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The chinese said a deal could be in the works here. what looked like a horrific month for the dow before wednesday's big turn-around with the federal reserve move to hint that interest rates could stay where they are for a while, removing that uncertainty. the dow was up 600 and added to that since that time. all the averages finishing up on the month and notice positive for the year. a lot of this is telegraphing optimism might take place tomorrow night. you never know. in alaska, they're not too concerned what is happening at the corner of wall and broad. you're looking at the damage from a ...

We're gonna continue now talking about this massive 7.0 earthquake that struck alaska. let's bring back in dan springer. you're in seattle. people might not realize how much activity happened earthquake wise in that northwestern part of the united states. >> reporter: oh yeah. we're just off the ring of fire. so in the pacific ocean you've got that abduction zone from north america out into the pacific ocean. then that ocean place. right there is the major fault that they're worried about, causing a catastrophic earthquake some day here in seattle. but i have some news from tap, transatlantic ...

Massive earthquake. >> they get a lot of earthquakes in alaska and really strong ones. the first one in 1964. a 9.2. that was the second strongest earthquake we have seen on earth in recorded history. they get very, very strong ones there. the last one caused a tsunami into south america. the tsunami is not the case with this one. that's what we have the last 12 hours. those yellow dots are the last 12 hours and the red dots within the last hour. you get an idea of all of the aftershocks in the last 12 hour. lots of them. we were concerned about damage from an 7.0 earthquake and the first afte...

It's about 28 degrees. it will very quickly get dark and you'll have to go through the overnight hours without power, and that will be a problem. search and recovery will be hampered just by a lack of daylight. >> dana: that's a good reminder of that. i wanted to ask you about the question that the u.s. geological survey staffer got before we went to break. that was a question from a reporter asking, so, why can't you have predicted this? isn't the answer, you cannot predict earthquakes? >> you can't predict earthquakes. you can after a big one saying there will be after shocks. we've seen a n...

Of anchorage, alaska. the damage felt certainly all around there. we're getting reports of that. let's go to dan springer. you were covering this from the very beginning. let's start from the beginning. rerack this and tell us what happened. >> reporter: yeah. at 8:30 a.m. this morning, anchorage was hit with a massive earthquake, a major earthquake of 7.0. the magnitude came in at 6.7, then dropped to 6.6. now they've settled on 7.0. it happened just north of the city of anchorage in a place called point mackenzie. that is an area lightly populated. just across the cook inlet from anchorage. ...