strong new housing data in the u.s.and some better than expected news our of europe was enough to fuel that big stock rally today. the market saw buying right from the opening bell, and the s&p 500 was able to build on the early gains throughout the session, ending with a 3% gain. let's look at today's sharp rally in context with the past 180 sessions. we have seen the index trade in a tighter and tighter range, with higher lows and lower highs. the chart shows how the index is forming a wedge. analysts will now look for it to break out or break down. after the closing bell, the market focus fell on earnings from oracle. the business software giant's results came in like a skunk at a picnic. the company's fiscal second quarter earnings were one penny shy of expectations. revenues were also shy of estimates. hardware sales fell by 14% and software sales were up a meager 2%. shares saw some buying ahead of the results during the regular session, closing up 2%. but after the top and bottom lines came in lighter than expect

strong new housing data in the u.s.and some better than expected news our of europe was enough to fuel that big stock rally today. the market saw buying right from the opening bell, and the s&p 500 was able to build on the early gains throughout the session, ending with a 3% gain. let's look at today's sharp rally in context with the past 180 sessions. we have seen the index trade in a tighter and tighter range, with higher lows and lower highs. the chart shows how the index is forming a wedge. analysts will now look for it to break out or break down. after the closing bell, the market focus fell on earnings from oracle. the business software giant's results came in like a skunk at a picnic. the company's fiscal second quarter earnings were one penny shy of expectations. revenues were also shy of estimates. hardware sales fell by 14% and software sales were up a meager 2%. shares saw some buying ahead of the results during the regular session, closing up 2%. but after the top and bottom lines came in lighter than expect

strong new housing data in the u.s.and some better than expected news our of europe was enough to fuel that big stock rally today. the market saw buying right from the opening bell, and the s&p 500 was able to build on the early gains throughout the session, ending with a 3% gain. let's look at today's sharp rally in context with the past 180 sessions. we have seen the index trade in a tighter and tighter range, with higher lows and lower highs. the chart shows how the index is forming a wedge. analysts will now look for it to break out or break down. after the closing bell, the market focus fell on earnings from oracle. the business software giant's results came in like a skunk at a picnic. the company's fiscal second quarter earnings were one penny shy of expectations. revenues were also shy of estimates. hardware sales fell by 14% and software sales were up a meager 2%. shares saw some buying ahead of the results during the regular session, closing up 2%. but after the top and bottom lines came in lighter than expect

serve housing related data will be out this week, housing starts and new home sales for november will be released on tuesday and friday. the third and final reading of third quarter gross domestic product is due out on thursday. the markets are expecting the latest figure to be a touch higher at 2.1%. durable goods will come out on friday. are consumers pulling back? we'll find out when consumer spending for november comes out. >>> here's a recap of the latest market figures. >>> that's the latest in business for this hour. >>> "newsline" is the place to turn to for the latest on japan post march 11th. we have two segments offering two unique perspectives on fallout from the earthquake and unami. "nuclear watch" brings insight and information on the impact of the fukushima daiichi crisis. and the road ahead examines the efforts to recover and rebuild. don't miss "nuclear watch" and "the road ahead." >>> the japanese government decided its next generation fighter jet will be the stealth capability f-35. the aircraft is jointly developed by u.s. company lockheed martin and partners in e

a big week for housing data. y we find out how many residential units began construction last month. that's with the release of housing starts data. on wednesday, the nation's realtors will report the number of existing homes sold in the month of november. and on thursday, the final reading of the third quarter gross domestic product will be out, typically a market mover. on friday we get data on new home sales for the last month. and finally today, what makes wealth? a recent gallup poll reported that a median income of $150,000 would be enough for most americans to feel rich. 23% of respondents would find comfort at 150k, but 15% said more than $1 million a year would do the trick. the census bureau puts median household income in the u.s. at about $50,000. age and gender divided the opinions. the median income women needed to be rich was just $100,000. young americans wanted more than those over 50 years old. that will do it for us today. thanks so much for joining us. my guest next week, producer harvey -dad,

