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tv   FBN AM  FOX Business  December 11, 2015 5:00am-6:01am EST

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nicole: breaking news this morning the investigation into the san bernardino massacre, now focusing on a small lake near the scene of the attack. we'll have the latest on the story. good friday morning, i'm nicole petallides. cheryl: good friday morning i'm cheryl casone. let as look at u.s. stocks. heading into friday we're sharply lower for the entire week. dow down about 20 points. looking futures is mixed bag, pretty much a flat market. we would like green numbers. s&p up one and a quarter. nicole: volatile crude oil some of the action. 36.58, down half a percent.
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cheryl: in politics a new poll out shows that a majority of americans opposed donald trump's plan to ban muslims from coming into the u.s. we'll have the numbers for you. nicole: if you are going to be traveling with that new hoverboard you better plan taking the train. we'll have that story. cheryl: plus coming up in sports, the arizona cardinals and minnesota strike kings go down to the wire on "thursday night football." it was a big night for one alabama running back. we'll have all the highlights. welcome to "fbn:am," latest in the markets and breaking news, what to expect for the day ahead. nicole: breaking news this morning the investigation into last week's shooting rampage in san bernardino shifting focus to a small lake in a park near the scene of the terrorist at attack. >> we will leave no stone unturned. the reason we're searching this lake today because we did have a lead that indicated the subjects came into this area.
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we have now put a dive team into the lake as logical part of covering that lead. nicole: he is the head of the fbi los angeles office declined to say what the bureau was looking for or to disclose new information on the investigation. he says the search of the lake by divers could take days. the couple died later in a police shootout. cheryl: the plan for donald trump stopping muslims from entering the u.s., is objected to americans. 57% of those objected to ban while 25% supported it. gop voters are split idea. 39% opposing it. 38% in favor of it.
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former new york city mayor rudy giuliani is against it. >> you can't establish a ban on all muslims. then you take that tremendous 1.7 billion population you start radicalizing a lot more if you did it. to me it is not a sensible proposal. cheryl: trump winning endorsement of a now england union that represents police and corrections officers nicole: hillary clinton weighing in on donald trump last night on late night with seth meyers. >> i have to say, seth, i no longer think he is funny. >> yes, i will say i started -- [applause] >> you know, i think for weeks, you know you and everybody else were just bringing folks to hysterical laughter and all of that, but now he has gone way over the line.
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nicole: democratic presidential front-runner saying trump's proposed ban on muslims plays right into the hands of terrorists. clinton adds that the ban gives terrorist a great propaganda tool to recruit more supporters from europe and united states. she is calling on everybody, especially other republican candidates to stand up to trump, saying enough, you have gone too far. that is not who we are. cheryl: they may be at war with each other but isis and syria's government are engaged in millions of dollars of oil trade. that is according to u.s. treasury official adam zubin who estimates that the deal could be worth as much as $40 million per month. speaking in london he says isis selling a great deal of oil to the assad regime while some is coming across the border into turkey. islamic state militants have been $500 million from black market oil sales. nicole: sergeant bowe bergdahl
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in his own words. the army desserter telling his side of the story publicly for the first time. bergdahl was taken prisoner by the taliban after leaving his military base in afghanistan. he was then freed in a prisoner swap. the interview was on the popular podcast serial where he likened himself to jason bourne, the character in the "bourne identity" spy movies. >> what i seeing from my first unit up to afghanistan, always i was seeing was basically leadership failure. suddenly this really starts to sink in i really did something bad, not bad but i did really something serious. nicole: bergdahl faces up to life in prison if convicted at court-martial. cheryl: well the house is expected to vote today on a america sure to extend funding for the federal government into next week to avoid a shutdown
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today. the senate passed extension to buy more time for budget negotiations. house and senate leaders are continuing to negotiate a deal on $1.1 trillion omnibus funding legislation. both sides accused the others of being unreasonable and blocking a deal because they're congress. nicole: breaking this morning, four people are dead after a medical helicopter crashed last night in heavy rain and fog in central california. the skylight air ambulance had a pilot, nurse, paramedic and patient when it went down in a remote field. the general manager for the company said the chopper was headed from porterville to a hospital in bakersfield when it crashed. both the ntsb and faa will be investigating this one. cheryl: all right. we do want to get you caught up what is happening oh night as far as global market are concerned. for asian markets actually it is a mixed bag. not a lot of movement except for
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the hang seng which lost a little more than 1%. nikkei up just a fraction. nicole: check out what is going on in europe right now, all down arrows. roughly half a percent each for ftse, cac and dax all under some pressure. cheryl: the dow is down 250 points for the week. we'll see how the day shakes out. we have one more day. a rather flat open to be honest. s&p is up .25. nicole: watching oil which is under pressure near 2009 lows, 36.45. these are new lows we're watching. iea says they expect the glut to continue in sift sifter as opec continues to produce. gold down 4 1/2 dollars at 1067. cheryl: euro is higher against the green back. all other currencies are trading lower against the grown back. another factor for oil today. nicole: as everybody focuses on fed, look at 10-year treasury yield. 2.22%.
