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Dow futures tank after oil rout

IN THE NEWS TODAY

U.S. stock futures were sharply lower this morning, after Monday's nearly 6 percent drop in crude sparked broad selling in oil shares and sent the Dow negative for the year. (CNBC)

Oil prices were stable this morning, coming off their lowest levels since February of 2009 as global oversupply was compounded by concerns about OPEC's decision to keep output high. El Nino weather patterns are adding to the pain. (Reuters & CNBC)

Asian stocks closed in the red today, after crude's plunge on Monday. Japan's Nikkei lost 1 percent, while China's Shanghai composite dropped nearly 2 percent. (CNBC)

Despite the ongoing weekly closures of U.S. oil rigs, spending cuts, and the cancellation of drilling projects, Energy Secretary Ernest Moniz told CNBC the country's crude production will recover. (CNBC)

The husband and wife killed after carrying out last week's San Bernardino massacre had been radicalized "for quite some time," and practicing at a target range before the attack, an official said. (NY Times)

GOP presidential candidate Donald Trump Monday called for the U.S. to bar all Muslims from entering the country in the aftermath of the terrorist attacks in Paris and San Bernardino. (NY Times)

An Air France passenger plane on its way to Paris from San Francisco was diverted to Trudeau Airport in Montreal, Canada, late Monday following an "anonymous" bomb threat. It was a false alarm. (CNBC)

Canadian Pacific Railway (CP) has revised the terms of its bid for Norfolk Southern (NSC), hoping to make the deal more financially attractive while reducing regulatory uncertainties for Norfolk shareholders.

Boston College said several of its students, including members of the men's basketball team, complained of stomach problems after eating at a Chipotle (CMG) in the city, raising concerns about an E. Coli outbreak. (AP)

Some say Remington's landmark legal settlement could still leave millions of defective rifles in the public's hands. | How to get a Remington rifle fixed | Defective or not, why the government can't recall guns (CNBC)

T-Mobile (TMUS) is coming under scrutiny from the New York attorney general over its popular ad campaign promising to rip up service contracts and do away with hidden fees. (USA Today)

The CFO of Verizon (VZ) said the wireless carrier could look at buying Yahoo's (YHOO) core Internet business, which includes email, news and sports sites, and ad technology. (Reuters)

Nike (NKE) has signed NBA star LeBron James to a lifetime endorsement deal. The terms were not disclosed, but sources told CNBC that it's the biggest in the sneaker giant's history. (CNBC)

Investment giant Pimco has named former heads of two of the world's biggest central banks to its advisory board, tapping ex-Fed Chairman Ben Bernanke and ex-ECB President Jean Claude-Trichet. (Reuters)

BY THE NUMBERS

U.S. small-business confidence tumbled in November amid worries over sales growth and profits, but remained at levels consistent with an economy expanding at a moderate 2-percent pace in the fourth quarter. That's according to National Federation of Independent Business.

Toll Brothers (TOL) this morning missed estimates on earnings but beat on revenue. The luxury homebuilder expects full-year revenue in the range of $4.5 billion to $5.6 billion. Among today's scheduled after-the-bell profit reports are Costco (COST), Dave & Busters (PLAY), and Krispy Kreme (KKD).

STOCKS TO WATCH

Shares of Outerwall (OUTR) lost about a quarter of their value in premarket trading after its Redbox self-serve video rental kiosks failed to meet performance expectations. The company also slashed full-year guidance and announced the departure of Redbox's president.

European Union antitrust regulators charged U.S. chipmaker Qualcomm (QCOM) today of using anti-competitive practices to block rivals.

Valeant Pharmaceuticals (VRX) is reaching out to potential buyers for its specialty contact lens manufacturing division, Paragon Vision Sciences, amid scrutiny from the Federal Trade Commission.

Staples (SPLS) said it would contest a decision by the FTC challenging its proposed $6.3 billion merger with Office Depot (ODP). Both companies said the decision is based on "a flawed analysis and misunderstanding" of the competitive landscape.

Newell Rubbermaid (NWL), known for its Sharpie markers and Parker pens, is in talks to combine with consumer products company Jarden (JAH), according to the Wall Street Journal.

Activist investor Carl Icahn again raised his stake in Cheniere Energy (LNG) to 13.8 percent from 12.7 percent, according to the Wall Street Journal.

WATERCOOLER

In the ongoing battle to get more drivers to put down their phones while they're behind the wheel, a new report from State Farm is a sobering reminder that there's still a long road ahead. (CNBC)

IBM (IBM) has pulled the plug on a campaign to attract women to science and technology by encouraging them to "hack a hair dryer." The promotion was panned on social media. (NBC News)

A man in Aspen, Colorado who's been homeless for six-years beat the 840,000-to-1 odds to win a half-million dollars on a lottery scratch-off ticket. (NBC News)