housing data dominates the week. december home builder sentiment is out today. november housing starts come tuesday followed by wednesday's previously owned home sales. new home sales are out friday. watch zinga this week. its highly anticipated ipo stumbled friday, losing 5% in its debut. >>> finally, you may want to avoice this term in your next job interview. nearly four in ten adults named whatever the most annoying phrase used in conversation for the third year in a row. >>> coming up, brady is too much for tebow. the colts play big while the giants play small. >>> plus, with halftime entertainment like this, who needs madonna? your early morning sports headlines are straight ahead. >>> if you're doing any travel in the central u.s., you're either going to deal with a major winter storm or possible thunderstorms. your forecast is coming up. you're watching "early today." >>> good morning. if you're just waking up, this is "early today." in sports, the denver broncos set out to prove sunday they were contenders. but instead, the new england patriots confirmed

stocks soared yesterday as investor sentiment got a boost from housing data housing starts. we saw them rise 9.3% last month. that was the best pace in a year and a half. there was also good news out of europe with improving business sentiment in germany and a decent bond auction in spain. today tech stocks could get hit by oracle. we're going to get some data this morning on existing home sales and some revisions for the past five years which could show that realtors overcounted sales suggesting that the housing crash was worse than previously thought. we saw the dow jump 337 points yesterday to close at 12,103, if nasdaq gaining 80 to close at 2,603. meantime unemployment fell in 43 states last month, the most to report declines in eight years. the labor department says three states report higher unemployment. nevada the highest at 13% followed by california at 11.3%, down from 11.7% in october. employers added jobs in 29 states and in washington, d.c. meantime, microsoft may be looking to add a blackberry to its product lineup. the "wall street journal" says microsoft and

housing data dominates the week. december home builder sentiment is out today. november housing starts come tuesday followed by wednesday's previously owned home sales. new home sales are out friday. watch zinga this week. its highly anticipated ipo stumbled friday, losing 5% in its debut. >>> finally, you may want to avoice this term in your next job interview. nearly four in ten adults named whatever the most annoying phrase used in conversation for the third year in a row. >>> coming up, brady is too much for tebow. the colts play big while the giants play small. >>> plus, with halftime entertainment like this, who needs madonna? your early morning sports headlines are straight ahead. >>> if you're doing any travel in the central u.s., you're either going to deal with a major winter storm or possible thunderstorms. your forecast is coming up. you're watching "early today." [ female announcer ] at verizonfios.com, you can choose your channel package. ♪ you can choose your own internet speeds. ♪ you can even choose to chat with a live person. ♪ now you can choos

. >>> surprisingly strong housing data and hopeful signs from europe sent stocks soaring tuesday. new home construction jumped over 9%, best in a year and a half. building permits also rose. home builders, pulte group, mdc holding, and horton all rose. the euro gained against the dollar after spain's borrowing costs plunged after a short-term debt auction. consumer confidence unexpectedly rose in germany. europe's major markets were sharply higher. financials climbed, led by jpmorgan chase and wells fargo after the fed released new bank oversight proposals that were not as tough as feared. big ripples after at&t dropped its t-mobile bid. sprint nextel, which opposed, gained as did altell and juniper networks. general mills fell. sinking due too to higher costs. red hat plunged after forecasting lower than expected revenue. after the bell, nike rose on higher than quarterly profit. thanks to high shoe demand. oracle tumbled late as earnings fell short of estimates for the first time in a decade. and jabil fell in late trade after missing on revenue. police raided the tokyo headquar