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cheryl: speaking of the fed, yes, next week, here we go. there is now a broad consensus among private economic forecasters that the federal reserve will raise short-term interest rates next week. about 97% of businesses and academic economists predict fed officials will raise rates next wednesday. mark your calendars. only 3% expected fed to wait until next year to increase rates. 92% the forecasters last month predict ad december fed rate increase. odds are going up. nicole: numbers are expected to show that low steady job growth, low gasoline prices and small wage gains did not result in big increases in sales. economists expect retail sales to rise just .3 of 1% in november. core sales excluding automobiles, gasoline, building materials, food and service also may rise .3 of 1%.
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those are higher than the previous month. november retail sales do include black friday. cheryl: well, ford has big plans to increase its line of hybrids and electric vehicles. ford's ceo mark fields says the automaker plans to invest in additional four 1/2 billion dollars in the line by "20/20". fields say next year that they will launch new version of ford focus electric car. it has 300-mile range and can recharge in 30 minutes. they plan to add 13 plug-ins and hybrid vehicles by 2020. forward doing very well. nicole: three largest airlines are banning hover boards because reports that some are catching fire. the fire danger comes from the lithium-ion batteries that power those devices. delta air lines, american airlines, united airlines all said they're banning hover boards in checked
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or carry-on luggage. jetblue already prohibited them. hoverboards two wheel skateboard sized scooters that people stand on. they're a hot gift item at retailers. kids love them. cheryl: a mom had home set on fire by hoverboard. they're okay. this story we've been watching following. coming out of china. this billionaire tycoon known as china's warren buffett is missing. that caused i-shares of his hong kong listed company to be suspended. this is china's largest private sector conglomerate has not been able to reach the chairman since yesterday. a number of high-profile chinese executives have been temporary missing recently as beijing increases scrutiny of the china's financial sector in
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widespread anticorruption. he is not the first one that has been missing. nicole: the merger could put rivals and pesticides to look at combinations of their own. halliburton's deal faces antitrust concerns. the justice department is questioning whether other companies could buy some of baker hughes and halliburton assets. there is volkswagen. volkswagen blames a chain of mistakes for emissions scandal. released a report following internal investigation, that the mistakes began with the company's push into united states for 2005 and culture of tolerance of rule breaking that allowed the deception continue for a decade. cheryl: coming up, a mock political debate ahead of "monday night football." >> he is my friend but he is a loser. >> you're just mad because the cardinal defense is a wall and you can't penetrate it.
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cheryl: we're going to tell you who came out on top of that debate. john mccain's arizona cardinals or al franken's minnesota vikings. came down to the wire. also in sports it was a big night for one alabama running back. we'll have highlights for you. stock index futures a pretty flat break. watching "fbn:am" and first look at your morning markets and breaking news. 9m
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>> we've heard this kind of rhetoric before from my very close friend but where has it gotten arizona fans to win super bowl which they lost? >> how many times have the vikings lost?
