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month and dropped more than 12% since the all-time high in october. gerri willis what are you shaking your head about? we ve been up and down like a roller coaster ride. normally at this time of year, what traders expect is what they call a santa rally. a trader said, santaernedbecaus economy is going to recession and that is going to clip the growth of the u.s.a. as we look at this, oil also down. crude oil down. futures down 7%. crude oil trading at 45.95 before the close. we were just at $60 not long ago. two months we were talking $100 a barrel. big turn around there. i was asking people, why did the dow go negative in the middle of the day. they said nobody would make a commitment overnight as we wait
who spent time in that prison where he is being held today. we ll talk about security in the days ahead. william, thank you very much. jon: now this fox news alert out of philadelphia where officers are being warned not to patrol alone in the wake of the ambush of an officer there last week. reportedly police told about three radical associates of the terror suspect who are still at large. edward archer, charged now with attempted murder. police say he pledged allegiance to isis shortly before shooting officer jesse hartnett in his patrol car. officer hartnett is recovering from serious injuries at a philadelphia hospital. coming up later this hour we ll speak with danny coulson, former assistant director of the fbi about this threat and the ongoing investigation. jenna: a little bit what is happening in the markets now. fox news business alert. all eyes on the dow as stocks try to rebound from the worst week in four years. you see the dow is trading lower. a lot has to do with oil pri
indexes in china and japan are lower. u.s. futures are taking a note. and volume today is likely to be light. the markets close at 1:00 p.m. eastern today and closed tomorrow. a breather is not surprised with the trade considering the dow surged 185 points yesterday. that marks nine straight days of triple digit moves for the dow, but the index is still negative for the year. the s&p 500 is back in the black. the key to the markets comeback in recent days, stabilization in oil. crude oil trading above $37 a barrel. good for consumers. not great for the markets. absolutely. controversy this morning after a disneyland bound muslim family is barred from entering the united states. were they targeted because of their religion? next.
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