Oil price gains for December are already 10%, which would be the strongest performance in the final months of the year in six years. Oil prices are edging higher on an expected decline in U.S. crude oil inventories. A stockpile number could drive energy companies higher and perhaps lead the Dow Jones Industrial Average to cross the 20,000 milestone.
Nike's (NKE) - Get Report profit rose on strong sales in the United States and China. The sports apparel retailer also sees basketball demand coming back. The company's revenue was up 6% to a better-than-expected $8.2 billion in the quarter.
The Amazon (AMZN) - Get Report Echo and Dot are both sold out. The next batch of the larger Echos won't arrive until January. The Dot is expected to be back in stock sometime next week. Amazon has offered deep discounts on the devices since late November.