i'm sharon epperson in tonight for sue herera. >> welcome. i'm tyler mathison. the two-day federal reserve meeting began today, a day that saw broad-based stock market gains and a rise in oil prices. that as you might expect helped lift the energy sector. by the close the dow jones industrials were up 156 points to 17,524. the nasdaq added 43. and the s&p 500 was up 21. bob pisani as more on today's gains ahead of tomorrow's big meeting. >>> stocks hadck positive day, though they came off their highs towards the close. a big help was the two biggest problem sector, oil and high-yield bonds, both behaved themselves today. it also helps we're entering a traditionally seasonably strong period of the year and this is the time tax selling usually abates. there's a problem though -- the fed. most traders accept that the fed really wants to start raising rates. that's not so much a problem. the issue is how fast will they raise the rates. most expect the fed to say they'll raise rates very, very sloefl. the concern is the fed's chair, janet yellen, inadvertently or not

i'm sharon epperson. >> and i'm tyler mathisen. we'll see you tomorrow.an: and how much are you still looking to raise? two hundred and forty-seven pounds. i see. we realize, of course, it is a lot of money, but if you really want to make a difference... although we'd be grateful-- you see, the donations we receive at mass have started to dry up. the congregation have been very generous-- if they don't want the roof to fall in on them, they're going to have to dig a little bit deeper. well, this is exactly the sort of cause i'd like our new fund to support. i'm sure we'll be able to make a significant contribution. oh, thank you. it's the least i can do. your church plays an important part in the local community. thank you. uh... uh, what exactly do you mean by "significant contribution?"

i'm sharon epperson in tonight for sue herara. >> and welcome from me, as well. i'm tyler mathison. we begin tonight with earnings from the hottest dow stock of the year, nike. the world's largest the world's largest sportswear maker continued to see strength in its north america and chinese operations. reporting earnings of 90 cents a share, that was 4 cents better than estimates. revenues came in at nearly $7.5 billion for the quarter, just shy of expectations but about 4% higher than last year. shares rose in initial after o nike's ding adding 37% gain so far this year. sarah eisen digs deeper into nike's results. >> reporter: nike is firing on all cylinders. few highlights from the quarter, china remains a bright spot for this company. nike posting 24% sales growth in the region and a very strong outlook when it comes to future orders. this despite a slowdown in the chinese economy. nike continuing to see double digit gains there. in fact, ceo mark parker told me a few months ago, he doesn't see any sign of the economic weakness reported in the numbers. but like any global compa

i'm sharon epperson in tonight for sue herera. >> and i'm tyler mathisen. good evening, everyone. a flip-flop day in the market. more on that in a moment. we begin tonight with a reported merger that would create a chemicals powerhouse. according to reports, two of america's oldest companies, dupont and dow chemical, are in advanced merger talks. both have market values around $60 billion, and the deal will likely be billed as a merger of equals. the "wall street journal" reports the combined firm would then split into three focused on agriculture, speciality chemicals and materials, and that sent shares of both companies soaring. both dow component dupont and dow chemical rallied about an equal amount, a little less than 12%. if the deal goes through, it would cap a tumultuous year for dupont, whose ceo stepped down in october after winning a proxy battle waged by an activist investor. and a merger would be one of the year's biggest. >> reporter: why? why would dupont, founded more than 200 years ago, and dow, more than 100 years old, the top two suppliers of industrial chemicals

i'm sharon epperson. >> and i'm tyler mathisen. we'll see you tomorrow.nnouncer: "imagemakers" is made possible by the members of kqed. adult billy: it may look like any other suburban house, but from inside these four walls, men set out on epic journeys that saw them circumnavigate the globe, find the lost tribes of ulladulla, capture pirate treasure ships on the spanish main,

i'm sharon epperson. thanks so much for watching. >> and thanks from me as well.er mathisen. have a great evening, everybody. and we will see you ba. ♪ >> announcer: the following kqd production was produced in high definition. ♪ >>> calories, calories, calories! >> wow, it rocked my world! >> it just kind of reminded me of boot camp. >> i don't know what you had but what i had was great. >> it almost felt like country club food to me. >> don't touch. it's hot! >> i gotta tell you, you people are getting me all e

