Claman on Call: Markets Close Lower for Fourth Day

By Markets FOXBusiness

Breaking news just minutes before the closing bell: Reuters reported Samsung recently approached BlackBerry about a possible takeover with an initial price range of $13.35 to $15.49 per share. The news sent BlackBerry shares skyrocketing nearly 30%, the largest one day gain in 11 years. Samsung declined to comment when reached out to by FOX Business, and BlackBerry later released a statement that it had not been approached by Samsung.

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Taking a look at markets: U.S. stocks ended the day lower for a fourth consecutive trading session. Weak December retail sales, JP Morgan's lackluster fourth quarter results and plummeting copper prices weighed on the markets.

And speaking of bank earnings, still to report -- Citigroup, Bank of America and Goldman Sachs -- will they follow in JPM's footsteps or knock it out of the park? Banking analyst Dick Bove joined FBN with an earnings preview, plus, wait until you hear what he had to say about whether Goldman needs to get bigger in order to survive. Head to FOXBusiness.com/OnCall for the full interview.

Now, here's what's coming up tomorrow: We'll get weekly initial jobless claims, out at 8:30 a.m. ET. Plus, Bank of America and Citigroup will report fourth quarter results before the bell. Then we'll hear from Intel after market close. Don't miss what Intel CEO Stacy Smith has to say -- he's joining FBN on Thursday to talk fourth quarter results and the biggest tech trends to watch in the New Year.

Be sure to check out all of today's interviews on FOXBusiness.com/OnCall and tune into Countdown to the Closing Bell every week day at 3 p.m. ET.

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