. >>> surprisingly strong housing data and hopeful signs from europe sent stocks soaring tuesday. new home construction jumped over 9%, best in a year and a half. building permits also rose. home builders group mdc holding and dr horton all rose. the euro gained against the dollar after spain's borrowing costs plunged after a short-term debt auction. consumer confidence unexpectedly rose in germany. europe's major markets were sharply higher. financials climbed, led by jpmorgan chase and wells fargo after the fed released new bank oversight proposals that were not as tough as feared. big ripples after at&t dropped its t-mobile bid. sprint nextel, which opposed, gained as did altel sxlchlt juniper networks. general mills fell. red hat plunged after forecasting lower than expected revenue. after the bell, nike rose on higher than quarterly profit. oracle tumbled late as earnings fell short of estimates for the first time in a decade. and jabil fell in late trade after missing on revenue. police raided the tokyo headquarters of olympus today, part of a fraud, corruption and cover jou

housing market. the national association of realtors reported sales of existing homes rose 4% in november when compared to october. today's encouraging news echoes other recent positive data on the sector. but that same realtor group also revealed today it had underestimated the severity of the housing crash and, it turns out, by quite a lot. between 2007 and 2010, a million fewer existing homes were sold than previously reported. that works out to 14% less. today, due to flaws in its analysis, the realtors' group revised the data to reflect the much bleaker picture of the residential market. in 2007, 11% less homes were sold. it was even worse in 2008 and 2009, when 16% fewer changed hands, and, last year, sales were actually 15% lower. everyone from wall street economists to builders used that housing data to make business decisions and forecasts. while the miscalculation shouldn't affect home prices, it may help explain why the housing recovery has been so slow. joining me now to explain the miscalculation is lawrence yun, chief economist at the national association of realtors. laurnls, welcome to the program. >> thanks for having me on the show. >> suzanne: so explai

but the real beat was because of stronger than expected housing data here in the united states. ing more than expected. much of that, yes, was for apartment buildings and multi. family homes. but building permits also rose. a little bit of a good news slant to some of the housing data that we have seen recently. that lifted all boats. we had some better than expected results from an investment bank called jeffries, which had been around fire. you sort of factor that all in and what you get is a hungry man meal and all the components for a 337-point rally for the dow jones industrial average. the dow, by the way, is now up 4 1/2% for the year. despite all the bad news, stocks are closing in on a higher 2011. with your cnbc market wrap, i am brian sullivan. >>> welcome back to "hardball." does the state of iowa really deserve to hold the first presidential nominating contest? a lot of people have been saying lately that it doesn't, including a university of iowa professor who's lived in the state for 20 years and writes, "in a perfect world, no way would iowa ever be considered rep

housing market. the national association of realtors reported sales of existing homes rose 4% in november when compared to october. today's encouraging news echoes other recent positive data on the sector. but that same realtor group also revealed today it had underestimated the severity of the housing crash and, it turns out, by quite a lot. between 2007 and 2010, a million fewer existing homes were sold than previously reported. that works out to 14% less. today, due to flaws in its analysis, the realtors' group revised the data to reflect the much bleaker picture of the residential market. in 2007, 11% less homes were sold. it was even worse in 2008 and 2009, when 16% fewer changed hands, and, last year, sales were actually 15% lower. everyone from wall street economists to builders used that housing data to make business decisions and forecasts. while the miscalculation shouldn't affect home prices, it may help explain why the housing recovery has been so slow. joining me now to explain the miscalculation is lawrence yun, chief economist at the national association of realtors. laurnls, welcome to the program. >> thanks for having me on the show. >> suzanne: so explai

housing market. the national association of realtors reported sales of existing homes rose 4% in november when compared to october. today's encouraging news echoes other recent positive data on the sector. but that same realtor group also revealed today it had underestimated the severity of the housing crash and, it turns out, by quite a lot. between 2007 and 2010, a million fewer existing homes were sold than previously reported. that works out to 14% less. today, due to flaws in its analysis, the realtors' group revised the data to reflect the much bleaker picture of the residential market. in 2007, 11% less homes were sold. it was even worse in 2008 and 2009, when 16% fewer changed hands, and, last year, sales were actually 15% lower. everyone from wall street economists to builders used that housing data to make business decisions and forecasts. while the miscalculation shouldn't affect home prices, it may help explain why the housing recovery has been so slow. joining me now to explain the miscalculation is lawrence yun, chief economist at the national association of realtors. laurnls, welcome to the program. >> thanks for having me on the show. >> suzanne: so explai