i'm sharon epperson in tonight for sue herera. >> and i'm tyler mathisen.il and gas in focus to start this holiday shief short epd trading week. brent crude prices hit their lowest level in 11 years. american crude domestic flirted with seven-year lows. those low oil prices are pressuring gas prices which today according to aaa fell below $2 a gallon nationwide on average for the first time since 2009. that's the depths of the great recession. to put that into perspective, that price is cheaper than a gallon of milk and a dozen eggs. and as jackie deangelis reports, that's saving americans a lot of money. >> reporter: the world is awash with oil, and prices continue to decline. the theme of lower for longer expected to last well into the new year. it's a problem for big oil, energy companies and the stock market. but it's been a boon for consumers. as predicted by aaa, the national average for a gallon of regular gas has fallen under $2. more than 2/3 of u.s. gas stations are selling gas below that price. translation -- americans have saved more than $115 b

i'm sharon epperson. thanks so much for watching. >> and thanks from me as well.er mathisen. have a great evening, everybody. and we will see you ba. ♪ [roadtripper #1] this summer, i am going on a six week road trip [roadtripper #2] and talking to really cool people [roadtripper #3] who have really connected their passion to their career. [roadtripper #1] so we are going to talk to glynn washington, the radio host of snap judgement. [glynn] when you get to a foreign environment that essentially reduces you to infantile status, you take in the world in a whole different way. [roadtripper #3] we are kinda on this trip because we are looking for the next step in our life. whether it's career and like where to go with that. [leader #1] yeah, that's inspiring. what a beautiful place to be. [female narrator #1] roadtrip nation is made possible by... [male narrator #1] autodesk, providing software and resources for tomorrow's designers and engineers to solve today's challenges. hobsons. providing solutions to educational institutions that help students move successfully

i'm sharon epperson. thanks so much for watching. >> and thanks from me as well. have a great christmas eve eve, everyone. we'll see you tomorrow. announcemajor funding for "quest" is provided by... sethi: without water, life as we know it wouldn't exist. our earth's oceans, lakes, and rivers aren't only cradles of biodiversity. they also play an essential role in regulating our climate, creating the oxygen we breathe, and quenching the thirst of our growing population. but the health of our waters is declining worldwide, and human activities are to blame.

i'm sharon epperson. thanks so much for watching. >> and thanks from me as well. have a great christmas eve eve, everyone. we'll see you tomorrow. it's from sister bernadette. "thank your father for his kind letters." jimmy: ladies, this is alec jesmond, my colleague. this is jenny, whom i've known forever. hello. camilla, we've got a little boy. hello, little bean. my ultimate goal is to take you out. could i trouble you for some clothes? have you none here? only the habit, and i don't feel able to wear that now. we keep strange hours at nonnatus house. do you know where they'll go after the demolition? demolition? this is from me and somebody else. "please, will you marry my dad?" announcer: funding for "call the midwife" is provided by contributions to your pbs stations from...

i'm sharon epperson. thanks for watching. >> and i'm tyler mathisen.eat weekend, everybody. we'll see you monday. ♪ >> what's happening to this election? is donald trump knocking the g.o.p. off track? or leading it in a new direction? tonight, on "washington week." trump mania. >> donald j. trump is calling and complete shutdown of muslims entering the united states. country's representatives can figure out on. the hell is going don't worry about profiling. i promise, i will defend you profiling! >> are you a bigot? >> not at all. probably the least of anybody you've ever met. >> he steals headlines from other candidates who long for the attention. >> donald trump always plays on everyone's worst instincts and saying we're not going to let a single muslim in this country is a dangerous aboreaction in it's not

i'm sharon epperson. thanks for watching. >> and i'm tyler mathisen.eat weekend, everybody. we'll see you monday. ♪ last week peter offord, a 43-year-old plumber, was arrested on suspicion of a warehouse robbery in wembley, but his d.n.a. didn't match any found at the scene. however, it did show a link to a man found strangled on a tube train, here, in march, '96. the dead man's identity has never been established. until now? it turns out peter offord was that murder victim's son. yeah? how did he react to that? never knew his dad, apparently. he was brought up alone by his mum. but i don't understand. if this fella died on the tube, then surely this is one for british transport police. yeah, well, since 2002, the commissioner and the transport police chief constable confer on such cases, and it's been mutually agreed that u.c.o.s. should take this one on. what she means is, it's been dumped on us. any scene-of-crime photos? no. list of suspects? no scene-of-crime photos, no list of suspects, and we don't even know the victim's name. well, what happene