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four times. >> exactly, four times. we got to the super bowl four times, bob. >> i tell you one thing, my esteemed colleague, you will not get there this year. look at embarrassing loss you suffered at hands of seahawk. successful football team is like successful government, you have to spend money on defense. >> overspend on defense we've heard that before from my very food friend. he is a very good friend. you know we vacation together. nicole: i would like to hear more of these debates. senator al franken and john mccain facing off in mock debate ahead of "thursday night football" game. it was called, face the football nation. cheryl: very clever. with the kickoff look at latest from world of sports. john mccain's cardinals came away with 23-20 victory last night thanks to defensive end dwight freeney. he stripped the ball away from
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vikings quarterback teddy bridgewater in final minutes of the game. cardinals clinch nfc west if they lose on sunday to the ravens. alabama running back derek henry had hands full at college football awards. he won the college football player of year and doak walker award as best running back. with the sec championship win over florida. after losing to chicago on tuesday night the predators fought their way to 5-1 victory over the chicago blackhawks. they could not stop patrick cane extending his point streak, at that games. he will have a chance to tie sidney crosby and wayne gretsky's 25-game point streak tonight at home against the win
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peg jets. nicole: hall hall of fame footbl coach john madden was released from the hospital after going open-heart surgery. madden left the san francisco hospital on wednesday and is expected to make a fool recovery. the 79-year-old madden coached oakland raiders from 1979 to to 1987. he became a sports broadcaster. cheryl: he is legendary, legendary, we wish him well. shanghai and shanghai index actually closing .16% a pretty flat night for asia. nicole: it has been a rough week on wall street overall. all 10 sectors are lower this week. ftse, cac and the dax are all down roughly half a percent each. cheryl: go back to the flat,
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that is what you're market is looking like on friday here in the united states. the dow is pointing lower by 10. s&p up by just a fraction, half a point. nicole: as we watched oil near the record lows we haven't seen since 2009, oil 30.41, down 35 cents. gold at 1067 a troy ounce. that is down four bucks. cheryl: coming up a new poll out shows majority of americans oppose donald trump's plan to ban muslims. that is including this american. >> you can not establish a ban on all muslims. cheryl: we're going to tell you how many republicans do support trump's plan. if you or your son or daughter want to travel with the new hoverboard over the holidays, hey, you might want to take the train because we're going to explain what is going on with these hover boards which have been dangerous. you're watching "fbn:am," your first look at morning markets and breaking news.
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cheryl: breaking news this morning the investigation into the san bernardino mass cure focusing on a small lake near the scene of the attack. we'll have latest on that story. it is friday. good morning everyone, i'm cheryl casone. nicole: good morning, i'm nicole petallides. u.s. stocks heading sharply lower for the week. dow down about 270 points. checking u.s. stock market futures. down arrows across the board with the dow futures down 25. s&p futures down 1 1/2. cheryl: a little escalation there. we'll watch crude again today. volatile crude oil prices driving much of the action. we're at 36.41. we're down 35 cents. nicole: new poll shows majority of americans oppose donald trump's plan to ban muslims from coming into the united states. we'll have the numbers. cheryl: if you're going to be traveling with that new hoverboard, you better plan on taking a train or driving with
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it. we're going to have that story for you. nicole: plus in sports the arizona cardinals and minnesota vikings go down to the wire on "thursday night football." it was a big night for one alabama running back. all the highlights are coming up. good friday morning to you. well con to "fbn:am," first look at breaking markets and breaking news and what to expect for the day ahead. cheryl: we have news this morning for you. the investigation into last week's shooting rampage in san bernardino shifting focus to a small lake in a park near the scene of the terrorist attack. >> we will leave no stone unturned. so the reason we're here searching this lake today is because we did have a lead that indicated that the subjects came into this area. we have now put a dive team into the lake as a logical part of covering that lead. cheryl: david bowdich, he is the head of fbi los angeles office, declined to say what the bureau
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was looking for or to disclose new information on the investigation. he says search of the lake by divers could take days. syed farook and his wife phenolphthalein -- tashfeen malik opened fire on 28 people. killing 14 and wounding 21 others. nicole: according to a new poll. 57% of everyone surveyed opposed projected muslim ban. gop voters are split split on idea. 39% opposing an 38% in favor. former new york city mayor jude rudy giuliani also against the plan. >> you can not establish a ban on all muslims. if you did that you would start taking that tremendous 1.7 billion population, and you
