Fireworks display was set to start on the left part of your screen. Of were going to keep our eyes trained on both of these, because were waiting to see if they will pull this off with such a drama occurring just, as i said, across the socalled plaza in that area. The fire raced up some 20 stories, torching a landmark hotel. Clearly, more than 20 stories were engulfed. First official said nobodys injured. Now reports at least 14 are hurt, but medics on the scene are saying 60 people hurt, some are burned, some have smoke inhalation, one person has had a heart attack trying to flee the scene. Evacuations, apparently, are completed. But, again, the details are very sketchy right now. They are claiming, the officials, that its 90 under control. Its important to note that some of the video on the right part of your screen is video that was taken just about an hour or two ago. So, again, they say that its under control or nearly under control. But the cause at this hour is still unknown. There was question as to whether this fire would scuttle those official fireworks displays in the dubai area of the building on the lefthand side of your screen. Dubais celebration fireworks, we are told, will go off as planned. So what were going to do is keep that camera up here. This is a live picture on the left side of your screen. Video on the right part of your screen of people fleeing the address hotel not too far from the abu dhabi building that is known as the tallest the dubai building that is known as the tallest skyscraper. I just stumbled and said abu dab but because theyre also having their fireworks display in the united arab emirates, but the story is focused on whats happening in dubai. The Economic Center of the middle east, as many call it. You know what . Lets take abu dhabi, because this is going off apparently without a hitch. Breaking news right now, abu dhabi fireworks going off at this very moment. The worlds attention on the middle east. Keep in mind gulf standard time, thats nine hours ahead, so it is midnight, midnight at this moment in abu dhabi. You sure thats abu dhabi . You can see the 2016 lights up and down that tall skyscraper there as countries all over the world ring in the new year. Wall street counts down those final minutes of trade this year, but this picture, yep, it is dubai. I was correct, that does look like the budger khalifa. Props to them they feel they can pull this fireworks scene off without a hitch considering that just under a mile or two away you have a hotel called the address that has been torched, absolutely torched. But at the moment it look like things are going off pretty well here at a time where, look, as if this didnt help the matter anyway, so much concern and a jittery global stage. Lots of worry about terrorism, about even perhaps accidents. We dont know what the cause of this is. But at the moment we are looking at that building that was engulfed in flames. You have to question how its possible if this is a modern building that supposedly had fire details put into place, how it becomes a towering inferno and how it spreads so quickly. You know, were there sprinklers that were working . Lots of details to pan out, but the good news is on the left part of your screen not too far from the fire, you have quite a beautiful fireworks display going off at the burg khalifa. Sort of at that main moment, as you see. The surprise about the fire though is, again, we still dont have numbers on injuries, but many were told are light injures from smoke inhalation, crowding the stairs while evacuating the building. One resident who has been quoted as staying on the 15th floor of the tower told of absolute pandemonium as those inside realized the building was ablaze. When you have a 63story building like that, you can imagine people jump into the stairwell ands start clogging them. Look at the fireworks display on the lefthand side of your screen. Thats epic as we see dubai is a tale of two skyscrapers in one city. The Dow Jones Industrials down 124 point, but the nail biter should be focused on the s p 500s which is trying to claw its way into the green for the year. The number to hit, 2059. We are not there. Were at 2050. So about 8. 5 points away from that. We shall see if we can get it into the green. And, look, you know, you see people rushing and scrambling to get out just two to three hours before the actual stroke of midnight happened. Very upsetting situation. Crowds are gathering outside our offices as well, huge in times square. It is a very, very crowded area. So we switch the camera on the righthand side, toggle it over to times square. This is the area between i want to say about 47th street and 42nd street. So youve got the nasdaq, you got the heart of times square, all of the broadway theaters and 6,000 Police Officers, 500 counterterrorism officers, Police Snipers on rooftops and Undercover Police everywhere. Just a sight to behold even on sixth avenue where fox business is just one block away. We saw Police Officers gathering, getting their final orders, orders to keep new york city safe where a Million People will gather. All right, i just want to quickly say as were going to turn to the markets for the moment, were going to keep our eye trained on everything, we can assure you of that. One thing you cannot call this year at least from a stock market perspective is uneventful. Traders at the New York Stock Exchange, the cme group and the nymex, were all working here. Ill start with you, keith bliss. Looking at the year that was, quite a situation where we almost felt all this drama from china devaluing its currency to molotov cocktails being thrown in greece to, of course, you know, all kinds of problems with the currencies, etc. But its kind of a flat market here. What do you expect for 2016 . I expect more of the same, and i expect more volatility, more sure. I mean, when you take a look at the year 2015 was, and you rattled off a bunch of the events we had to deal with, i was kind of doing same thing this past week, writing down all the things. When you look at the year, we had six up months and six down months. And some of the down months including august which, as you know, was the big selloff and