>>> i'm sharon epperson and here is your cnbc news update. afghan forces battling taliban fighters.cement and nato military advisers were rushed in to stop another district from falling into insurgent hands. >>> hk responded to donald trump's use of vulgar language earlier this week during an interview with "the des moines register." she said nothing from the trump campaign surprises her anymore saying trump has no boundaries. >>> a new zealand judge resulting that kim.com and three of his colleagues can be extradited to the u.s. dotcom's lawyers say they will appeal. the ruling comes nearly four years after the u.s. shutdown his popular file sharing website. >>> and a middle school food service worker in idaho was placed on leave after she gave a hot lunch to a 12-year-old she said was hungry and had no money. she says she was informed by the school district she had been fired even though she offered to pay for the $1.70 meal. that's the cnbc news update at this hour. back to you, mandy. >> what's the world coming to. >> i know. >> thank you very much, sharon epperson. >>> stocks a

i'm sharon epperson. becky will be back next week. >>> next week, surprise your pet with the perfect present. we will have holiday gift ideas for your dog or your cat. keep it here on the money. we will see you next weekend. >>> we're live at the nasdaq markets on a stunning day for stocks. so shocking, even mike is at a loss for words. while the guys are getting ready behind me, here is what is coming up. >>> that is how some big traders are planning to beat the market. and we'll tell you the long-shot bets they see paying off. >>> plus not sure what to do with your portfolio, we have a stock that could do well in up markets and down ones too. and here is a hint. >> here's johnny. >> we'll break it down. >>> and chipolte shares continue to see pain as e-coli outbreak spreads and one analyst said it is about to get worse. she'll explain what it is that has her so worried.

i'm sharon epperson. becky will be back next week with some of the newest tech gadget s for the new year. each week keep it here. we are "on the money." thanks for joining us. we'll leave you with a look at some of the people who put the show together every week and

i'm sharon epperson. becky will be back next week with some of the newest tech gadget s for the new year. each week keep it here. we are "on the money." thanks for joining us. we'll leave you with a look at show together every week and red rock. teams... death. no relief in sight. what more could be on the way for residents in the south... following days of deadly tornadoes and flooding. off-duty officers open firereon a suspected burglar... but they were wrong. who the person turned out to be. you're watching 8 news now weekend edition with patranya bhoolsuwan. the news of southern nevada is now." ((patranya bhoolsuwan)) > good morning... i'm patranya bhoolsuwan. two people are dead following an overnight crash. it happened just before midnight... near charleston and mojave. metro police say a sedan was traveling west on charleston when the driver lost control... hitting a pole.

joining us right now, senior personal finance correspondent, sharon epperson, and real estate reporter, diana olick. sharon, the first question people have is trying to figure out what it means for credit cards. how quickly do those rates rise? >> you know, steve talked about the fed funds rate and the prime rate. credit card rates tied to that. so you're definitely going to see an impact. now is the time that you should start opening those bills and actually reading what the rate is on them, and trying to figure out if you can pay that down as quickly as possible. it really only affects you if you are carrying a balance month to month, which you shouldn't be doing anyway. but if you are, you may want to look and find right now if they're still offering zero percent balance transfer offers, you want to take advantage of that and get that -- all that credit card debt moved over to one of those. >> a lot of that went up overnight, though? as soon as the fed acted? >> diana, obviously, interest rates, people start thinking about mortgage rates, a home purchase is usually the biggest asset