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start radicalizing a lot more than the if you did it. that is not, to me, that is not a sensible proposal. nicole: trump also winning the endorsement of new england union that represents police and corrections officers. cheryl: well, hillary clinton weighing in on donald trump last night. she had a different tone when she talked to late night with seth myers. >> i have to say, seth, i no longer think he is funny. >> yes. i will say i started -- [applause] >> you know, i think for weeks you and everybody else were just bringing folks to hysterical laughter and all of that but now he has gone way over the line. cheryl: democratic presidential front-runner saying trump's proposed ban on muslims plays into the hands terrorists, giving them a propaganda tool for more recruiting. nicole: they may be at war with each other, but isis and syria's
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government are engaged in millions of dollars of oil trade. that is according to the u.s. treasury official adam zubin who estimates the deals could be worth as much as $40 million a month. he was speaking in london and says that isis is selling a great deal of oil to the assad regime while some is coming across the boarder into turkey. he said islamic state militants have made more than $500 million from black market oil sales. cheryl: breaking this morning, four people are dead after a medical helicopter crashed last night in heavy rain and fog in central california. the skyline air ambulance had a pilot, a nurse, paramedic and a patient on board when it went down in a remote airfield. the general manager for the ambulance company said the chopper was headed from porterville to a hospital in bakersfield when it crashed. but ntsb and the faa will be investigating today. nicole: let's get you caught up on global market action.
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it has been a tricky week on wall street. only nikkei squeezes out a gain of 1%. hang seng dropped 1%. shanghai down half a percent. cheryl: in europe stocks trading negative. all three major markets we follow are negative. right now the ftse is down 33. the dax down 96. nicole: energy and financials led the week lower. all 10 sectors are negative. dow futures today, talking about for the week. dow futures today down 40. s&p future down 3 1/2. cheryl: the big story with the markets has been oil. we've been talking about it all week on fox business. oil at 36.34. it is a loss of 42 cents. gold down five bucks. not a lot of movement in gold amidst all the turmoil with the oil contract. nicole: before you head out the door. let's get a look at weekend forecast. we bring in fox meteorologist maria molina. maria. >> good morning to you, cheryl and nicole. hello to everybody at home. we're tracking several areas of unsettled weather.
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a sim through parts of the great lakes bringing more rain showers. it is quick-moving storm system. out west we have significant storm system. mound after mound of heavy rain and mountain snow. that is etch the case anywhere from california up to washington state and across parts of inner mountain west. several areas could look at several feet of snowfall and potential of additional flooding with additional rain along coastal areas. temperaturewise incredibly mild day across plains and eastern u.s. new york city near record warmth. 61 degrees for high forecast temperature. 70s across southeastern u.s. and atlanta and raleigh, north carolina and places like texas and oklahoma, temperatures widespread. 60, 70s, 80s, not very december-like. we'll have another storm system moving into the plains. because it is warm out we have potential to see thunderstorms
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and some could producing severe weather anywhere from kansas to oklahoma and texas. the possibility of tornadoes and damaging winds from the storms will be possible. again coming up for tomorrow. let's head it over to you. nicole: thank you, maria molina, very much. cheryl: 82 in southern texas. coming up if you want online order delivered by christmas you better orderly. we'll tell you why ups is struggling to keep up with deliveries. next week, if you want to make it to the red carpet premier of the new "star wars" movie you don't have to go all the way to l.a. we'll tell you how to get there with the click of a button. of course want to take one more look at futures. we're losing ground we should say here within the last ten minutes or some the markets are lower, pointing down by 37. s&p down by 3.25. you're watching fbn, first look at morning markets and breaking news. ♪
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>> you know it's a, another world far, far away at a time in the future, different. nicole: that is harrison ford at the sydney opera hoist in australia. the red carpet was rolled out for him during the "star wars" fan event. ford saying he was delighted to see everyone who came out with a
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new movie, just a week away. although the movie is so far, far, away, you will be able to watch the premier of the via live stream this monday, december 14th, 8:30 p.m. eastern time. that live stream will be interactive. so you will be able to ask questions about the force awakens. cheryl: where is luke skywalker? we want pictures of him. we have this news this morning. united parcel service is having a hard time keeping up with volume of holiday deliveries because of surge in online sales. shopper developer ship matrix, online packages service fell to 91% last week. the during the same week, online service was 97%. fedex slow lower than usual, 95%. amazon, anyone in? throwing that name out there. nicole: coming up, a new poll just out show majority of americans oppose donald trump's
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plan to ban muslims including this american. >> you can not establish a ban on all muslims. nicole: we'll tell you how many republicans do support the plan. if you or your son or daughter want to travel with that new hoverboard over the holidays, well you might want to find another way. a train, a car. we'll have to explain this one. checking out u.s. stock index futures. they have been accelerating to the downside over last half hour. dow futures down 78. s&p futures down 7 1/2. you're watching fbnam, first look at morning markets and breaking news. ♪
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proud of you, son.
