for a look at that, we turn to jackie deangeles. good morning, jackie. >> the futures are flat on the final trading day of the year. stock rallied. the dow rose 135 points to close at 12,287. and as for the year the s&p 500 is roughly flat in 2011. utilities were the top sec for. financials were the worst. they are reporting that apple is having two new ipad models for a january launch. the models would be aimed at the mid to high end market. they're going to feature dual l.e.d. light bars to increase brightness. apple hasn't appeared at mac world for years. over to you. >> thank you very much. 4:47. let's turn to the forecast. christina loren is tracking some mist. >> yeah, and it's so bizarre. you'll drive to work and probably keep your windshield wipers on the whole time. it's a pretty steady mist. no rain to wash off the oil. hard to gain traction with conditions like this. throughout the day today we have more moisture on the way. but what's happening now is a little front is dropping in the bay area to increase the onshore flow

for more on,that we turn to jackie deangeles live at cnbc headquarters. good morning, jackie. >> good morning to you. the futures are higher after the markets dropped on monday. back of america closed under $5 a share. this could be in focus as they drop the $30 million bid. the asian and european markets are mixed in the u.s. this morning. 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. >> a

more on what you need to know about the deal and the other news before the bell, we turn to jackie deangelesive at cnbc world headquarters. good morning, jackie. >> good morning to you. the futures have turned higher this morning. bounces off of earlier losses in concert with the asian markets that fell on the news that uncertainty resultg from the death of korean leader kim jong il. they dropped as much as 5% overnight. wall street is coming off a down week as stocks stopped a two-week win streak. we get reports on housing, consumer sentiment, personal income and spend. and the final estimate of third quarter gdp as well. the dow slipped two points to close at 11,866. it fell 2.6%. the nasdaq closed at 2555. it fell 3.5% on the week. if the senate's bill to extend the tax cut holds up in the house, it's not that beneficial to everybody. the cost of the bill will be paid for by people who buy a house or refinance their mortgage. it's going to start in january. someone wo who sbis abuys a $20 house will pay an extra $17 on their mortgage. and more consumers are avoiding malls this year. onlin

let's turn to jackie deangeles live at cnbc. >> the futures are higher this morning after the markets closed near the highs for a second straight day. instead, they focused on a surprise drop in unemployment filings and a rise in consumer sentiment. we're going to get reports on demand for durable goods, personal income and spending and new home sales. watch for those. the dough rose 61 points to close at 12, 169. the nasdaq to close at 2599. mortgage rates are at record lows. the average rate fell to 3.91% this week. it was below 4% for eight straight weeks. now they're 1% lower than in january. that roughly means in today's home buyers they could pay $100 less on a $200 home if you ordered something, don't expect it to be delivered by christmas. due to overwhelming demand for hot products, it's been unable to process the orders. best buy wouldn't be more specific than that. it appears laptops and nintendo wii are on back order. barney's is personally apologizing to shopperings. >> same to you as well. >> it is 4:43. the long awaited nba season will make its debut on christmas day. t

for more on that, let's turn it to jackie deangeles. >> good norng to you.he futures are sharply higher as investors are awaiting that big economic data of the day. it's expected to show companies increased hiring in november, but not fast enough to bring the unemployment rate down. forecasters are calling for 125,000 jobs versus the 80,000 we saw in october. unemployment is holding steady at 9% for the second strait month. yesterday stocks closed mixed. we saw the dough dip 25 points to close at 12,020. the nasdaq rising six points. >>> the threat of a rail strike has been averted. operators have reached a tentative contract agreement with two big unions. a third union, the last of the 13 without a labor deal is extending talks by two months. they have to reach an agreement before a federal cooling off period. and it could cost $2 billion a day during the height of the holiday shopping season. >>> and honda is recalling about 304,000 vehicles worldwide f. the air bags may inflate with too much air. 20 accidents related to the problem with two deaths in 2009

let's turn to jackie deangeles, live at cnbc world headquarters. >> the futures are higher following a mixed session with the markets closing off the worth levels of the day. they missed the forecast for the first time in a decade. europe is higher. in the u.s., investors will be inundated. we'll get reports for new filing on unemployment, consumer sentiment and the final estimate on gdp. or how much the economy did or didn't grow. the nasdaq to close at 2577. toyota is likely to side the sales crown. it's held the top spot since 2008. the automaker has been hurt by supply disruptions from the earthquake in japan and flooding in thailand. toyota predicts sales will jump 20% next year. >>> and do you want a beer or a glass of merlot? domestic beers will be $3. the move comes as white castle is working on new concepts. it's not clear if white castle will expand the beer and wine sales nationwide. we'll have to wait and see. back to you. >> thank you very much, jackie. >>> it's hard to imagine going to a burger king. can i get a glass of wine with that? >> what a combo. >> we have an in