. >>> surprisingly strong housing data and hopeful signs from europe sent stocks soaring tuesday. home construction jumped over 9%, best in a year and a half. building permits also rose. home builders group mdc holding and dr horton all rose. the euro gained against the dollar after spain's borrowing costs plunged at a short-term debt auction. consumer confidence unexpectedly rose in germany. europe's major markets were sharply higher. financials climbed, led by jpmorgan chase and wells fargo after the fed released new bank oversight proposals that were not as tough as feared. big ripples after at&t dropped its t-mobile bid. sprint nextel, which opposed the deal, gained as did altell and juniper networks. general mills fell. red hat plunged after forecasting lower than expected revenue. after the bell, nike rose on higher quarterly profit. oracle tumbled late as earnings fell short of estimates for the first time in a decade. and jabil fell in late trade after missing on revenue. police raided the tokyo headquarters of olympus today, part of a fraud, corruption and coverup probe t

housing data dominates the week. december homebuilder sentiment is out today. november housing starts come tuesday, followed by wednesday's previously owned home sales. new home sales are out friday. >>> watch zynga this week. its highly anticipated ipo stumbled friday, losing 5% in its debut. finally pay attention. you're going to want to avoid this term in your next job interview. nearly four in ten adults named "whatever" the most annoying phrase used in conversation for the third year in a row. i'd have to agree with that. >>> well, elsewhere, aaa estimates over 5 million people will travel by air during the year-end holiday season. and if you are one of them, there are steps you can take beforehand to make sure your trip is as stress-free as possible. nbc's brian mooar reports. >> reporter: even though you may be towing along some extra baggage or even some extra people over the holidays, it pays to do as the experts do and travel smart. >> the earlier you do anything along the way, the better equipped you are to deal with situations as they come up. >> rep

let's have a look at the markets now oil is high on stronger jobs and housing data from these you ask how were the gains limited by reports showing an unexpected person who has inventories branch is trading at one hundred eight dollars a barrel while the w.t.r. is that around one hundred dollars per barrel. now on to asia on the rise following the gains in the street waiting on the sentiment in hong kong is the latest h.s.b.c. chinese manufacturing has cooled further still some property some banks are rising this hour in tokyo exporters are leading the gains sony is up almost three percent . and in russia the markets a flight to positive in early trade traders are unlikely to make any big moves ahead of the longer your holiday break in russia and the markets going to be quote . where russia has enjoyed a persistently strong oil price that syria it's been good for the budget but it's done little to propel domestic. let's move some catching up to do to monday for much greater explains. the russian equities which have traded lower by twenty percent in two thousand and eleven from two tho

inventories however stronger jobs and housing data from the country have given some support to courage and also persistent tensions in iran still remain a major concern for investors land is now trading close to one hundred eight dollars a barrel while the w is that around one hundred dollars per barrel now onto akrotiri asia shares are on the rise following the games on wall street waiting on the sentiment in hong kong is the latest h.s.b.c. is saying chinese manufacturing has called further still some property farms and banks are rising this hour. in tokyo exporters are leading the game sony is up more than three percent. of its two hours ahead of the opening bell here in moscow the russian embassy has closed mixed on thursday the last one and a quarter of percent of my six hundred point three percent. well russia enjoyed a persistently strong oil price this year it's been good for the budget but it's done little to propel domestic equities higher while this moves there's some catching up to do us to monday for much greater explains the russian equities which is traded lower by twent

let's have a look at the markets now well is high on stronger jobs and housing data from the u.s. how whether the gains a limited by report showing an unexpected increase in the u.s. inventory is. now trading at one hundred eight dollars per barrel while the w.t.f. is that one hundred dollars per barrel. on the rise folding the gains and wall street weighing on the sentiment in hong kong is the latest h.s.b.c. studies saying chinese manufacturing has cooled further and still some property funds and banks are rising this hour in tokyo exporters lead to the gates. and the russian market saw flat to positive trade so investors on likely to make any big moves ahead along new year holiday break in russia when the markets will be closed . and let's not have a look at some of the individual moves on the my six energy majors a high of the solace supported by stronger crude got spun up on the gas from is gaining point eight percent while oil company a look or oil is a third of a cent in the black and financials are also on the rise will be to be bank one percent higher. but russia has enjo