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ge! a manufacturer. well that's why i dug this out for you. it's your grandpappy's hammer and he would have wanted you to have it. it meant a lot to him... yes, ge makes powerful machines. but i'll be writing the code that will allow those machines to share information with each other. i'll be changing the way the world works. (interrupting) you can't pick it up, can you? go ahead. he can't lift the hammer. it's okay though! you're going to change the world. nicole: breaking news this morning, the investigation into the san bernardino massacre now focusing on a small lake near the scene of the attack.
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we will have the latest on the story. good morning, i'm nicole petallides. cheryl: good morning, everyone, happy friday. u.s. stocks are heading into friday sharply lower for the week. the dow down 270 points for the week. looks like we have another negative opening on wall street. a big story is oil, which nicole will update you on. we've seen pressure on futures, really in the last, 10 or 15 minutes or so. nicole: check out crude oil prices down for the week. right now, 36.15. getting closer to the 36 mark. cheryl: oil the story because of this forecast from the eye ea. this story out this morning. new poll shows majority of americans oppose donald trump's plan to ban muslims coming into the united states. we'll have those numbers for you. nicole: if you're traveling with the new hover poured you better plan taking the train or driving. we'll explain. cheryl: plus in sports, arizona cardinals and minnesota vikings go down to the wire on "thursday
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night football." a big night for alabama running back. all that coming up in sports. you're watching "fbn:am," first look at morning markets and breaking news and what is to expect in the day ahead. nicole: the shifts of the focus to a small lake at a park near the scene of the terrorist attack. >> we will leave no stone unturned. so the reason we're here, searching this lake today, is because we did have a lead that indicated that the subjects came into this area. we have now put a dive team into the lake as a large part of covering that lead. nicole: david bowdich, the head of the fbi los angeles office declined to say what the bureau was looking for or disclose new information on the investigation. the search of the lakes by divers could take days. syed farook and his wife tashfeen malik opened fire on
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coworkers. the couple died later in a shootout. cheryl: the plan by donald trump to not let muslims into the u.s. is opposed by a mart of americans. 57% of everyone surveyed objected to the proposed muslim ban while 25% supported it. gop primary vote remembers split on idea with 39% opposing it and 38% in favor. former new york city mayor rudy giuliani is also against the plan. >> you can not establish a ban on all muslims. and also, i do believe, if you did that, you really would start taking that tremendous 1.7 billion population, and you start radicalizing a lot more than if you did it. to me, that is not a sensible proposal. cheryl: trim also winning endorsement of a new england union that represents police and corrections officers. nicole: hillary clinton weighing in on donald trump last night on
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late night with seth meyers. >> i have to say, seth, i no longer think he is funny. >> yes i will say i started -- [applause] >> i think for weeks you know, you and everybody else were just bringing folks to hysterical laughter and all of that, but now, he has gone way over the line. nicole: the democratic presidential frontrunner saying trump's proposed ban on muslims plays right into the hands of terrorists giving them propaganda tools for recruiting. cheryl: they may be at war with each other but isis and syria's government are engaged in millions of dollars of oil trading. that is according to u.s. treasury official adam szubin, who estimates the deal could be worth as much as $40 million a month. szubin says isis is selling a great deal of oil from the assad
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regime. islamic state has made more than $500 million from black market oil sales. nicole: let's get it caught up on global market action. cheryl: nicole has asia. we'll get everything else. i'll take asia. there you go. first to asian markets, nikkei, hang seng, kospi, flat market. hang contending losing more than 1%. nicole: it has been a down week on wall street. we're seeing down arrows across the board. accelerated selling in europe. dacs is down 1.25 of a percent. ftse down 3/4 of a percent. these were done half a percent so accelerated selling. cheryl: to your point about accelerated selling, nicole futures are slipping lower. a lot is oil an report coming out iaea. s&p down six 1/2. so we're pushing lower. >> check out crude. crude has been down five days in a row. we're looking at it, 3.25.