for more on that, let's turn it to jackie deangeles who is live at cnbc headquarters. od morning, jackie. good morning, jackie. >> good morning, jon. the futures are lower this morning as wall street comes off a second week of gains. the markets closed near their highs on friday boosted by a strong consumer sentiment report an relief over the fact that the eu leaders seemed to put the latest plan together to resolve the region's debt crisis. asia was higher overnight, but europe was in the red. it could be the last busy week before the holidays in the states. we'll get reports on retail sales, unemployment and inflation. we saw the dow rise to close at 12,184, the nasdaq gained 50 points to close at 2646. meantime, it's going to cost you a little more to light up if you're a smoker. the three biggest cigarette makers are raising prices for the second time. and shoppers are still choosing to point and click and buy their presents from home. comscore is saying consumers spent $5.9 billion online last week. that's up 15% from a year ago. this coming week is usually the bus

for more on the that and the news before the bell, we turn to jackie deangeles live at cnbc headquarters>> good morning. futures are higher after euro fears sparked a selloff. the dow and the nasdaq both closing down on continued uncertainly. overseas we saw the asian markets closing lower. european markets were higher. later today we get weekly jobless claims. those figures expected to show an up tick in the number of americans out of work. meantime the number of homes going into foreclosure down last month. new data showing a 3% decrease over october. foreclosures haven't declined at a fast enough pace, and that suggests we may be in for new waves of foreclosure. >>> and jetblue has purchased 83 new engines. they will power the new suite of fuel-efficient plane. it's valued at more than a billion dollars. that's it at cnbc. back to you. >> thank you very much, jackie. >>> now we have a look at the forecast. haven't had rain in a while. >> it's been a while. >> but we're not going to get a lot. >> we're counting down the minutes. most of it will fall before 6:00 in the morning. you noti

hets go to jackie deangeles live at cnbc headquarters.utures are a touch higher after the selloff. they fell 1% across the board. they closed off the lows of the day. the stocks dropped on a profit warning from intel that says sales will be impacted by supply shortages due to the flooding in thailand. investors think the deal they struck last week to address the debt crisis may not be that positive. europe was a touch higher this morning. we're going to get data in the states on retail sales and business inventory. we'll also have earnings from best buy. so watch for those. we saw the dow drop 162 closing at 12,061. the nasdaq losing 34 to close at 2612. congress reached a tentative deal to fund the federal government through next year. details on the $1 trillion plus beel wi bill will be revealed today. it will chip away at foreign aid and vimpenvironmental spending. it will also pay for the war in afghanistan. and champagne sales have gone up. the industry could ship close to the record 339 bottles that it shipped in 2007. we saw sales

for more on that and news before the bell, let's turn to jackie deangeles. good morning, jackie. >> can you hear me, jackie? you perked up. she can't hear me. the there goi, too. >> here i am. 5:17 now. the plan to bring the america's cup yacht race to san francisco is getting a little choppy. this morning four environmental groups are filing appeals. they do not give enough information on the race to move forward. that will likely happen in january. >>> san francisco families are getting reports for the court to let dozens of property owners drop out of a program aimed at helping low-income families. the below market rate program sets aside apartment units when a building is upgraded to a condominium. prices are then kept below market after conversion. more than 500 units are covered by the program, which started back in the late 70s. cher dppted to approve strict anti smoking rules. the measure bans smoking in private indoor room ls as well as balconies and common areas. landlords have to set up special smoking areas for ten tenants. >>> coming up, a boys t

we turn to jackie deangeles live at cnbc headquarters. good morning, jackie. >> good morning, marla. the futures are essentially flat on this final trading day of the year. as for the year the s&p 500 is roughly flat in 2011. the worst was bank of america, down to 59%. mortgage rates are closing out just above record lows hit last week. freddie mac says the average rate rose to 3.95%. the 30 year has been at or below 4% for the past nine weeks. wasserman was 77 when he passed away yesterday. then he was elected to the city council. he was major since 2004. the cause of death has not been made public. he is survived by his wife and their son and daughter. >> the story of harvey milk has been in the spotlight most recently as of interest. they say no longer ghost like, directed by jonathan himself. he will run through mid-february. he was only 14 years old when his father was murdered with milk in 1978. >> it will be interesting to see. it's 5:19. a winter trip for bay area high school trips involved in a confrontation with police. we'll tel

