New Zealand Business NZ PMI climbed from previous 54.7 to 56.7 in December

Wall Street had a terrible day, with the DJIA dropping as much as 565 points mid-American afternoon, following WTI prices that briefly breached the $27.00 mark. Stocks however, staged a sharp rebound in the last hours of trading, and the Dow closed "just" 249 points lower at 15,766.74.