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we'll see how close it gets to the $36 mark. international energy agency says we'll see a glut of oil because of opec production. opec says they're not stopping production. that continues to trend lower. gold down 10 bucks at 1062 a troy ounce. cheryl: oil stays low we'll see nothing but selling into the end of the year unfortunately if things don't turn around on contract. talk about oil to gasoline to ford. ford has plans to increase its line of hybrids and electric vehicles. ford's ceo mark fields says the automaker plans to invest decision four 1/2 billion dollars in the line by 2020. fields says late next year ford will launch new version of ford focus electric car with a one hundred mile range and recharge in 13 minutes. they plan to have new plug-ins or hybrid electric vehicles. they are will be in the lineup he says by 2020. nicole: u.s. airlines are
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banning hover boards because of reports that some are actually catching on fire. the fire danger comes from the lithium-ion booteries that power those devices. delta air lines, american airlines, united airlines all said they are banning hover boards. checked luggage, carry-on luggage, forget it. jetblue already prohibited them. hover boards are motorized two-we will skateboard size scooters that user stands on. they are a hot gift item at some of the retailers. i have two in my house. put the fire extinguishinger. cheryl: please do. worries me with you your boys and hover boards. not going to lie. here are the headlines in today's edition. "wall street journal" dupont calls for agricultural merger. spur rival in seeds and pesticides to seek combinations of their own. second one, halliburton and antitrust concern. justice department questioning whether other companies can buy
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some of haliburton and baker hughes assets. volkswagen explains chain of mistakes for emissions scandal. kind of self-explanatory. following internal investigation the mistakes began with the company's diesel push into the u.s. in '05 and quote, culture of tolerance for rule breaking that allowed the deception to continue. we knew that. now vw admitting that. nicole: mock political debate ahead of "monday night football." >> here is my friend but he is a loser. >> you're just mad because the cardinal defense is a wall and you can't penetrate it. nicole: we'll tell you who came out on top of that one. john mccain's arizona cardinals or al franken's minnesota vikings. it came down to the wire. in supports a big night for a at bam running back. dow futures down 67. s&p futures down six. nasdaq futures down 18 for the week. all 10 sectors lower. seeing selling pressure in oil. you're watching "fbn:am," your
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first look at morning markets and breaking news. ♪
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>> we've heard this kind of rhetoric before from my very close friend but where has it gotten arizona fans to one super bowl which they lost. >> how many times have the vikings lost? four times. >> exactly, four times. we got to the super bowl four times, bob. >> tell you one thing mys steam colleague, you're not going to get there this year. look at embarrassing loss you suffered at the hands of seahawks. a success full team is like successful government you have to spend money on defense.
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>> i heard that before, from my very good friend. and he is my very good friend. we vacation together. cheryl: a little politics mixed in. senators john mccain and al franken facing off over mock debate over nfl teams ahead of thirst night football match last night t was called face the football nation. nicole: a lot of fun. let's look at latest from the world of sports. cardinals came away with 23-20 victory last night, thanks to defensive end dwight freeney. freeney stripped the ball away from strike kings quarterback teddy bridgewater ceiling a playoff spot for arizona. they will clinch the nfc west if the seahawks lose sunday to the ravens. alabama running back derek henry had his hands full. he won mackwell award for top college player of year and doak walker award for best running back.