jackie deangeles is live at cnbc world headquarters. good morning. >> good morning, laura. futures are positive following a mixed session with the markets closing off the worst session of the day. the software maker fiszed the forecast for the first time in a decade. the asian markets slipped overnight. europe is higher. in the u.s. investors will be inundated with economic data. we'll get reports on new filings for unemployment, consumer sentiment and the final estimate on third quarter gdp or how much the economy did or did not grow this morning. bank of america will pay a record $335 million to settle civil charges that the country wide junt discriminated charging them higher interest rates and fees. the money will be distributed to 200,000 homeowners in washington, d.c. and wendy's is set to pass burger king in u.s. sales, trailing only mcdonald's. it's the first reordering of the industry leading trio since wendy's was founded in 1969. they have achieving the sales gains by upgrading menu, changing ingredients and raising prices. back to you. >> thanks for the update.

we turn to jackie deangeles live at cnbc. trading just started. where do you see us heading?q is up by 7 pn 7 points. the s&p 500 just above the flat line there. it could really go either way. this came after the monster rally that we saw pushing the dough up 490 points. that is fueled by the facts that six central banks, including the feds, lowers the cost of short-term loans to banks. they're also reacting to china's move. european central bank president signal that had the ecb is willing to take further action to help prop up the euro's economy in a speech he made today. he said the rifts have grown. they are aware of the growing problems. president obama said congress could reach an agreement to extend the payroll tax cuts. obama said speaker boehner made recent indications close to a one-year extension. and zynga is seeking a lower than expected $10 billion evaluation for the initial offering priced on december 15th. it's one of the most highly anticipated deals of the year. it could generate $900 million in proceeds for the country. back to you. >> "the "today show"" is

let's turn to jackie deangeles live at cnbc headquarters. jackie, good morning. >> good morning to you. the futures are lower as wall street comes off a second week of gains. the wall street closed near highs on friday boosted by a strong consumer sentiment report and relief over the late plan to try to resolve the nation's debt crisis. asia was higher overnight. europe was in the red today. this could be the last real busy week for data in the u.s. before the holiday season. we have the federal reserve meeting tomorrow. we're going to get reports on retail sales, unemployment and inflation as well. watch for those this week. the dow rose 186 on friday to close at 12184. the nasdaq gains 50 points to close at 2646. fed-ex will be running at full speed on what's projected to be the businessest shipping day of the year, possibly in the company's 40-year history. they plan to ship 17 million packages across the global network. double it will average daily volume. in order to get your gifts to their destination by christmas, you need to make sure

for a look at how futures are trading, we turn to jackie deangeles live at cnbc world headquarter headquarters. >> good morning to you. the rally has been triggered by the surprise analysis by the fed and other central banks of lowering the cost of short-term loans to banks that could have been hit hard by the mounting debt crisis. the markets were impacts by positive u.s. economic data on jobs and manufacturing. we'll get more data like that out this morning as well. the dow jumped 490 points on wednesday to close at 12,045. the nasdaq was higher by 104 closing at 1620. credit cards are making a comeback just in time for the holidays. we saw it falling as budget conscious consumers switched to debit card and cash. they did rise the quarter for the second straight quarter. and harry potter is taking his skills to southern california. nbc universal plans to add a section devoted to the popular franchise based in l.a. it will be similar to what we've seen in universal, orlando which has two roller coasters and some of the theme's restaurants. nbc could take potter overseas to japan, singapore an

for that we turn to jackie deangeles. >> the futures are higher. it's expected to show companies increased hiring in november. the forecast is calling for 125,000 jobs to have been created versus 80,000 in october. stocks closed mix on thursday as investors took a pause following wednesday's huge rally. the dough slipped 25 points. president obama and former president clinton are set to announce a $4 billion commitment by the federal government an or companies to make buildings and factories more energy efficient. we could see that over the next several years. finally, general motors is offering to buy back chevy volts from owners who fear firing as they look into the electric vehicle's battery. the safety probe comes after crash tests resulted in sparks and fires from battery packs days or weeks after the test. >> it is 5:18 right now. major changes coming to a legendary bay area radio station. they will all be off the air starting on monday. that is so kgo can go to an all news format. they own four stations in the market. including knbr. they wa

