction in the currency market where the dollar raced higher after not just the fed rate hike but the forecast for three hikes next year. >> the slightly

welcome to "worldwide exchange" on cnbc, i'm sara eisen here with dominic chu in for wilfred frost today>> good to be here again. >> throwback thursday, of course we throw back with holiday classics. >> mariah carey. >> let's check in on the global markets this morning after stocks took a pause yesterday on the march to 20,000. pulled back a bit. not much. the dow futures now down six. s&p down two. nasdaq futures down seven. >> much like it was yesterday at this time. >> the losses were fractional. >> we were at 40-point trading range for the dow? 50 trading points? >> tight ranges, lower volumes, holiday lull. just when you thought we would get up to the 20,000 number. not that far away. >> we're not that far away. 20,000 >>> good morning. number is kind of like a psychologically important number, maybe for some out there. it's a march to bigger better things down the line. you wonder whether or not people are paying attention to that mark. >> it's a technical level. it is sort of a point that represents confidence in the market. we are on watch again for 20,000. as for the treasury no

i'm sara eisen. >> i'm wilfred frost. happy friday. >> happy friday.'s check the global markets. you mentioned a sixth week of gains for the dow. modest gains this week across the board. still the strength continues. dow futures are up a little more than 13 points. s&p up one. nasdaq searching for direction after another negative day on wall street. dow closed off the highs, at one point was 50 points away from the 20,000 level. early indications in europe right now, it's been a strong week for europe as well. a mixed picture again this morning. the german dax positive. ftse 100 in the uk also an out performer. italy down 0.2%. small moves to close out the week. a calm week, a week in which the federal reserve spooked the bond and currency market in terms of a more aggressive forecast. let's show you the action in asia. that's where we have been focused, post fed. hang high closing up 0.2%. the nikkei in japan has been a winner off the back of the weaker yen. up nine days in a row. hong kong closing lower, not as sharply as yesterday. >> as we said at

i'm sara eisen. >> i'm wilfred frost.ood morning to you from me as well. >> let's check the global markets after another solid day on wall street took the dow up not quite to 20,000. >> so close. >> above 19,900 for the first time. futures not doing a whole lot. the nasdaq yesterday stood out. technology finally caught up after weeks of underperformance with the nasdaq surging a percent. dow futures down 8. s&p futures up 1. nasdaq futures up 3. a lot going on today, including the fed decision. news conference from janet yellen, dot plot from the fed, economic forecasts as well. the ten-year treasury note yield is sitting at 2.44. we're sort of within the range, towards the higher end of the range of where we have been. bonds look like a sell. the stock market continues to be a buy. >> the dow 100 away from 20,000. it is slightly down at the open. >>> the bank of japan's tanken survey showing an uptick in japan's biggest manufacturers, in line with expectations. not moving the yen at all. the dollar hit a ten-month high a

i'm sara eisen along with dominic chu in for wilfred frost for the rest of the week.lmost at 20,000. >> 26 points lower. >> a check on global markets this morning, another record high for the dow. s&p closing yesterday just a point away from its own record. dow futures, little changed to down points. s&p and nasdaq positive, just barely. little searching for direction here in the early action. ten-year treasury note yield. bond selloff continues pushing yields higher along with a strong dollar. that's the trump trade since the election. today we're backing off a little. 2.55 is the yield on the ten-year. you mentioned banco monte dei paschi and the fact it's halted for trading. let's see how that's playing out with the european markets. the dax in germany just about flat. the only green speck you can see on the board right. there the cac in france down by 0.25%. the ftse 100 just about flat as well. ftse mib in italy, down by a half percent. spain ibex off by 0.75%. in asia, a more positive picture. the hang seng up by a third of a percent. shanghai composite up by ov