i'm sharon epperson. will be back next week with some of the newest tech gadget s for the new year. each week keep it here. we are "on the money." thanks for joining us. we'll leave you with a look at some of the people who put the show together every week and made 2015 such a great year. ♪ >>> good morning, america. breaking overnight, killer tornadoes. a reported half dozen twisters carving a path of devastation right through dallas. >> that's it. that's a tornado! >>> hundreds left homeless, at least eight people killed. >> all you heard was just debris hitting the house, hitting the house. >> and the danger is far from over as more severe weather is on the way on this huge travel day. gma on the ground. >>> new shooting outrage. police taking aim at a teenager kill an innocent bystander. >> why do police have to keep killing our youth? something needs to be done about this. >> tension rising. the new questions this morning for a police department already under fire >>> terror tape. the leader of isis

i'm sharon epperson. will be back next week with some of the newest tech gadget s for the new year. each week keep it here. we are "on the money." thanks for joining us. we'll leave you with a look at some of the people who put the show together every week and made 2015 such a great year. ♪ >>> right now on "nbc10 news today," the death toll continues to climb after tornadoes ripped through texas. this morning, neighbors are assessing damage northeast of dallas. >>> it's over for the eagles. a loss at the linc ends their playoff hopes. >>> we could shatter more records for wintertime warmth today. here's a live look outside. we'll tell you how long it will last and when the cold will return in the first alert forecast. i am rosemary connors. it's 5:30 on this sunday. as

>>> i'm sharon epperson and here is your cnbc news update at this hour.th korean leader kim jong-un says his country has developed a hydrogen bomb. a step up from the less powerful atomic bomb. it's thought to be the first time he has made such a claim. the white house says it doubts north korea's claim. >>> a pentagon spokesman says coalition air strikes have killed the islamic state's finance minister and two leaders in recent weeks. the finance minister is claimed to have been killed. >>> gop presidential candidate marco rubio campaigning in iowa holding a town hall in des moines. he told veterans he'd make sure american troops always have superior resources and strategy in any conflict. he also promised extensive reforms of the veterans administration. >>> members of the tu nearbien national dialogue quartet which helped build democracy after the revolution collecting the nobel peace prize in oslo. they were awarded $960,000 in prize money. that's the cnbc news update at this hour. back to you, brian. >> all right, sharon, epperson, thank you very muc

our sharon epperson. is today's huge drop in home sales a major red flag for housing. a lot of interesting things in that report. >>> also ahead, biogen has been the worst performing large cap biotech this year, we will debate whether it could be the turn around play come 2016. right after this. (vo) me? i don't just wait for a moment. i watch for the perfect moment. the one nobody else sees. and when i find it- i go for it. (announcer) at scottrade, we share your passion for trading. that's why we give you the edge, with innovative charting and trading features, plus, powerful mobile apps so you're always connected, wherever you are. because at scottrade, our passion is to power yours. >>> "closing bell" logo in the ice rink. i don't think that's real. let's take a look at how we finished the day on wall street. you should go ice skating down there. it's a great experience. the dow is up 165 points today, good for a 1% gain, the s&p 500 added 17 points, the nasdaq added 32 that was good enough to finish back above 5,000. >>> last hour we were talking about forward. th

sharon epperson. >> here is what's happening.sheeb ba plans to cut 7,800 jobs as it reorganizes in the face of projected record losses of around $4.5 billion. that's about 3% of its total work force. this is occurring in the aftermath of a major accounting scandal which has systematic overdated profits. >>> the nfl has suspended odell beckham jr. for one game in his conduct on sunday's loss in carolina in which he drew three personal foul penalties, he will miss next sunday's game in minnesota. >>> gop presidential candidate marco rubio campaigning in new hampshire holding a town hall before stopping by a local diner to greet voters. he will spend two days in the state this week before taking a holiday break. >>> and president obama will be jerry seinfeld's first guess when the seventh season of his online talk show opens december 30th. the two spoke at the white house earlier this month chatting in a basement dining room over, what else, a can cup of coffee. that's the cnbc news update at this hour. back to you, kelly. i can't w

