than 260 points, gaining more than 1%. asian markets appeared to take it all in stride. the nikkei closed down. the shanghai and hang seng were both up slightly. so clearly there is volatility in play. our alison kosik has more on what to look for down the road. reporter: hey there. stocks staged a huge comeback. the dow erased a 611-point decline, closing up 260 points. it is an almost 900-point swing, a day after the dow made history, jumping more than 1,000 points. the trading session was marked by heavy volatility as has been the month of december. the dow has made triple digit moves in 12 of the months 18 trading sessions. the year-end gyrations come after heavy stock losses in the market overall. the dow was down thousands of points from its october peak. the nasdaq is not far from a bear market. that s a 20% drop from a recent high. year-end positioning is responsible for a lot of the
are sending stocks to a triple digit decline. it s hoping the month of december earn a spot in wall street history but not in a good way. u.s. markets are on track for their worst month since the depression. we did see stocks down as much as 600 points today. they are clawing their way back but still in negative territory. what are seeing in this final hour of trading? this is the hour yesterday where we saw that major surge in the dow when it closed over 1,000 points higher. this pullback today is natural after that massive move by the dow, but it certainly magnifies the volatility that s prevalent in this market right now. 11 of the 18 sessions just in december, there were triple digit moves on the dow. it just highlights how volatile it s been. these year-end gyrations come after miss of moves downward for all of major indices.
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.
the dow surged 185 points yesterday. that marks nine straight days of triple digit moves for the dow. the s&p is back in the black. the key to the market s come back is a stabilization in oil prices. crude oil trading above $37 a barrel. christmas wish. come true. another big blow to daily fantasy sports. which state is the latest to ban the popular gaming sites over questions of legality? andy scholes has the latest in this morning s bleacher report coming up next. the flu virus hits big. with aches, chills, and fever, there s no such thing as a little flu. and it needs a big solution: an antiviral. so when the flu hits, call your doctor right away and up the ante with antiviral tamiflu. prescription tamiflu is
the 29-year-old didn t indicate a preference for a jury or a bench trial. he is facing two serious charges tore deserting his base in 2009. bergdahl is held by the taliban for five years, released last year in a controversial swap for five guantonomo bay detainees. . kentuckys new government s name be removed from all marriage licenses. the action comes following the controversy involving kim davis who was jailed after she refused to issue licenses to gay couples. officials with the aclu say her actions further complicate things because state law requires clerk s names onlesses. marketings are mostly higher around the world yesterday the dow gained 156 points. eight straight days of triple digit moves for the dow t. fax