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tv   FBN AM  FOX Business  January 14, 2016 5:00am-6:01am EST

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>> lauren: breaking news this morning, a terrorist blast over in indo subpoena nesia. >> nicole: yesterday left u.s. stock futures. s&p futures 4 and a half six right now. >> lauren: asia stocks getting hammered overnight. after a volatile section in china, shanghai ending to the upside about 2%.
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>> nicole: right now 30.80. it did drop to the 30-dollar range. >> lauren: u.s. relations with iran are all expected to take center stage in the fox business network republican debate. we will is latest from the campaign trail. >> nicole: we have a winner, actually three winning tickets in last night's drawing. could it be you? >> lauren: new head coach, we will tell you who it is, welcome, everybody, a first look at what's in today's markets and what to expect on your day ahead . >> nicole: series of explosions, a starbucks, three suicide
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bombers, one suspect armed with a gun. no one has claimed responsibility for today's attacks, it is the first major attack in jakarta since the bombings of 2009. starbucks issued a statement saying in part, quote, this store and all starbucks stores will remain closed out of an abundance of caution until further notice. >> lauren: also breaking news out of europe about fiat chrysler, shares have been suspend after they fell 8% in italy, two chicago dealerships have filed a lawsuit against the auto maker. the suit claims get this, fiat chrysler offered dealers large amounts of money to report unsold vehicles as sold. the company said it has not been served with the lawsuit and they did decline to comment further. we will keep you posted on the story as we learn more. >> nicole: rough start for the
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market this year. dow jones industrial average into correction territory. down 10% from last year's highs. so far this year are down more than 7%. nasdaq off 10.06% and if you put transports more than 10% on those. stocks close to the bottom. we bring gary. gary, what is going on? people are getting panicked? should i sell, should i sell? now can't be the time to sell, right? >> gary: we've talked about it many times over the last few months that we thought were going much lower, i will tell you the good news near term. i think almost 16 or 18 points since two days before new year's we are overdue to bounce.
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i think this is going to be a bare market of consequence. i think we will be in the 14's in the dow or even lower, i'm sure market is forecasting severe market downs. >> lauren: is it a global economic that everyone is fearing right now? >> gary: there was really no specific reason except continuance and all the talk about china and this and that. for me to watch transport at three-year lows tell me everything i need to know about the market thinks going forward and that's good enough for me, i'm expecting the first six months of the year not withstanding some vicious bouncing, we are going to head even lower.
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i think you have to be careful. >> nicole: tonight is our republican debate. how do politics play into the markets this year? >> gary: if the markets go lower and we go into recession i think you're going to hear the words president trump. i think the markets and the economy will want a businessman and a businessman that's been successful and in a year where i have to tell you it's somewhat on the weird side of what's going on, there's a very good chance it's going to happen. the numbers keep staying up and they keep getter better. >> gary kaltbaum. >> lauren: oil prices set the tone for stocks. crude is the international benchmark. that traded below $30 yesterday for the first time in a decade.
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we have phil flynn, fox business contributor. continue to hoover the multiyear lows, where do we go from here? are we going to have 10- 20-dollar oil like banks are saying? >> phil: i don't think so. we are seeing signs that demand is still strong in china. we did get weak data out of germany and data. we are not seeing demand be that poor right now. we definitely have a glut of supply. you look at yesterday's inventory numbers in the united states, we have a record amount of everything. if you put it all together, if you have crude oil, gasoline, indian oil, we have more in storage than we have ever had before. the problem is that we are not going to be able to maintain those vels because production
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will fall because prices are falling. >> nicole: there's no cohesion between opec members anymore. you saw the bill and gasoline two weeks in a row and that was a huge part of the story. i know we follow oil but when you break it down, that's a key part of it. going forward, why does anything change? why can't we see $20 next? >> phil: because we are seeing probably the most devastation we have ever seen and the energy industry when it comes to cut baks. energy companies have cut back 551% of energy spending. that's never happened before. we canceled in just the last 12 months 27 billion barrels of future production, you know, at some point these wells that were producing, what they're going to do is decline.
