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KQED Nightly Business Report December 18, 2015

Components. And the rest of the market went along for the downhill ride. The Dow Jones Industrial average declined 253 points to 17,495. Nasdaq dropped 68. And the s p 500 fell 31. As for domestic crude, it crossed closed, excuse me, just below 35 a barrel. 34. 95. Brent crude trading not far from 11year lows. Bob pisani takes a look now at the pressure from crude thats building over stocks. Its about the dollar and oil again. For the second time in as many days the market started on a positive note but then headed south when the dollar rallies and oil dropped and we closed at our lows. Its a lower for longer issue. Many believe oil will stay lower for longer, well into 2016. So if oils at 35 six months from now a lot of exploration and Production Companies might go out of business because they wont be able to get the financing to keep exploring. In part this is a ....

New York , United States , Saudi Arabia , District Of Columbia , Freddie Mac , Janet Yellen , Cheryl Mccoy , Alan Greenspan , John Malone , Morgan Brennan , Nick Mody , Los Angeles , Evan Gabel , Vladimir Putin , Bart Spiegel , Courtney Reagan , Julia Boorstin , Bob Pisani , Dow Jones , Dow Jones Industrial , Dow Jones Industrial Average , Dollar Oil , Second Time , Six Months , Exploration Production , Exploration Production Companies ,

KQEH Nightly Business Report December 18, 2015

Components. And the rest of the market went along for the downhill ride. The Dow Jones Industrial average declined 253 points to 17,495. Nasdaq dropped 68. And the s p 500 fell 31. As for domestic crude, it crossed closed, excuse me, just below 35 a barrel. 34. 95. Brent crude trading not far from 11year lows. Bob pisani takes a look now at the pressure from crude thats building over stocks. Its about the dollar and oil again. For the second time in as many days the market started on a positive note but then headed south when the dollar rallies and oil dropped and we closed at our lows. Its a lower for longer issue. Many believe oil will stay lower for longer, well into 2016. So if oils at 35 six months from now a lot of exploration and Production Companies might go out of business because they wont be able to get the financing to keep exploring. In part this is a ....

New York , United States , Saudi Arabia , District Of Columbia , Freddie Mac , Janet Yellen , Cheryl Mccoy , Alan Greenspan , John Malone , Morgan Brennan , Nick Mody , Los Angeles , Evan Gabel , Vladimir Putin , Bart Spiegel , Courtney Reagan , Julia Boorstin , Bob Pisani , Dow Jones , Dow Jones Industrial , Dow Jones Industrial Average , Dollar Oil , Second Time , Six Months , Exploration Production , Exploration Production Companies ,