start with oil prices are slightly lower they're still very high and that's on stronger jobs and housing data from the you asked how are the gains are limited by reports show. being an unexpected a person you ask inventories brant does not trade in at one hundred seven dollars per barrel lights which is hovering at ninety nine dollars per barrel. and european stocks are climbing in early trading as german finance minister ruled out to euro area break up the footsies given point two percent while the point three percent. asia here shares the rise spaulding's gains on wall street weighing on the sentiment in hong kong is the latest h.s.b.c. said is saying chinese manufacturing has cooled further still some property and banks are rising. exporters are leading the gates. and finally in russia the markets are extending again straight as though on likely to make any big moves so far ahead of the new year holidays let's have a look at some of the individual share moves in the minds that's energy majors this hour supported by stronger crude gas monopoly gazprom is getting hundred percent while oil co

let's have a look at how the market's up to forming this our oil is high on stronger jobs and housing data from the u.s. whether the gains are limited by reports showing an unexpected increase in last inventories brand plant is not trading at one hundred. eight dollars a barrel while light sweet whoring at just under one hundred dollars a barrel. now on to act which is on the rise following the gains on wall street weighing on the sentiment in hong kong is the latest h.s.b.c. saying chinese manufacturing has cooled further still some property firms and banks are rising this hour in tokyo exporters are leading the gains sony is up more than three percent. and it's less than one hour ahead of the opening bell here in moscow the russian indices closed mixed on thursday the r.t.s. lost one and a quarter percent while the mice extended twenty three percent higher. but russia has enjoyed a persistently strong oil price this year it's been good for the budget but it's done little to propel domestic equities home this means there's some catching up to do us to monday from which critics planes are

housing data. housing starts rose 9.3% last month, the best pace in a year and a half. there was also good news out of europe with improving business sentiment in germany and a decent bond auction in spain. today tech stocks could get hit by oracle, which missed earnings forecast for the first time in a decade. we're also going to get data on existing home sales and revisions for the past five years, which could show that realtors overcounted sales suggesting the housing crash was worse than previously thought. the dow jumped 337 points, closing at 12,103. the nasdaq gaining 80 points. >>> fashion is so last week. the growing trend among retailers is to offer free return shipping. some companies like zappos have been doing it for years, but many others are joining in, including the high end takers like sacks fifth avenue, nordstrom, et cetera. it's making shoppers happy, and they're increasingly shopping online. >> a big perk for online shoppers. jackie deangelis, thank you. >>> the postal service says today is the deadline to send priority mail so they can get their pa

housing data. housing starts rose 9.3% last month, the best pace in a year and a half.re was also good news from europe with improving business sentiment in germany and a decent bond auction in spain. today tech stocks could get beat by oracle. also get data this morning on existing home sales and revisions for the past five years which could show realtors overcounted sales suggesting the housing crash was worse than they previously thought. the dow jumped 337 points yesterday to close at 12,103. the nasdaq gaining 80 points to close at 2603. fewer people are flying this holiday season. that doesn't mean the planes won't be packed. 43.3 million people will fly over the three-week period, down 1% from last year. planes are still going to be full as airlines have cut both flights and the number of aircraft that are flying in the skies. free shipping? that's so last week, guys. growing trend right now among retailers is to offer free return shipping. some companies like zap pose have been doing this for a while. many others are joining including sacks, nordstrom and neiman