our senior finance correspondent, sharon epperson, explains the real impact the fed decision may have on your finances. let's start with savings accounts. wells fargo says, you know, it's not going to increase the rate on your savings deposit. why? why is that not automatically -- >> it's not tied to the prime rate. as tyler mentioned, the prime rate is really what we're watching here, and anything that's tied to that, you're definitely going see an increase, but that's not true of savings accounts and deposit accounts, so you're not going to necessarily see that rise in interest rates, and we are looking at rates on savings at very, very low levels still, and that may continue for some time. and then the other bad news, i must point out that as they do start to slowly rise, you may see fees rise as well, so it may be a wash. >> i forgot about the fees. >> can't forget about the fees. >> ty? >> you know, sharon, the biggest purchase most americans make is their home. how is this little mini rise in rates likely to affect rates on mortgages and maybe even more telling like on home equi

thanks, sharon epperson. keeping an eye on stocks, turning higher. if they hold, it would break the losing streak. the s&p 500 up .03%. he just put out his 2016 outlook today. this is a change from you. you have been pretty optimistic and pretty positive among wall street economists. are you changing your mind? >> for me, the tide has turned. i see growth next year of about 2.2% on a year over year basis. it is down 50 basis points from where i have been. growth staying around 2% hopefully. it is at least 2. there are risks with the up side and the down side. i have been accentuating the risks. >> they are doing the fed's job, essentially tightening policy and hurting our economy. >> the fed is going to be hiking rates into a profit recession. >> is that the pabasis of your more negative outlook. >> they showed the best year for growth was 2010 at just 2.7%. after those revisions, it is clear the best we could do is 2 something. with all the q.e., with recession and manufacturing, you have to be more cautious. that's what my view now reflects. >> dav

. >>> i'm sharon epperson. here is your cnbc news update. gop presidential candidate marco rubio calls russian president vladimir putin a thug and a gangster. during a new hampshire town hall meeting, he took a swipe at rival donald trump saying he wouldn't like fit putin threw praises his own way. rubio says he would bring cold reality to u.s. foreign policy. >>> heavy overnight rains caused flooding, more flooding in and around columbia, south carolina. several downtown roads were closed. the water receded after the rain subsided in the morning. >>> ups says it expects to deliver some 36 million packages just today. they expect to deliver more than 630 million items from black friday until new year's day. that's a 10% increase from last year. >>> and mcdonald's is trying out macaroni and cheese at some locations in ohio. it costs $1.75 and contains 190 calories. about the same as a four piece chicken mcnuggets meal. according to the fast food giant, it is made with real cheese. that's the cnbc news update at this hour. you would eat it? >>

but sharon epperson is covering it all for us from the news desk. >> tyler, president obama has been briefed on the situation. this is what we know. the los angeles unified school district closed all schools after it received an e-mail threat to students safety. the district superintendent says the threat was against students not just a single school and a school spokeswoman says the threat was sent via e-mail to a district board member from an internet address in frankfurt, germany. keeping in mind, it is not that difficult to fake an internet address or create a fake one, but l.a. officials say the san bernardino shooting on december 2nd influenced their decision to close all schools in the l.a. school district. it is the nation's second largest school district with more than 640,000 students and 900 schools. new york city actually received the same threat but determined it was a hoax and mayor bill diblasio said he was absolutely convinced there is no danger to school children in new york. meanwhile, l.a. mayor eric garcetti said it is premature to make judgements. we're awaiting

i'm sharon epperson in tonight for sue herera. >> and i'm tyler mathisen. welcome, everybody.l, call it an oil-fueled rally. investors rushed in to equities on this last full trading day of the week. it's the third straight dayf

time for a cnbc news update with sharon epperson. >> a car bomb explosion that was claimed by the taliban hit a diplomatic area of central kabul killing a spanish police officer and wounding seven civilians, an afghan official said the car bomb struck in an area with embassies and other diplomatic builds, two attackers were killed. thousands attending a service for one of the victims of the san bernardino shooting rampage, a memorial was held this morning for 58-year-old damian meins in riverside, he was married with two children. >> the federal trade commission is asking for more information about walgreens $9.4 billion plan to buy rite aid, a sign that regulators may have concerns about the deal. it said it expected the request. >>> and the u.s. pregnancy rate has hit an all time low. the data is from 2010, the most current year available, abortions also hit a record low but pregnancy rates in women over 40 increased. that's the cnbc news update at this hour, back to you. >> interesting. >> i'm not -- i'll let you two talk about it. >> i know a lot of pregnant women so i was surprised t