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if we get a bump up in demand, this oversupply will be gone. >> lauren: phil flynn, thank you so much. >> nicole: now for asian markets. rachel live in beijing. >> good morning. it wasn't as bad as it could have been. markets gaining late. shanghai composite closed in the positive. nikkei fell more than 4% and then in the afternoon it did recover closing 2.8%. the bang of korea decided to keep interest rates on change as we expected. we saw the south korean kospi. hang seng half a percent and the shanghai composite in the region
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today, this with a selloff but it did regain momentum in the afternoon session and closed off 2%. >> nicole: thank you so much live from beijing. we thank you for the report. >> lauren: republican presidential candidates facing off in a crucial debate tonight hosted by fox business network. take a look at this time lapse video of the debate set up in charleston, south carolina. three contender will square off including fiorina in early debate. make sure to tune in tonight for the fox gop debate. maria bartiromo and niel cavuto for the second debate 9:00 p.m. eastern. >> nicole: he failed to
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discloses and the texas senator calls it an inadvertently question. >> if it was the case that they were not filed exactly as the fcc requires, then we will amend the filing, all of the information has been public and transparent for many years and that's the end of that. >> nicole: 1 million-dollar loans included a sum from goldman sachs where his wife is an employee. the loans were paid down in 2012. >> lauren: nikki hailey getting backlash for her remark but trump is saying, he's got no problems with the comment. >> some of the commentators, nikkei hailey said you were an angry. i thought, i am, i am very angry because i hate what's happening to our country.
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i'm very angry. [cheers and applause] >> lauren: in an interview governor hailey explaining her remarks. >> mr. trump, i consider him a friend, he gave me donations in the past, but i disagree with the fact that he wants to start using religion as a way to divide people. that's not how we've ever done things in this country. this isn't personal. i just want him to understand that our country is made up of immigrant, that is the fabric of america. >> lauren: she is open to the idea of running for vice president once the no, nominee is very selected. >> nicole: that is very interesting. paul ryan with a response of state of the union. >> i think it sort of degrades the presidency to then talk
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about primary politics in the other party during primaries. that's really not what presidents ought to be talking about in state of the union addresses. >> nicole: president obama making comments that were unmistakably targeted at donald trump, though he did not mention the gop front runner by name in tuesday's address th was the first time paul ryan introduced the president at a state of the union address since he succeeded john boehner as the house speaker two months ago. >> lauren: iran has release it had 10 u.s. sailers who drifted into international waters but iranian government is using footage from that incident as a propaganda tool. that includes images of sellers on their knees with their hands behind their heads and a video showing a sailer apologying. earlier vice president joe biden he said no apology was necessary. >> there's no apology, when you have a problem with the boat, you apologize that that the boat
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had a problem? there's no looking for apology. >> lauren: supposedly shows one of the sailers actually apologizing. >> it was a mistake, that was our fault and i apologize for our mistake. >> lauren: the department would assess whether it's authentic. images of prisoners are not supposed to be shown under the terms of the geneva convention. >> nicole: there were at least three winners in power ball drawing. officials said winning tickets were sold in california, florida, and tennessee in the nearly $1.6 billion power lottery. california lottery says the winning six numbers had been purchased at a vient just outside the los angeles the identity is not yet known. it could be several hours whether there are other winners
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and you could win something smaller too. >> lauren: you think they'll invest it in the stock market? i hope not. this is what we saw overnight in asia. down arrows across the board. dax futures down 200, nicole. >> nicole: major averages are in correction territory. 10% off last year. dow futures up 26, s&p futures up 3, nasdaq futures up 2 right now. >> lauren: key commodities. oil prices, gold up $4.80 at 10.91 an ounce. >> nicole: watching the u.s. dollar here. for euro is stronger, everything is weaker. >> lauren: yield on the ten-year treasury is down more than 3 basis points at 2.06%.