it's better than expected housing data. and juniper networks leading the charge up. and verizon wireless under fire in washington. the justice department is investigating and the government is reviewing a $3.6 billion partnership signed this month with companies led by comcast. they this after at and t pulled a bid for t-mobile usa. according to a statement the shortage is still a major problem, customers goring to pay the price. and finally international trade commission dealt another potential blow to google's android operating system. a judge determined it does infringe on one microsoft patent. motorola mobility is in process of being fire i d by google. ipc ruled htc are violating apple patents. and we'll be watching to see if these slow down the growth and battle for smart phone market share against apple. in san francisco, i'm emily chang. >> thank you. >> and another cool, crisp day out there. >> there is no sign of rain. and so you can get some after christmas, we approach january. there is a live view now from our mount tam camera. looking down towards ocean

housing data.icia taylor is at the new york stock exchange now with a roundup. >> stocks posted big gains on tuesday with the blue chips recouping all of monday's losses and most of last week's as well. positive headlines out of europe helped lift sentiment including rising business confidence in germany and a decent bond auction in spain. but volume remains light as many investors have already closed their books on 2011. so electronic trading is having a bigger impact on the market. and that could mean increased volatility over the next few weeks. as for tuesday, the dow industrials jumpled 337 points to 12,103. the nasdaq gained nearly 3.25%. the s&p was almost almost 3%. also, a report showing new home construction in the u.s. rose more than 9% in november. that's the highest level in 19 months. permits for future building also rose. and both numbers were better than expected. but while they're encouraging signs for the housing market, we've still got a long way to go until we see a full recover

data. fha should use the most currently available house price data in setting limits so they are realistic in the change of housing prices overtime. current law requires the fha limit for a county is set at the median house price for the highest priced county within the entire msa. the law should be changed to fha is no longer require the to target limits to the highest priced county. finally, part of the answer to ensuring the long term viability of the fha, and providing protection to the taxpayer is to restore the balance of the fha and private sector to its historical norms. this has been a goal expressed by the secretary. one means of accomplishing this is to eliminate fees of the gses on top of the premium. in noted to the hud report to congress, these fees made privately insured loans more expensive than comparable fha loans. if the gses believe they need more credit risk protection, they can require deeper mi coverage. it's less expensive to the borrower and safer for the taxpayers. in fact, since the crisis began, the mi's paid the gse reducing loss by 15%. in addition to restore t

economy because in recent months we see annual economic indicators that the housing data and lower rates and prone to be released tomorrow, promptly be positive as well so my question is can we take these signs of u.s. economic recovery? you mentioned the upcoming -- what efforts do you think the government should make to process the u.s. economy? >> we will take one more and then turn it over to the panel and i am also going to ask them to make any final 30 seconds intervention. >> with vietnamese americans. i follow up her questions and would like to link a few other points. we talk about global. touch on the euro asia and you touched on the shanghai cooperation would that be -- and also touch on the issue of the approach of the u.s. and tcp how china reacted to that and related to energy and jobs and questions about the economy, howell you see the future investment of china in the u.s. in creating jobs in this country? >> that is a large number of questions. unless you to pick a couple of them, pieter and yukon but first, hans liberal do you want to comment on the question of the unit

investors reacting to strong data on housing reports showing buildings breaking ground on more property. at the highest level in a year and a half. the bloomberg maryland index rising on strong gains for stanley black & decker. macy's is going green with their gift cards. keeping millions of discords out of landfills. these are recyclable. more for will americans turning to dollars stores for their holiday shopping -- mor frugal americans. they carry wrapping paper to inexpensive electronics. some are even carrying -- that is business and i'm ellen braitman for wbal-tv 11 news. back to you. >> deborah messi messing and hr husband have separated after 10 years of marriage. they have one child together. the decision to split was mutual. the actress will star in "splash." >> john collins has a quick look at today's forecast. jolie wanted to know he is a very much alive. -- jon bon jovi wants you to know he is very much alive. there was a story that he died. he took to facebook and twitter to prove that he is fine. he posted a picture of himself nearing christmas tree with a sign that says,