for that and the rest of your nears before the bell, we turn to jackie deangeles live at cnbc world headquartersorning, jackie. >> the market is higher on the back of the big dmik data of the day. that was the november monthly jobs report. we saw payrolls up, coming in lower than expectations of 125,000. now the october number was also revived up to 100,000 from 80,000 as well. the unemployment rate is revised down to 8 .6%. most were expecting it to hold steady at 9%. 8.6% is the lowest level since 2009. the german chancellor vowed today to suspend the euro. excuse me -- she vowed to defend the euro in terms of the mark. she said it wouldn't have been a better solution. the says europeans are facing a long and hard marathon to get back on track to restore credibility. she said resolving the debt crisis is a process. and it could take years. and research in motion saying it's going to take a big charge in the third quarter to write down the value of the poorly received playbook tablet computer. the company no longer expects to meet your forecast for the next year. up to $6 a share. the shares ha

for more on what to expect pfr the opening bell ring this is monday morning, let's turn to jackie deangeles live at cnbc headquarters. >> wall street is coming off a down week as stocks snapped a two-week win streak. there's a fair amount of economic data as well. we'll get reports on housing, consumer sentiment and personal income as well as the final estimate of the third quarter gdp. the dow slipped two points to close at 11 rkz 866. the dow fell 2.6% last week. the nasdaq rising 14 points on friday to close at 2555. it fell 3.5 pk on the week. this thursday will be the busiest shipping day of the year with an estimated 26 million packages. ups is expecting to process 25 million pack jjages on ere day this is week. they credit online shopping for the big boost to the business. >>> and groupon is thinking locally. they are offering a $10 credit to the first 150,000 people who buy a local groupon by christmas eve. amazon is giving a $5 discount to find a lower price on the website. >> thank you very much, jackie. it's 5:18. we've seen a lot of economic woes. they will lose $980 million in

for more on that, let's turn to jackie deangeles. >> good morning, laura. futures are high this morning after fears sparked a selloff. both closed down on continued uncertainty. overseas asian markets were lower. european markets were higher. and those figures are expected to show an up tick in the number of americans out of work. on the roads a record number of vehicles earning the highest marks for safety. the insurance substitute for highway safety gave 115 vehicles the top crash test rating. every major car maker had at least one vehicle with the top grade. one reason for the marks this year, manufacturers redesigned the roofs of their cars to make vehicles more able to withstand rollover crashes. and if you still haven't finished your holiday shopping for the kids. you might be in luck. toys "r" us saying all stores will stay open for 112 straight hours next week. the retailer also planning to offer up some special sales, deep discounts and free gift cards so watch for those. that's it at cnbc. back to you, laura. >> i get the employees are sleeping in

for more on that and the rest of the news before the bell, we turn to jackie deangeles live at cnbc world headquarters. >> good morning, jon. the futures are higher after the markets sold off yesterday. there was an initial positive reaction to the italian bond auction. that faded as the your oeuro st to drop on continued worries about europe's debt crisis. a separate auction of longer term italian debt has failed to move the needle in terms of the markets. asian markets fell overnight. europe flat. we'll get data in the u.s. on unemployment, manufacturing and pending home sales. we saw the dow drop to close at 12,451. the nasdaq closing at 2589. peanuts no longer costing peanuts. prices have tripled due to scorching heat and drought conditions. production is set to be 12% lower, pushing global peanut inventories to a 14-year low. and the new york times is a bit in the red. the paper thought it was sending out a few hundred e-mails offering them e-mails to consider canceling their subscription. the times first claiming it wasn't from them, it was spam. a few hours later the paper admitted

for more on that, let's turn to jackie deangeles live at cnbc. >> futures are a touch higher after yesterday's selloff. the u.s. markets fell 1% across the board. stocks dropped on a profit warning that says sales will be impacted by supply shortages. investors are thinking that the deal that they struck may not be that pods. we saw asia fall overnight. europe was a touch higher. and we'll get business inventory. the dow dropped yesterday 162 points to 12,021. the nasdaq lost 34 points to 2612. and some good news for you procrastinators. i happen to be one. a new survey by the national retail federation finds most online stores are extending their drop date to have your gifts delivered by christmas. nearly 90% set the date at december 20th. don't wait longer than that. most retailers say free shipping offering ends. no ifs, ands or buts on the 20th. you can't forget toy stores. there's no hit toy this is year. that's leaving stores to stock less inventory and lean on the classic items instead of the new ones to drive sales. we'll see potentially less discounts. a recent sur fa says parents are