market and job situation improving pretty much every day. andrew stevens, thank you for that. >> reporter: thanks, christine. china's financial markets and slowing economy is a huge cause of market panic. another contributor of oil prices making moves. they are bouncing back, but below $40 a barrel for the first time since 2009 in the middle of the global meltdown. supply is booming and slowing growth hits demand. i want to bring in john deflatriots. i want to ask you where oil prices are headed at this point. >> reporter: alison, i'm watching that index carefully. they leading indications for demand. china takes in 10 million barrels a day of oil. china leads the asia pacific