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>> nicole: you could see people with a flight to safety going into bonds, that's a safe spot. we have a bad news for gopro. goproannounced job cuts. the company said it only expects revenue of $435 million during the fourth quarter. the reason was slower than expected sales at the retailers and the company also announced it would cut 7% of the workforce of more than 1500 employees and the shares had been plunging to the premarket to the tune about 26%. >> lauren: wow. >> nicole: it has been under pressure. >> lauren: 105 jobs at gopro. people familiar with the matter say that goldman plans to cut as much as 10% later this quarter. that's more than usual numbers of underperforming workers that
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goldman typically cuts. many have shrunk businesses to help offset the extra capital they're not required to hold. >> nicole: all right. earning season for banks gets under way today. jpmorgan chase kicks it off. we will certainly have those for you. analysts look for banks 1.25 a share. just under $23 billion. maria bartiromo asking dimon where the gross is with the dow jones industrial and s&p 500 seeing their worst start of the year ever. so let's take a look. >> obviously a lot of eminent activity. there's nothing wrong with that. that's just another form of economic activity which could be good. i think you see companies spend more when they have more reason, they get stronger. >> maria: we are sort of bumping along the bottom? >> i think we are growing, we have had moderate growth for five years. >> nicole: we will have
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jpmorgan's results. intel will postits numbers after the closing bell. key to watch. >> lauren: general electric has a home. it's move to go boston. announcement after competition to attract major companies. they offered ge incentives worth $145 million. it was reported by fox reporter charley. >> nicole: dismiss fears of auto demand. low oil prices driving demand for suv's and trucks. feel pressure to feed chocolate demand. $1million to boost cocoa output.
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the plan to move rams to los angeles doesn't call for a public funding toward the $1.9 billion stadium. >> lauren: i'm still stuck on the chocolate story. there are multiple report that is the new york giants are hiring offensive coordinator ben as their next head coach, a person familiar with the decision says the 38-year-old is given the job a little more than a week after tom could havelin stepped down after 12 seasons. cincinnati bengals coordinator hue jackson was one of the candidates but turned down a request for an interview with a giants and accept today coach the cleveland browns just yesterday. >> nicole: coming up, folks, sending dow 360 points into the downside into correction territory. what happens today? u.s. stock market futures
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showing a gain for dow futures up 15. we've lost some of the up arrows here. s&p is just one and a half points and nasdaq just turned negative, folks, now down 3 points. the sinking stock market, turmoil in china, iran. we will have the latest from the campaign trail, there's a look at what's going on in south carolina as our team gets ready to have gop debate there. you're watching fbn:am, first look at morning markets and breaking news. ♪ ♪ on the floor! everybody down! nobody move! on the floor!
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when you're on hold, your business is on hold. that's why comcast business doesn't leave you there. when you call, a small business expert will answer you in about 30 seconds. no annoying hold music. just a real person, real fast. whenever you need them. so your business can get back to business. sounds like my ride's ready. don't get stuck on hold. reach an expert fast. comcast business. built for business. >> nicole: breaking news this morning a paris blast over in jakatar indonesia leaves at
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least seven people dead. we will have update. >> lauren: yesterday 364-point selloff in the dow let's u.s. stocks in correction territory. checking u.s. stock market futures ahead of the bell, futures just up 14, nasdaq futures turning negative, down almost 4 points this morning. >> nicole: we had a mix bag. the shanghai composite squeezing out a gain today. 2% today. >> lauren: crude oil prices right around $30 a barrel. right now $30 and 76 cents for a gain of 1%. >> nicole: economic slowdown in china, u.s. relations with iran expected to take center tonight. we will have the latest all from the campaign trail. >> lauren: we sure will. guess what we have a winner, actually we have three winning
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tickets in last night's powerball lottery drawing, we will tell you where the tickets were sold. >> nicole: and in sports the new york giants name a head coach, we will tell you who it is. we have a great line for you from beijing. welcome to fbn:am, first look at what's moving in today markets, what to expect for the day ahead . >> lauren: absolutely. a series of explosions rocking indonesia's capital killing at least seven people. we are going to show you the surveillance video. explosion out of starbucks coffee. heavy gun battles followed the blast, police say five of the dead are the attackers including three suicide bombers. this video shows one isn't, the guy in white armed with a gun, no one has claimed responsibility for the attacks just yet. it is the first major attack in jakarta since the bombings of two hotels there back in 2009.