september right on the heels of it, were actually very dramatic. I actually dont theres a lot of prognosticators and forecasters saying were going to get 810 of the s p 500. Right now looking out my window, i see more headwinds k48d keep us flat to down for 2016 than i do anything thats going to make us up go up 10 . Liz were keeping our cameras trained on the abu dhabi fireworks display, it has gone off pretty well. But on the righthand side, the blaze that is engulfing the address hotel, also in abu dhabi. Its important to watch these things because they do scrollly affect the markets. Let me go back to the months ago 12 months ago, america, when i was in davos, mid january, it was stunning to see that the swiss franc being allowed to trade, and i dont want to get wonky, being allowed to trade freely really affected the eurozone which we saw play out the rest of the year as a huge hot spot and problem. Well, one other thing that everybodys missing out on is in the eurozone remember when mr. Draghi pulled a quick one on everybody and instead of going for 25 basis points, he went for 10. And look what it did. It shot the euro up over three cents in just the matter of a days time. It gave the euro some strength again. But then we saw volkswagen, and volkswagens going to come back and really haunt them a little bit longer than most people anticipate liz wait, wait, wait, volkswagens a bigger deal than molotov cocktails in greece in july and the swiss franc . Not yet but, you know, again, thats a multicountry business. It is so large right now. It was the number one auto producer, so its going to haunt germany for some time. As we know where germany stands in europe liz okay. You know, can i bring in peter around hand owe from the nymex, because oil certainly is affected by anything that happens in the middle east, and you see what happened in the middle east to the righthand side of your screen, you have the problem at the address hotel in dubai. That is, obviously, a very, very scary situation. No word yet, so were not going to jump to the terrorism conclusion, certainly, but we will jump to this conclusion. In the last couple of hours, peter, have you seen iranian president Hassan Rouhanis tweets . He went on a twitter flurry over the past two and a half hours saying we may very well create a new Missile Program just to show the United States whats going on. And, boom, oil started to move higher. Can we just show a quick shot of the oil chart intraday. Peter . We were up for most of the day, but at the very end when things started counting down, we pulled back pretty good. There really wasnt a lot of fear off what was coming out of his mouth today. But with us being at the lows for the year, you definitely have to keep an eye on it because anytime you have any geopolitical fears coming out of the middle east, you have to worry about it jumping back. Liz yeah. And west texas was really the shocker of the year, and it kind of was a double shock. It started off in the 30s and 40s in january, then it spiked to 60. Spiked, not that much. And then west texas continued down about 30 for the year. Oil crashing, and that has affected the markets negatively, hasnt it, keith bliss . Does that continue, or do we start to see some real bottom feeders, bottom pickers who come out and say, okay, now its cheap enough . Yeah, im not so sure about that because Energy Complex is really whats been driving the market even though its become less and less of the s p 500 from a market cap standpoint. This has been a real problem with the market. Its been counterintuitive the last three months where typically the equity market trades counter to oil prices, but its not been that way. Oils been in that 30 channel, and the markets been moving up and down with it. I do want to make one point, you talk about the s p 500 trying to get back positive for the year, i dont think were going to get there. We have a massive sale imbalance on the New York Stock Exchange floor liz hold on, thats news. Just right now we ticked lore by two more points on the s p to 2048. What do you mean . Explain to our viewers what that means. Theyre buying or selling, and theyre getting the final tick of the day. Its called market on close programs. And were able to see those balances as they roll in earlier in the day down here, and were able to gauge and talk to clients and other people about what those balances look like. So right now we have a massive sale imbalance which means theres more sellers in the market for the final tick of the day than there are buyers. Unless we get some people to offset those sell orders, youre going to see the market close lower as the specialists or the designated Market Makers take those prices lower. Right now theres pressure on stocks into the close as it stands now. Liz okay, folks, keiths got the inside scoop there, a massive sell imbalance to the downside, so it looks like we wont see the s p end in the positive. Weve got 48 minutes left to see. Gentlemen, happy new year. Thank you to our traders. To all our traders all year long at the ready, we so appreciate that. As we continue to watch on the left part of our screen, this is one long fireworks display. Were now 1 the minutes in 12 minutes in to the big fireworks display at the taller skyscraper on the planet in dubai. To the right, the fire, the blaze. Flaming chunks of debris falling from the top of the address hotel. Thats 63 stories. The blaze started about two and a half, three hours ago. And were hearing different reports so, again, i stress were not sure on the actual hard numbers, but 60 injured. Officials say 14. Im not believing them because they said it only went 20 stories. That doesnt look like 20 stories to me. Look like that to you . Looks much higher than that. But again, thats video. They say its 90 under control. I want to bring in dan bonn gene know, well versed in all kinds of terror and concern, well versed in security as a u. S. Secret Service Agent for president s bush, clinton and obama. Hes also a veteran of the nypd. Dan, thank you for joining us. As we superimpose what were seeing on the right part of our screen with relative calm, certainly, and excitement in times square. What does a