i'm sara eisen. >> i'm wilfred frost.ecause it's thursday, it's throwback thursday, throwing it back with british rock greats, this one two of the greats in one song, david bowie and queen. >> being very nice to you today. >> i didn't even request this. they just delivered. >> let's check global markets. after another spectacular session on wall street yesterday, which lifted the dow almost 300 points. records all over the place were quiet this morning in terms of future activity. dow futures down about 9, s&p futures down 1. nasdaq futures up less than 1 point. ten-year treasury note yield early this morning, the story has been the selloff in bonds. money coming out of bonds and into stocks. we saw that again yesterday. we see yields even higher again this morning. very little in the way of economic data. here we are pushing up towards 240 again on the ten-year yield. it's been a dramatic move for stocks and for bonds. >> yeah. though i'd say on the bond and dollar front the post-election event has slightly turned around

i'm sara eisen. >> i'm wilfred frost.ery good morning to you. it is the last week of 2016. so we are playing the top songs from the year. >> this was this year? seems older. >> it does, indeed. but i trust our expert producer. >> dj sophia nails it every day. let's check in on the global markets. day after a big selloff on wall street. big relative to where we've been lately. worst day for the s&p since back in october. >> interesting because this time yesterday, i think you and i had a bet. >> we did futures were up double digits. we thought yesterday was the day that would hit 20,000. not so much. >> so -- >> so i owe you lunch. >> nice. >> arbitrary bet. i'm never going to say dow 20,000. >> we already said it about four times. >> about a thousand times over the last week. no dow 20,000. we have pulled further and further away from that. we saw a triple digit decline for the dow. you mentioned the second one since the election. rare to see big selloffs. dow futures are down 10 this morning. s&p futures flat. nasdaq fut

i'm sara eisen. >> i'm wilfred frost.good morning frou me as well. >>> after another record finish for the dow s&p announced they couldn't make it. they were negative yesterday. things are green morning. dow futures are up 55 point. s&p futures are up five. nasdaq futures are up seven this after the 15th record close for the dow since election day. that index has been a strong performer. not as good as say the russell 2000. down a percent yesterday. been up double digits since the election. green in europe for early trade this morning as well. with italy actually leading the way up 1.4%. german dax superthree quarters of a percent. france up a tenth. ftse underperforming a little flattish. higher inflation numbers and the pound which creeps up a little bit against the u.s. dollar. for asia, pretty much green. we did get some numbers. better data from china on manufacturing and factory output. the shanghai close up to flattish. same with hong kong. nikkei finished by half a percent higher. >> worth noting how much europe h

i'm sara eisen. >> welcome back. >> thank you. >> feels like a long week. >> did you miss me?> i did a little bit. that's it for december now. >> i he was disappointed to miss the latest european -- >> you're here until christmas? >> for the rest of the year, all the way. new zealand, dollar move, i missed all of it. >> that was a bit niche, not for you, i suppose, but a bit under the radar. >> political instability over there as well. >> i'm wilfred frost. let's check in on the markets at this hour. >> u.s. equity futures after another rally yesterday where the dow closed up about 40-something points. >> another rally yesterday after declines last week for the first time in four weeks. >> since the election. we got a bit of a rally going yesterday. s&p near a record, the dow finishing at a fresh record. the gains set to continue this morning. slight gains. dow futures up 10. s&p up 1. nasdaq futures are up 8. it was also buoyed by more strong data on the u.s. economy. services number looking pretty good. as for the ten-year treasury note yield this morning, higher yields cont

i'm sara eisen. >> i'm wilfred frost.ood morning to you from me. >> let's check in on the global markets. after another small rally for stocks yesterday. the strength continues off the back of the election, ahead of the ecb meeting tomorrow. dow futures up, along with the s&p and nasdaq. higher yields have been driving a lot of the action and strength in banks for instance. 2.37 is where we are now. backing up just a bit. we'll see where we go through the morning. >> let's look at european equities. strong monday, strong tuesday. again those first positive starts to the week because the fall out from the italian referendum was thought to be less bad than some initial fears. they are continuing strongly today. as you can see, up over 1%. this now based on the hopes that the ecb will ease policy a little bit more given the political pressures across the region. as you can see, about 1% of gains. the ftse 100 up 1.3%. the pound is soft this morning. uk manufacturing data came in weaker than expected. that's moving the ftse 1

