CNN Early Start With John Berman and Christine Romans December 1, 2014 09:59:00
Nasdaq gained 3.5%. december is the second best month for stocks historically. today is not off for a great start. freefalling oil prices. right now, crude oil is $64 a barrel. do you see that chart? that is the lowest in five years. oil prices down 40% from the summer peak. quickly, 40% right off the price for a barrel of crude. production is boom in the u.s. last week, opec countries decided not to trim output. that means over supply and driving prices down. global demand is weakening. the average price at the pump for a gallon of gas is $2.78. gas is expected to stay this cheap through next...
Source: archive.org