fire with unknown cause in the middle east like that do to the psychology of nypd right now . Well, theres no question its got them thinking. Until we can find out what, you know, what caused this fire, was this some type of an incident, was it some type of a distraction, was it designed this is important was it designed, liz, to scoop up Law Enforcement and fire assets in one direction to create a potential incident or another, or was it just innocent . Was it just someone who dropped a match on a rug . We dont know, and its the uncertainty, i think, which government bothers bothers them the most right now. Liz i am so glad you brought that up. Ive worked local news so many years, my kids are accusing me of being way too cynical. Me too. Liz first thing i thought, dan, was you know what . I betcha that if terrorists were smart, and we know they are, they would try and create a distraction. And be as you put it, soak up, soak up what you expect all the firefighters and police would be doing. And thats to be on the lefthand part of the screen, at the official fireworks display. Right. I mean, in the secret service we have, we used to practice what we would call an aop, assault on principle exercise, that was modeled around the malcolm x shooting where what happened at one end of the rope line was malcolm x was working the crowd. Someone created a distraction, everybody looked, but the shot came from the other direction. Terrorists know this as well. If you can create a distraction in area a, take the resources from area b, area a is left liz naked. Exactly. Next thing you know, the public is exposed where they shouldnt have been originally. I dont think youre wrong in thinking thats a potential possibility. Liz well, brussels canceled its new years eve official celebration. They had to. They had all kinds of intel that indicated there were more than what they had caught. They caught up to ten people, but, you know, dan, i want to let our viewers know, an accused isis supporter was arrested today for allegedly planning to commit an armed attack at a bar in rochester, new york. Right. Liz so these evil people are going to not just for the obvios targets like a huge dubai skyscraper, but a little bar in rochester, new york . Yeah. And this is the kind of stuff as a former agent and former police officer, the kind of stuff that really, you know, keeps me up at night, worries me. Especially with regard to my children. You know, im armed. Im allowed to carry a gun around the United States. Im not necessarily worried about myself, but i worry about my family, and heres why. These rochester type attacks you just referred to, they leave almost no investigative bread crumbs for intelligence officials and Police Officers to pick up in advance. Heres what i mean. The 9 11 type attack you had people involved in Flight Training exercises, you had a lot of money changing hands liz for a year, for a year. Right. Absolutely. They all leave contacts for intelligence officials to break up those plots in advance. For a small arms soft target attack to go and shoot up a deli or a restaurant in rochester, all you have to do is get someone stupid enough to do it and someone who can pull a trigger, thats it. Theres no bread crumbs there. Thats why these things are so dangerous. Liz and then there are threats on the capital of bangladesh. So its all over the place that this group of losers, i hate to sound like donald trump, but, you know, isis manage to win when you get an entire city like brussels to cancel its display. Were going to keep this on the screen. Dan, i dont know if you can stay with us, but i want to bring in Deirdre Bolton who rushed to paris right after the paris shootings, pulled off by isis sympathizers and groups of people like that, and as you look at whats going on, dan was just saying, you never know whats at heart, whats at the soul of a fire anymore. Youve got to figure you dont. And when this first broke, and i know you are on twitter as much or more than i am, and i was looking and they said, oh, maybe this was caused by somebody trying to set off fireworks, some of these pieces are still coming together. But as you just referenced paris, you know the city as well as i do, that really struck at the heart of the city in the sense of the areas that were hurt were very integrationist. That would be where young kids would go out. You would be sitting next to someone from africa, next to someone from eastern europe, next to a lifelong parisian. And that really upset, as you can imagine, even more so than average the french people. It was very much like new york after 9 11. And id say, you know, it was eerily quiet after, and the idea, of course, was scared and definal. Yes, im still going to go to the open air markets, yes, im still going to sit out on the terrace and have a coffee, but i know theres a risk. Liz we want to stress we are not sure of the cause of what happened. It could be something completely innocent, because a lot of people are doing dumb things on new years eve. It does sap police and fire, creates a distraction. It appears dubai, which is about nine hours ahead of new york city, is having its celebration. Thats good news, thats earnly good news. Weve got a reporter who is in dubai right now. His name is marcus george, he works for grn. Marcus, youre on the phone. What can you tell us that we dont already know . Its still very questionable what really happened here. Reporter yes. Weve had this enormous fire going on very close to the burg khalifa, the iconic building in the downtown area of dubai, the largest in the world at the moment, and the luxury hotel, the address hotel, tens of stories high which from about half past nine local time started emerging in flames. Only in the last two hours, two and a half hours weve seen that fire grow and grow. Its now engulfing about twothirds of the hotel. Firefighters are there clearly, and theyve been battling it, but still they have not got it under control. The latest were hearing, there have been several small explosions going on in that hotel. No doubt as a result of the fire, the gases which have been released and the secondary explosions going on. So clearly a very serious situation. But as