i'm sara eisen. >> i'm wilfred frost. good morning to you from me as well.ur final show of the year. all week we've been playing the top songs of the year. today we're playing some of our personal favorites. >> this one is one of mine. >> i quite like this one as well, but i'm sure i didn't request it. all of my requests were shot down, so we're playing sara's favorites. >> let's check in on the global markets after a quiet few days after stocks have pulled back and so has the dollar and treasury yield. starting strong this morning. dow futures up 40. s&p futures up 6. nasdaq futures up 12 this could end a strong month, quarter and year on a very high note. we'll see what happens in the trade today. as for the ten-year treasury note yield, bonds have been bought over the last 24, 48 hours that pulled treasuries off their highs. the ten-year yield is back below 2.50. it's not too far off from the two-year highs that we reached in the last few weeks. there has been a pause, potentially a reset, profit taking. a lot of year-end portfolio rebalancing from the li

i'm sara eisen along with dom chu. >> great to be here.appy friday to you guys. >> happy early holiday weekend. let's check in on the global markets. we say our first back-to-back losses for the dow since the election after another close lower yesterday. dow futures turning around this morning. up 9. it would take 80 points now to get to dow 20,000? we've moved further away. but good little santa claus rally could do the trick. s&p 500 futures are up 2.5. nasdaq futures are up less than 1 point in early trade. as for the ten-year treasury note yield, sort of hovering around unchanged for the last week or so. >> the last four, five days. >> 2.54 on the ten-year note yield. some buying this morning. yields backing off that 2.55 level. still close to their highs recently. >> absolutely. if you look at that picture, we'll go from there to the other side of the atlantic, european equities still in focus now given what's happened with the banking sector specifically in italy and other big bank settlements. if you look at the german dax, up by 0.

opposite sara eisen alongside mike santoli. good morning. happy holidays.ast week 2016 all week playing the top songs of the year. >> might be the first time i hear some of them. i have to admit. >> so sad. >> we are all over the trending music here on "worldwide exchange". >> let's check in on the global markets first thing this morning. let's take a look. we have a futures i think trading pretty quietly just below, slight lie below fair value on the s&p, the dow. the dow still within hailing distance of the 20,000 mark. made a near approach last week but flattened out. seven straight weeks in a row. take a look at the bond market what it's doing this morning. or do we have global markets >> the ten year trying to come up here. but you're right. 13 points away. >> just 13 points away. we calculated few cents on each dow but never got there. ten year note yield somewhat higher. 256. we may the high on the yield on the 15th of december about 2.6 and hovered right there as well. it seems like we're pretty much going to hold the highs in the stock and bond yie

i'm sara eisen. >> i'm wilfred frost. i have not watched "love actually." well, not this year. >> it's one of the best christmas movies. "notting hill" is one of my favorites from hugh grant. >>> after the dow outperformed the nasdaq and the s&p last week, dow futures are pointing to a higher start again, 41 points higher. the s&p futures up 6. the nasdaq futures are up a little more than 6 as well. some of the breaking news in terms of data in asia overnight, japan's november exports following .4% followed by the weaker yen and a better recovery in overseas demand. the polled economists are expecting a 2% decline. imports there fell to 8.8%. but that was better than the forecast of 12.6%. the trade surplus narrower than expected at 153 billion yen. tomorrow the bank of japan unveiled the final policy of 2016. and data ahead in china, november new home prices rising .6% from the previous month slowing from october's increase. as for how the markets did overnight, hong kong falling a full percent ending at a multi-week low there. the shanghai comp also negat

norm eisen is an expert on white house ethics. >> the president-elect not only has substantial domestic interests that stretch across the united states. he has very complex international interests and relationships that implicate foreign governments. >> reporter: the central issue-- will mr. trump sell off his business holdings and place them in a blind trust, as previous presidents have? the key word is "divest." >> what he tweeted about today is not complete separation. it's only separating from operations, not from his ownership interest. no american voted for mr. trump to violate our constitution. >> reporter: after mr. trump's announcement, the office of government ethics tweeted, "brilliant, divestiture is good

