The DOW traded higher at the open but soon turned to trade lower for the rest of the session finishing the day down 237 points. The S&P closed down 19 points, the NASDAQ fell 55 points. FTSE 100 gapped higher at the open but could not hold on to the gains closing down 81 points. Futures – DOW is called up 100 points, FTSE is called down 35 points. Oil is trading at $97.13 a barrel and gold at $828.30. 

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