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he broke herschel walker's single season rushing record and mv. in the sec championship win over florida. number four iowa state was down as much as 20 points to iowa but that didn't stop them from remaining undefeated. cyclones pulled off a stunner as they rallied back to beat their rival hawkeyes 83-82. so close. cheryl: all right. well, let's get you caught up on market action overnight. we want to take a look. we're talking about earlier what is futures are doing because of iea report we're seeing a little bit of pressure on stocks overnight, really last ten minutes or some dow pointing to session lows. down 87. s&p down 8 .75. dow is down 300 plus for the week already. nicole: glut will continue, will continue into 2016. oil at 36.30. energy at worst sector of the
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week, down five days in a road. gold under pressure. that is down eight bucks at 10.64 a troy ounce. cheryl: from markets to weather, before you head out the door this morning. we want to give you a look at weekend forecast. fox meteorologist maria molina standing by. good morning. >> good morning. tell you what if you live across the eastern u.s. get ready for astonishingly mild weekend. we could look at temperatures across parts the northeast middle 60s and saturday and sunday. i want to take you to the far west, places like california and washington state an inner mountain west it has been settled for some time now. we've been looking at heavy rain producing flooding and heavy mountain snow and totals could be in several feet by time all is said and done. forecast to continue into this weekend with round after round of storm system moving onshore. the forecast, purple shading across some mountains is for several feet of snow. along coastal areas you have
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risk for flash flooding with as much as four to 6:00 additional inches of rainfall possible. very warm across parts the plains and into eastern u.s. for this weekend we have possibility for severe storms in places like texas, oklahoma and kansas as storm system move in. let's head over to you. cheryl: thank you, maria. have a great weekend. >> thank you, you too. nicole: coming up we'll run down global market action before we hand it over to maria bartiromo and "mornings with maria." so do stay with us. ♪ anncr: when the attacks come here...
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...the person behind this desk will have to protect your family. will he be impulsive and reckless, like donald trump? will he have voted to dramatically weaken counter-terrorism surveillance, like ted cruz? will he have skipped crucial national security hearings and votes just to campaign, like marco rubio? 27 generals and admirals support jeb bush. because jeb has the experience and knowledge to protect your family. right to rise usa is responsible
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for the content of this message. boy: this is the story of a boy who was very sensitive to lights and sounds. so he built secret hiding places where nothing could get in. the boy didn't like looking people in the eye. it made him feel uncomfortable. one day, he found out he had something called autism. his family got him help. and slowly he learned how to live with it better. announcer: early intervention can make a lifetime of difference. learn the signs at autismspeaks.org. nicole: let's look at market action we're seeing. dow futures down 127. we're seeing s&p futures down 13. we've seen accelerated selling over last half hour. let's look at commodities. international energy age sy gave projections for 2016 saying oil glut continues because opec continues to produce.
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with that oil down 1.3%. it is down 10 1/2% for the week. so that energy pressure continues on stocks and commodities overall. we'll turn it over to maria bartiromo. and "mornings with maria." good friday, morning. maria: happy friday, nicole, thanks so much. hello, everybody, i'm maria bartiromo. it is fried, december 11th. with me this morning, fox business network's dagen mcdowell, "barron's" on line editor, and john bussey. islamic state is making more than $500 million from black market oil sales with some of those trades happening with syria's government. what can be done to cut the flow of money to terrorist group? we will look further at this alliance of iran and isis. oil the top story for markets this week. crude down 10% over the past five sessions. we're seeing more selling, trading at $36.22 a barrel, below 37 on oil.
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that is a problem for market. losses accelerating this hour. futures indicating a decline of 116 points on dow jones industrial average. s&p and nasdaq weaker as well. investors waiting on key economic data later this morning including retail sales and consumer sentiment. retail sales, typically a market mover. we're on it. in europe we see mostly declineses, modest. 1% lower on fp and 1% lower on cac in paris and things accelerating to the downside as well. overnight in asia. stocks finishing out the week mostly lower, nikkei average bouncing about a percent. most part, hang seng and hong kong, shanghai down half a percent. reported disappearance after top chinese executive shaking investor confidence in china and hong kong. new poll shows most americans oppose up donald

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