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Detailed text transcripts for TV channel - CNN - 20161215:14:30:00

reserve just did was make borrowing money more expensive. but by raising rates the fed is basically showing it believes the economy is getting stronger. so now going to turn back to the dow which is within spitting distance of 20,000. a milestone. you know what, carol? even if it doesn t take that milestone this year the dow had a fantastic year so far. the dow is up 13.5% this year. and we ve still got a few weeks to go before 2017 and as the opening bell ring the dow is beginning in the green. looks like investors shook off the cobwebs and got right back into it. all right, alison kosik reporting live from the new york stock exchange. thank you. > and good morning, i m carol costello. thank you so much for joining me. donald trump s team bristling at sharp accusations coming from the white house. president obama s press secretary saying the president-elect must have known that russia was interfering in the election and doing it to

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