norman eisen, richard painter, gentlemen, have a happy new year. see you soon. >> thanks for having us. happy new year. >>> when we come back, shares of qualcomm under pressure. find out why, next. but first, rick santelli, what's on your mind today? >>> you know, we learned from deallogic that 2016 is a record year for debt. global debt $6.6 trillion. does that mean rates are going to be ugly to the up side and go much higher? that's what we're going to talk about after the break. ♪ w're drowning in information. where, in all of thi is the stuff that matters? the styo fute. so high,youre how do you s this? you don' yopartner with am that advises governments and the fortune 50 and, can delivernsight person to person, >>> they tell me february 19th. can you speed up production for us? >> i'm trying the best i can. >> been a great time. tim, thanks for coming down. >> pleasure. always a pleasure. >> tell everybody at cnbc -- >> i will. >> take a picture? >> there you go. apple ceo tim cook touring the floor of the new york stock exchange. again, he's on vacation h

sara eisen, the latest on nike. is this a turning point?hink the commentary about gross margins, q1, 2016, fiscal 2016, they had 47.5% gross margin, tracking above 46. that is the commentary that makes growth investors get back into the story, especially when you consider how it's really underperformed and that is one of the main reasons, i think. >> it's really amazing when a company can say don't look here any more. this is a much better way of looking at our business. >> it does make sense. and i think they set that up last quarter, not releasing now. by the way, we're no longer going to do it. that is interesting. our answer makes perfect sense, why it is, you know -- why we should focus on it less. to me, i've been playing it through foot locker, which i think has a much better -- much better metrics in terms of valuation. the point that steve talks about, this potential border tax, foot locker would have less than nike. but it's either great, because the pie is growing or regaining share back, one of the two. either is good for nike.

rich eisen mentioned it. if some combination things happen. they can find their ways into the playoffs. it can be washington with something on the line. >> you can think that the dallas cowboys will play it out. the final week, i don't know. but you don't want to go three weeks before you play a football game, especially with a young team like they have. i would think they're going to play very hard on that game on saturday. >> play detroit coming up here. and they'll wrap up by playing the eagles here. the giants cannot find a way to get into the playoffs on their own in week 16. as they lose to the eagles, 24-19. more of "the volkswagen postgame report" as we continue from shes will laugh as they swim out of the path ♪ ♪ and the seagulls they'll be smilin ♪ ♪ and the rocks on the sand it's so peaceful out here. yeah. introducing the new turbocharged volkswagen alltrack with 4motion® all-wheel drive. soon to be everywhere. >>> thank you for watching "the volkswagen golf alltrack postcame report." >> thursday night

former ambassador and white house counsel norman eisen. >> you have such a huge portfolio, your decision affect industry. a single statement or tweet can move an entire market, so you need to be very, very conflict-free. >> reporter: since tillerson's name first surfaced as a potential secretary of state, exxon-mobil shares have gained about 6%. scott, the question here at the state department is whether tillerson will oppose high-stakes foreign policy challenges as a deal maker or as a diplomat. >> pelley: margaret brennan, thanks. here in new york at trump tower, there is a steady flow of the rich and famous visiting the president-elect. vogue editor-in-chief anna wintour was there today. so were former football stars jim brown and ray lewis. and rap mogul kanye west who says he talked to mr. trump about multicultural issues including bullying and urban violence was. there. west once said he too wants to run for president. now to a grim reality that the new president will face right away. his first foreign policy challenge is likely to be syria. tonight the syrian dictatorship and its

