bloomberg, terry duffy, cme group chairman in the 8:00 hour. futures up for. , 39.49 on crude.rintest texas give a 38 sometime today? stay with us. ♪ jon: hello and welcome back. this is bloomberg "surveillance," tom keene in new york. tom keene has the morning must-read. tom: driving in from newark airport last night, the empire state building in new york jets green as the jets beat the giants. let me look at a morning must-read from michael r bloomberg. principal founder and majority owner of bloomberg lp, this is mike writing on the meeting that i attended in paris. not effectively allocate capital without whichle information about and to what extent companies are exposed to the shifts in what we do about climate change. i was really taken aback at the paris meetings over the granularity, the micro economics and to do it this of these principles. it was much less than i expected and much more like robert effort about what can we do. jon: what interests me is this is not just on the politicians' radar. it is an economic reality for investors and for some of you with james, he

liz: terry duffy, cme group executive chairman and president. a reminder, fox business' live coverage of the fed decision begins at 2 p.m. eastern followed by instant analysis right here at 3 p.m. eastern, immediately following fed chair janet yellen's news conference. i need everybody -- you guys, even if you're not home, dvr, tivo it, whatever you've got, because i'm going to be live from the new york stock exchange with the traders. where do you think we're going to see the biggest moves? possibly financials, right? we have the top banking analyst, he's going to be with me, a star-studded group of people who will help you trade right through it. >>> closing bell, we are about 38 minutes away. santa claus can't possibly fit all those toys in his sled, so instead of elves he's counting on our buddies at the u.s. postal service. we are going to take you live to denver where alicia acuna is going to el you how the postal service plans to give santa a helping hand. >>> and some of those hoverboard makers on the naughty list. guess what? our guy, t

terry duffy will be with us for the rest of the hour. you are watching "bloomberg ."o win last year -- last night and he couldn't make it happen. sorry. ♪ david: welcome back to bloomberg . the president of the cme group is still with us. what time is it? stephanie: time for first word news. topresident obama try reassure critics last night. he called the shootings a new phase in the fight and repeated calls for tougher gun laws. demanded venezuela change. the opposition scored a landslide jury yesterday -- victory yesterday. more than 3000 people remember the americans killed at pearl harbor. the u.s.hat brought into world war ii. back to you. following the ecb meeting last week it is time to talk market positioning and central-bank expectation. thank you for joining us. , let me ask you about the u.s. fed. r there any data points that we should be watching that might mind?e janet yellen's lin >> i think it is all the baked in the cake for next week. we are expecting a 25 point -- basis point hike. barring what could be an week, we arey weak all but set for the f

we will hear from terry duffy.f tumbling after ge pulls the plug on a $3.3 billion deal. we will look at what the regulatory concerns were that ultimately killed the deal. we are about 90 minutes into the trading session. the markets desk. it is really the energy shares pulling the index is down. >> definitely. we are seeing an acceleration in the losses over the past few hours. we are seeing session lows for all of our markets. the s&p 500 is down by nearly 1%. the dow and nasdaq not too far behind. we are actually giving up most of the gains we got from last friday and that good jobs report for november. energy is still the biggest laggard. down by about 4.6%. it's all energy securities. the williams company is down by about 12%. not doing well at all. betty: consumer discretionary is moving up. right now it's at a flat line. i have to tell you about one standout. that's with keurig. keurig green mountain company is basically the best performer in consumer staples and in the s&p as a whole. it will be inquired by

terry's interest in politics started back in a junior high civics class. he was inspired by one of his teachers. her personal favorite items that are on display include the duffy cartoons, she says the kids that come through enjoy governor branstad's elephant collection. 23:03 i try to stress upon them, he went to school here. he graduated here and look what he became, he became the governor, if you work hard you can become something really big too. governor branstad enjoys having some of his history showcased here, everything from photos from his first trip to china.. to some of the gear he wore when he was in the military. as branstad's tenure as iowa governor now makes record- setting history, the historians in charge of this room hope more and more people come by to visit it, so they can see for themselves some of the peices and experience the same sense of dignity they feel for their hometown boy, turned governor. 26:30 a lot of pride, very much pride. amanda: evening is a who's who of iowa politics... to give you an idea of who will be speakint tonight... former leanard boswell, senators chuck grassley and joni ernst, governor scott walker from wisconsin