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starbucks issued a statement saying, quote, this store and all other starbucks stores in jakarta will remain close out of an abunked ands of caution until further notice. they're trying to get a handle of the situation. >> nicole: 360-point selloff. we are going to our business reporter rachel to tell us more. good morning, rachel. >> rachel: good morning, shanghai composite bucking the trend over here in asia today and closing in positive territory while the rest of the rest of asian markets closed lower. japan's nikkei was the hardest hit at one point 4% recovering some of those losses. the south korean kospi was down almost 1%. hang seng almost half a percent. bright spot in the region.
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they actually started the session with a selloff tbhu the afternoon, investors were feeling good and ended up closing the day with a 2% gain. >> nicole: live in beijing breaking it down, we thank you so much. >> lauren: stocks plunging yesterday pushing dow to correction territory. down 1300 points alone. blue chips and s&p down more than 7% each. nasdaq up almost 10%. gary, is there any place where you can park your money and find some sort of return? >> gary: well, that's the million-dollar question. lawyer lair i know it >> lauren: i know it is. tbar
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>> gary: i guess it depends on your time frame. if your son or lawyer are about to go to college, i guess cash is the best place to be right now. most people aren't. i would say, i would do two things. i would look at stocks that you love and have always wanted to buy and on sale. it's probably time, not quite but time to start looking at the amazons of the world and google. if you're looking for safe places right now, i think you go into treasury bills, you can go into utilities and that's about it. >> nicole: when you talk about technology in particular and when you say when is the right time to buy, some people love netflix, amazon. you wait a little more, we are
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already in correction mode. >> gary: well, i don't know, i'm just trying to see how much a stock of netflix is down already. i'm going to guess it's down 20-25% from the highs. that's probably a good time to start. yeah, i'm looking here, netflix was 124 back, you know, just a few days ago. i thought i was looking at a one-year chart. it was at 135,000. 106. that stock is down over 25%. that's probably a good time to buy your first bit. let's just say you wanted to buy a thousand dollars worth of netflix, now $300 and put in another 300 and put another 300 if it drops 30-35%. >> lauren: they're in 190 countries now. and the market story is very much a global one too. the fear of the economy slowing is taking stocks down.
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>> nicole: republican presidential candidates facing off in a crushial debate tonight hosted by the fox business network. so take a look at the time lapse video of the debate set in north charleston, south carolina, three contender including carly fiorina, you see rick santorum and huckabee. seven, christy, rubio, all lined up for the debate. sandra smith and trish regan will kick itoff and then join maria bartiromo, niel cavuto. >> lauren: i will bring you coffee in the morning because we are going to be tired. tired. sinking oil prices have another victim. this time is cable news. this thursday morning dow futures up just 9 points. nasdaq futures down 6 points. you're watching fbn:am, first
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look at morning markets and breaking news. don't change that channel. ♪ ♪ these little guys? they represent blood cells. and if you have afib-an irregular heartbeat that may put you at five times greater risk of stroke they can pool together in the heart, forming a clot that can break free and travel upstream to the brain, where it can block blood flow and cause a stroke. but if you have afib that's not caused by a heart valve problem, pradaxa can help stop clots from forming. pradaxa was even proven superior to warfarin at reducing the risk of stroke, in a clinical trial without the need for regular blood tests. and, in the rare event of an emergency, pradaxa is the only oral blood thinner other than warfarin with a specific reversal treatment to help your body clot normally again. pradaxa is not for people who have had a heart valve replacement. don't stop taking pradaxa without talking to your doctor.
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>> nicole: let's take a look at u.s. stock market futures. we have been higher all morning long but stocks are turning negative, s&p 500 now down one quarter of one point.