stay tuned for sara eisen's exclusive with the ceo.e got a buyback, at least two upgrades on lulu today, jim. >> yeah, went from a sell to a buy. i thought the most salient thing other than the fact gross margins going up is terrific in different products is shanghai movement. reminds me of the inflection move from under armour from 2013 they moved aggressively in china and stock doubled. i think people are, quote, a lot short because felt same store sales would be down instead of up. i like this quote from laurent, i think it's important to -- from the athleisure trend and how people want to live their life. i think lulu is a metaphor for hour people want to live their life. there'd been a out of athleisure into denim and it's a false premise. what it really is as laurent told me in the interview is it's a lifestyle. lululemon is a lifestyle. and my bill for my wife will prove to you it's a lifestyle. >> in other words, not a fashion trend that changes by season? >> exactly. now, i knew that he had me when he used the term mindfulness

good morning, sara eisen. >> good morning.you know it's late morning, early afternoon. >> this is very early for me right now. yes. >> i don't feel bad for you at all. bill griffeth. >> thank you very much. have a lovely day. >> we'll see you later on "closing bell." we're an hour into the day, earl ri for bill. let's head to bob pisani. >> we headed towards 20,000 and then lost steam. eight of the 38 dow stocks are on the upside. let me show you, they're the ones that are really important. there's the dow intraday in positive territory just moved down hire. by the way, this is not an unusual move. the dow usually moves 125 point range in a day, we've only moved 60 point range. just matters because we're so hyperfocused on dow 20,000. financials have been what mattered since the election. goldman up, travelers up, we've been expecting oil stocks to move up with oil closing at a new 52-week high yesterday. it's up again today. chevron, exxon up fractionally but not that much and was really disappointing yesterday. no help from

i'm david faber along with sara eisen and wilfred frost. from the new york stock exchange. carl has today off. let's give you a look at the markets right now of course. we have turned on the broader markets after the futures showed an up open. and we had it, we have decidedly moved into negative territory s&p down about a quarter of a percentage point. >>> our roadmap for the hour begins with russian retaliation, moscow deciding not to expel 35 diplomats in response to u.s. sanctions. what does it all mean for the markets, investors and multinational companies? >> it's final trading day of the year after two down days for the dow, what's it going to take to get the trump rally rolling again? jim stewart's here to talk about what to expect in 2017. >>> and happy new year, the president of the times square alliance will tell us what security provisions will be in place for the celebration in new york city on saturday night. >>> first though, john harwood has more on what has been a top story this morning, namely russia's response to those u.s

iznorm eisen is an expert onwhu has substantial domestic interests that stretch across the united states. he has very complex inturnl interests and relationships that implicate foreign governments. >> reporter: the central issue-- will mr. trump sell off his business holdings and place them in a blind trust, as previous presidents have? the key word is "divest." >> what he tweeted about today is not complete separation. it's only separating from operations, not from his to violate our constitution. >> reporter: after mr. trump's announcement, the office of government ethicses tweeted, "brilliant, divestiture is good for you, very good for america." the ethics office then felt compelled to explain what it was tweeting about was not necessarily what mr. trump has pledged to do but how he can avoid all conflicts of interest. anthony, transition officials tell us mr. trump will still not release his tax returns as part of this process. >> mason: major garrett, good on a campaign promise to keep jobs from leaving the country. dean reynolds has more from indianapolis. >> reporter: it was one o

norm eisen is an expert on white house ethics. >> the president-elect not only has substantial domestic interests that stretch across the united states. he has very complex international interests and relationships that implicate foreign governments. >> reporter: the central issue-- will mr. trump sell off his business holdings and place them in a blind trust, as previous presidents have? the key word is "divest." >> what he tweeted about today is not complete separation. it's only separating from operations, not from his ownership interest. no american voted for mr. trump to violate our constitution. >> reporter: after mr. trump's announcement, the office of government ethics tweeted, "brilliant, divestiture is good >> the cbs overnight news will be right back. with three simple words. my name is chris noth you can help children in low income neighborhoods get the help they need to stay in school and go on to college. i have a dream foundation provides mentoring, academic help, and tuition to make this dream come true. learn how this program helps students build life skills while incre