we'll get data on housing starts and permits. the dow dropped to close at 11,766. the nasdaq losing 32 points to 2523. meantime, a lot of payments at the pumps. the typical household spend $4,155 filling up. that's 8.4% of the median family budget. the highest share since 1981. gas prices averaged $3.50 in 2011. they could stick near the levels in 2012. and it's crunch time for holiday procrastinators. a survey finds 75% of shoppers still have gifts to buy. the reasons for holding off, people are waiting for better deals. they used black friday for self gifting. and some are waiting for year end work bonus ls. some are procrastinators are and it comes naturally like myself. >> plain and simple. thank you very much. >> at least the weather will cooperate for today. let's check in with christina loren. >> nobody can blame it on the rain. we have some fog. a little built of fog. i think the bigger issue over the morning will be the frost. it's really cold. temperatures across the board running much cooler than a couple hours ago. it's that clear sky. it makes for such

in recent months, we see the economic indicators -- housing data and also the gdp figure that is pronen we take these as signs of economic recovery? you mentioned the upcoming presidential campaign next year. what should the government make the most in order to prop the economy? >> we will take one more and turned over to the panel. i'll ask them to make any final 30-second interventions. >> i fall op with her question -- follow up with her question and would like to link some other points. we talk about global. you touched on the euro, asian markets. you touched on the issue -- the approach of the -- how china will react to that? it is related to energy and jobs and employment and the question about the economy. how you see the future investment of china in the u.s. at manufacturers and creating jobs in this country? >> that is a large number of questions. i will ask you to pick a couple of them, yukon and pieter. but first, hans, do you want to comment on the united states and give us your 30-second parting message? >> the positive news in recent days in the united states is good new

the data on housing starts was good. the best number since april 2010. and at a 9% gain, it hit the ball out of the park compared to expectations. so that was as positive for the u.s. here in europe, we are much higher on our markets right now. we've just had a refunding operation carried out by the european central bank for three year money. and again very high numbers. $489 billion euros taken by the european banking sector. right now that's being seen as a positive and that will push our markets higher at the open one imagines. back to you. >> some good news. thanks so much, geoff. >>> still ahead on "way too early," the ncaa side hines ohio state from a bowl game next season over ethical violations. so what does this mean for the team's new coach? and how is this for holiday spirit? a fedex worker is filmed hurling a delivery over the fence. that story and a check on weather when "way too early" comes right back. >>> carnage tonight in lockerbie where a pan am 747 headed for new york crashed and exploded. no known survivors on the plane. they're stil

in recent months, we see the economic indicators -- housing data and also the gdp figure that is prone to be released tomorrow will probably be a positive. can we take these as signs of economic recovery? you mentioned the upcoming presidential campaign next year. what should the government make the most in order to prop the economy? >> we will take one more and turned over to the panel. i'll ask them to make any final 30-second interventions. >> i fall op with her question and would like to link some other points. we talk about global. the test on the europe, asia market -- you touched on the euro, asian markets. will you touched on the issue -- the approach of the -- how china will react to that? it is related to energy and jobs and employment and the question about the economy. how you see the future investment of china in the u.s. at manufacturers and creating jobs in this country? >> that is a large number of questions. i will ask you to pick a couple of them, yukon and pieter. do youst, hans, want to comment on the united states and give us your 30- second parting message? >> the

economy, because in recent months we have seen economic indicators that are up, including surging housing data, the unemployment rate, and also the gdp numbers being released will be probably positive as well. can we take these signs of u.s. economic recovery, because as you mentioned the upcoming presidential election next year, what efforts do you think that government should make the most to prop up the u.s. becoming? >> will take one more, and then turn it over to the panel. i will ask them to make any final 30-second intervention. >> i follow up with her questions and would like to raise some points spoken about earlier. the euro-asia youeuro markets, and would you touch on the issue of the u.s. gdp come out channel would react to that, and related to energy and jobs at her question about the economy, how would you see the future investment of china in the u.s. in manufacturing and trading jobs in this country? >> ok, that is a large number of questions. i will ask you to pick a couple of them. first, hans, do you want to comment on the question of the united states and also give us your