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the dow holding on and the nasdaq down 7 points. >> lauren: we have seen all year stocks following the price of oil. thirty dollars, 75 cents. >> nicole: al jazeera america is shutting down. the cable news will be gone after less than three years of operation in america. their decision was because their business model was not sustainable in the media marketplace. the network did mention that they plan to expand digital services with more details in the coming months. al jazeera america launched back in 2013 after buying current tv for about $500 million. al jazeera is owned by family.
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>> lauren: that is the smallest audience to have been recorded since records began in 1993. the previous low was just last year with only 31.7 million tuning in. >> nicole: coming up, investors bracing for more volatility after yesterday's late selloff. all the markets are in major selloff correction territory. u.s. stock market futures this morning had been higher, now they're somewhat unchanged. s&p is relatively flat. sinking stock market, all take center stage tonight for sure. you know what's tonight? fox business network debate. we will have the latest from the campaign trail. you're watching fbn:am, first look at morning markets and breaking news. ♪ ♪ ♪
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>> lauren: breaking news this morning, terrorist black overnight in jakatar indonesia. at least seven people dead. good morning, everybody, tough morning. i'm lauren simonetti. >> nicole: good morning, i'm nicole petallides. and checking the futures this morning, they all had green arrows but now red arrows across the board. s&p futures down, nasdaq down almost 9. >> lauren: asian stocks getting slapped except china. >> nicole: we are taking a look here at crude oil prices hovering around 30-dollar a mark.
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record lows for many years, over a decade. >> lauren: economic slowdown and elsewhere and u.s. relations with iran all expected to take center stage tonight. those are the preps of fox business network republican debate. we will have the latest for you from the campaign trail. >> nicole: and we have a winner, actually we have three winning tickets in last night's powerball lottery drawing. we will tell you where the tickets were sold. it could be ewe. >> lauren: and in sports a new hoed coach, we will tell you who it is. welcome to fbn:am, first look at what's moving in markets and the latest breaking news and what to expect on the day ahead. >> nicole: explosions rocking indonesia's capital. explosion at a starbucks. heavy gun battle followed the blast. five of the dead are attackers including three suicide bombers. jakarta's police say isis is
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definitely behind attacks. no one has claimed responsibility for today's attacks. it's the first major attack in jakarta since the bombings of two hotels since 2009. starbucks issued a statement, quote, this store and all other starbucks stores in jakatar will remain close until further notice. >> lauren: we are also following breaking news about fiat chrysler, shares have been suspended after following 8% in italy. traders are citing a report that two dealers in chicago have filed a lawsuit against the auto maker, the suit claims fiat/chrysler offered amount for unsold vehicles as sold. >> nicole: we have covered you across the board on everything that's going on from equities and commodities and more losses on wall street, sending dow into
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correction territory, down 10% from last year's high. s&p down more than 7%. nasdaq down more than 6% and down more than 10% each. we have gary b. smith, fox news contributor joining us on the telephone again. and what are you going to tell the clients for the month of january and february? how worried are you? what do you tell them? [laughter] >> gary: what i tell them is a different i am, i am worried. anyone that's actively in the market always has to be looking over the shoulder. for clients, i think, the vice is always the same, be patient, my gosh, we have been straight up almost for five years, if stocks have to go on sale at some point, so they are going to come down and come in and be able to pick up winners.
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i say, look, we have been getting out of equities for a little while now. you and i have been talking a few months. i started pairing back. now is the time to look at the unobviously places. everyone hate oil, they think they're going to zero dollars a barrel. the best place to look in as company exxon. exxon is going to weather the storm regardless of what happens with the price of oil. it's also weathered the storm better than the price of oil has, i mean, exxon has stayed pretty steady. that's one place to look. as we talked earlier a nice utility like vpu, van guard utility etf would be a great place to hide right now. >> lauren: some of the discraigsary stocks right now, discretionaries were big winners last year, what do you make of that?