election, then going right back down as investors are eisen about the future. hitting the bottoming levels here ahead but it could suggest they could be a big spike in volatility in the new year. grounding it out and this could actually be an early tell on volatility, this is the 10-year yield on the week. the first weekly decline since the election. inflection point, reversals really announce themselves. this could be a signal of the huge move up we saw in rates and yields recently could be about the decline. perhaps that could be the thing to set off shocks and a little bit of a pullback. mark: 90 minutes away from the end of the european session. london is closed slightly higher. we're slightly up on the stoxx 600. 40% volume below the daily average. it is all about banks today and it is all about investigations into mortgage-backed security dealings. let's start with deutsche bank. shares down by 1%. 1% --id rise as much as 5%, which was the highest since january 19. they raised a $7.2 billion agreement with the doj. it is going to tap existing legal reserv

i'm david faber along with sara eisen and mike santoli. let's give you a look at futures on this opening of the day of the week. most european markets also back from the holiday break, although i believe the uk closed for a bank holiday. there you see the markets that were open. more or less in the green this morning. the ten-year note yield, price was down a bit if i recall. there we are on the yield there, around 2.56 with crude up yet again. we've also got some breaking economic data. the latest s&p case showing home price reports out. prices registering 5.6% year-over-year gain and that was up from a 5.4% gain in september. so sequentially an increase there. let's get to our road map. >> and it begins with the march to dow 20,000. with just four trading sessions left, will the dow hit the milestone by the end of the year? >>> and president-elect donald trump announcing plans to dissolve the trump foundation ahead of inauguration day, plus tweeting about the market rally and holiday spending. we'll give you all the latest. >>> plus reta

norm eisen is an expert on white house ethics. >> the president-elect not only has substantial domestic interests that stretch across the united states. he has very complex international interests and relationships that implicate foreign governments. >> reporter: the central issue-- will mr. trump sell off his business holdings and place them in a blind trust, as previous presidents have? the key word is "divest." >> what he tweeted about today is not complete separation. it's only separating from operations, not from his ownership interest. no american voted for mr. trump to violate our constitution. >> reporter: after mr. trump's announcement, the office of government ethics tweeted, "brilliant, divestiture is good the president-elect is making good on a campaign promise to keep jobs from leaving the country. dean reynolds has more from indianapolis. companies like carrier, f simply fire their workers, and move their operations to mexico. guess what? not gonna be so easy to do anymore. >> reporter: and to prove that point, trump and vice president- elect mike pence will be here tomorr

i'm sara eisen. >> i'm wilfred frost. it's the last week of 2016.ll week we're playing the top songs of the year. >> you missed some good ones yesterday. >> did i? >> happy to have you back. >> it's great to be back. feels like it's been a long week away. happy belated christmas to all of those celebrating it stateside. let's check in on the global markets and futures at this hour. yesterday we got slight gains. still not hitting 20,000 on the dow. it comes off about a week or so now of slightly treading water in terms of which way markets are going, on low volumes yesterday and friday the last two trading sessions saw particularly low volumes relative to the year as a whole. we are called higher today. only slightly. 16 points or 17 points for the dow. 1 point for the s&p. the nasdaq 9.7. one thing is clear for these markets. we'll end the quarter with positive gains. of those three indices, particular lly the dow, which looks like it could hit double digit returns. if we look quickly at the u.s. ten-year treasury note, we did see a little bit of a

i'm sara eisen. >> i thought you would say it would never be possible for me to be on "the bachelor"ause you're married. >> i can play fantasy sports on "the bachelor." game changer. >>> first, let's check in on the global markets after another mini rally for stocks yesterday on low volume. kept the dow a little more than 100 points away from 20k. we're strong again this morning, though. we'll see if we can get there in today's trade. the dow futures right now up about 36 points. 37 points there. s&p futures are up 6. and the rotation around industries continues with telecom outperforming and real estate, as well, going positive for the year which leads only the health care sector and the s&p negative in 2016. what's influencing the markets right now. breaking market news overnight. the bank of japan issuing a policy decision as expected. the central bank holding interest rates steady maintained its pledge to guide short-term rates at 0.1. but the good news is the bank of japan offered a more upbeat view of japan's economy than it predicted back in november saying it is recovering mo