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>> a wild ride yesterday. >> another wild ride looking at the future, down 500 points, down, getting whiplash, we close down 11,075 points. and the percentage drop. the most we ever heard and at the lowest, 1600 points yesterday. we erased all those gains for 2018, the dow is down 1.5%, the s&p is down, barely at 0.9% so we will see what happens. and the correction was probably a long time coming.
Mandy drury is joining us. so much for a santa claus rally. >> another rocky opening. you have the continued crude oil prices. and in case that was not enough for you, collapsing. but the plunging oil prices are catching our attention here in the united states. it could potentially trigger defaults by u.s. shale oil and gas firms. it's already causing layoffs. there's realtors in houston predicting a drop in home sales. sort of trickles around the country. on top of that, the cherry on top. u.s. housing permitting fell. all in all, red on the screen and already the s&p is down by six-tenths of...