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>> gary: we talked the fang stocks. they carried the market last year. if it wasn't for those stocks the market would have been pretty awful last year. those stocks were bound to come in, look, but i say if you use a stock every day and spend money on it, look for a place to buy, probably between the three of us, we probably use amazon every single day, we probably use netflix every single day, we certainly use google every single day. when you see an amazon down say, 30% from its highs, i think it's time to start buying. >> nicole: do we see 14,000, 17,000, 18,000, what do you think we see first, quickly? >> gary: i think we see 15,000 before we see 17,000. >> nicole: gary b. smith kadina group. >> gary: you bet. >> lauren: oil prices set tone for stocks, glut of crude. that's the international benchmark.
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traded below $30 a barrel yesterday for the first time in over a decade. phil flynn back with us right now. phil, what's your take on the oil market today? >> phil: well the crude story is the big story falling below $30 a barrel. number one, under wti because the market expects the next week we are going to be seeing iranian oil come back on to the market. but there's a more positive part of that story, the other part of that story is that the u.s. for the first time since the 1970's exported oil. so wti is now getting back into the global marketplace. it's reasserting itself as the global benchmark and it's putting that spread back where it used to be historically. >> nicole: you know, phil, yesterday when we looked at news out of china, the other piece of good news was the imports in china on oil, so what do you
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think of that? delve into that going into the week or month ahead? >> phil: i think when you look at the chinese economy and stock market, there's two different stories. you do have a growing consumption in china as they're trying to get away from the industrial sector and move to consumer sector. they're buying so many cars in the country they don't even have room in the streets. everybody wants a car. you have to be a lottery ticket to buy a car in one of those cities. i think at the end of the day, the china demand story isn't going away. my concern is because there's been this short-term hicuup in the market, it's going to start going away and even goldman sachs is talking about $20 a
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barrel. they're saying we getting close to a bottom. when prices crash like this, there's a price to be paid and we are seeing the bankruptcies and that's going to hurt us in the future. >> lauren: phil flynn, thank you so much. >> phil: thank you. nicole kidman republican presidential candidates in debate tonight hosted by the fox business network. take a look at the debate set getting set up there in north charleston, south carolina. seven candidates including donald trump and ted cruz will take the stage in the late debate. make sure you tune in tonight at the fox business gop debate. sandra smith and trish regan will kick off the first debate at 6:00 p.m. eastern time and then join maria bartiromo and niel cavuto for the second debate at 9:00 p.m. >> lauren: ted cruz responding to a report that he fail toddies close loans during his 2012 senate campaign. texas senator calls it an
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inadvertent filing question. >> those loans had been disclosed over and over again on multiple filings. if it was the case that they were not filed exactly as the fcc requires, then we will amend the filing, but all of the information has been public and transparent for many years and that's the end of that. >> lauren: one mil loans included sum from goldman sachs where his wife is an employee. loans were paid down in 2012. florida congressman was on the show radio show promising to challenge cruz over his citizenship. >> if he is the republican nominee, if the republicans are so unwise that they actually decide to nominate somebody who is constitutionally of being cable of sworn into office, then i will file a legal challenge of him being on the ballot.
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>> lauren: his mom was an american citizen. >> nicole: donald trump said there were going to be lawsuits. we will see if that comes to fruition. iran has released u.s. sailers who had drifted into territorial waters but the iranian government is using footage from as propaganda tool. that includes images of u.s. sailers on their knees with their hands behind their heads in a video showing one sailer apologizing. earlier vice president joe biden said no apology was necessary. >> no, there's no apology. there's no apology for it. when you have a problem with a boat, you apologize that the boat had a problem? no, there's no looking for any apology. >> nicole: a clip postposted on twitter by journalist supposedly shows one of the sailers apologizing. >> it was a mistake, that was our fault and we apologize for our mistake. >> nicole: state department spokesmen will access whether
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the video was authentic, videos are not supposed to be shown under the geneva convention. much outrage this morning. >> lauren: there were at least three winners in last night's record power ball drawing. winning tickets in california, tennessee. california lottery officials said the winning six numbers had been purchased at a convenient store outside of la. they're going to have a lot more friends and family showing up. lottery officials said it could be several hours before it's known whether they have winners. i did not win. i'm here. >> nicole: long-term investment. shanghai composite up 2%. nikkei down and hang seng also lower a half of percent much like the kospi.
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>> lauren: u.s. stock market futures down. >> nicole: after a huge sell thawf put markets in correction territory, we saw up arrows, we soldoff, we were in negative territory. in the last five minutes turned positive again. volatility is here. dow futures right now down. >> lauren: crude oil prices $30, 79 cents. up 31 cents at if moment. >> nicole: earning season. lauren gets under here. we are looking at jpmorgan chase. analysts are looking for the bank to earn 1.25 cents a share on revenue of just under $23 billion. our own maria bartiromo asking ceo jamie dimon, seeing their
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worst ever start to a year. >> obviously a lot of eminent activity. there's nothing wrong with that. that's just a form of activity that could be good. i think you'll see companies spend more when they have more reason, you know, kind of get stronger. >> maria: so we are sort of bumping along the bottom? >> well, i think we are growing. we've had moderate growth for five years. >> nicole: we will have jpmorgan's results. intel posting the numbers after the closing bell. two dow components key to watch today. >> lauren: absolutely. multiple report that is the new york giants are hiring ben as their next head coach. a person familiar with the decision said 38-year-old is given the job a little more than a week after tom coughlin stepped down. senate bengals coordinator jackson was one of the top
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candidates for the giants job but turned down interview to accept coaching job with cleveland browns. >> nicole: we have maria molina, she knows. good morning, maria. >> maria: temperatures a little bit better, coming up next week we could be looking at some changes with coldest air of the season so far making itself way southward and hitting areas like the midwest and possibly the east coast. we will keep you updated on that. it's quite heavy at times out here. it's going to be a messy travel day for you and tomorrow we are watching an area of low pressure that's going to be developing across the southern u.s. bringing heavy rain and heavy snows across portions of the northeast as well as strong winds and also heavy rains along coastal areas. it would be messy weekend across the northeast. on saturday, current
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temperatures, much improvement with temperatures milder, across midwest in the 20's, teens in places like minneapolis. you'll be in the 30's in chicago and much milder as you hit toward the gulf coast. >> nicole: power ball 4, 8, 19, 27, 37, 10. >> lauren: i wrote them down right here. coming back we will run down global market action before we hand it over to mornings with maria. ♪ ♪ trust me, we're dealing with a higher intelligence here. ♪ the all-new audi q7 is here. ♪
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he ran for senate saying he opposed amnesty... then he flipped, and worked with liberal chuck schumer to co-author the path to citizenship bill. he threatened to vote against it. and then voted for it. he supported his own dream act and then he abandoned it. marco rubio. just another washington politician you can't trust. jeb bush. he's a leader, so you always know where he stands. right to rise usa e.
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>> nicole: you hold on to the roll internaler coaster. dow futures had been up over 100, we are negative a short moment ago but now up 7 for dow futures. s&p relatively flat and nasdaq down 5. looking at commodities, one of the reasons is oil.
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we go right to south carolina, the place of gop debate, mornings with maria begins right now. we say hello to dagen mcdowell, good morning, dagen. >> dagen: good morning, nicole. that is right, live for you from north charleston, south carolina. it is the fox business republican debate, thursday january the 14th and we are all over it starting right here right now. joining me all morning long sky bridge capital anthony scaramucci and morgan ortagus. your money, your world, your safety, we will cover it all for you. top stories, breaking news out of indonesia terrorists rocking the capital city of jakatar with multiple blasts and shootout with police.
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[speaking in native tongue] >> dagen: multiple explosions rocking the city center leaving seven dead including four suspected terrorists. we will have more on the developing story throughout the program. to the campaign trail, well all roads lead right here north charleston, south carolina. early even at 6:00 p.m. and moderated by my colleagues sandra smith and trish regan. the later debate. the host of this program maria bartiromo, one of the moderators there along with niel cavuto, that is at 9:00 p.m. eastern time. you don't want to miss it because, well, republican donald trump is already in a war of words, this time with the governor-this grate -- great

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