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Why is this happening? there are a lot of reasons. always to decipher the stock market even after it happens. global growth, slowing global growth is playing a role. well take a look at those numbers. if you look over here on a global basis, growth is coming down from, is projected to come down from 3.2% to 3%. that may not sound like a lot but thats a couple hundred billion dollars when you look at it across the worlds economy. >> when you look at china, it wasnt so long ago that china experien...

Wall street will be closed today to observe the national day of mourning for president bush. global markets taking a hit after the dow plunged nearly 800 points yesterday. christine romans joins us now with what is fueling all of the jitters. i see we are both wearing our beautiful money green -- for me, its in honor of laura bushs green dress yesterday, and i think everybody got the memo. >> yeah, trading closed today and the respite welcomed. yesterday was the worst day since october 10th, and...

U.s. financial market will be closed to honor the memory of the former president george h.w. bush. yesterday what a day. the dow fell 799 points. thats 3.1%. it was the dows worst day since october 10th this year when it lost 832 points. the nasdaq closed down 3.8%. those are big one-day moves. the s&p 500 fell 3.2%. lets put some perspective around this. 799 points sounds really scary. in point terms it was the fourth largest drop in history. in percentage terms, thats 3.1%. certainly a bad day...

It was president george h.w. bush. he said such incredibly kind things. and what he said was rooted, again, in his love for our country. >> he had another reminder -- yet another reminder of a different era in politics. gore says mr. trump -- excuse me, mr. bush leaves behind a legacy of dignity and grace. u.s. financial markets will be closed today to honor the memory of the former president. it was a respite that will be welcome today. the dow fell 799 points. thats 3.1%. it was the dows wor...

To the occasion." the 91st oscars will air live on abc february 24th. lets check cnn "business." global markets lower after the dow lost nearly 800 points tuesday. in asia, the nikkei down half a percent. the shanghai fell half a per tent. the hsi down nearly 2%. the dax in germany, ftse, london, cac, down a little more than 1% in early trading. u.s. financial markets will be closed today to honor former president george h.w. bush. a welcome respite after tuesdays close. the dow fell 799 point...

3.1%. the worst day since october 10th when it lost 832. the nasdaq closed down 3.8%. the s&p 500 fell 3.2%. so 799 pointssoundscary, and in point terms it was the fourth largest drop ever. in percentage terms, thats 3.1%. certainly a bad day, but it ranks as only the 329th worst day only percentage-wise. two things took down stocks. one, one, one,le the realization -- one, the realization that work with the chinese is still left to do. and the president called himself tariff man in a tweet sto...

Repose until he is buried tomorrow. u.s. financial market will be closed to honor the memory of the former president george h.w. bush. yesterday what a day. the dow fell 799 points. thats 3.1%. it was the dows worst day since october 10th this year when it lost 832 points. the nasdaq closed down 3.8%. those are big one-day moves. the s&p 500 fell 3.2%. lets put some perspective around this. 799 points sounds really scary. in point terms it was the fourth largest drop in history. in percentage ...

Anchorage? >> it is an earthquake area. theyre prone to earthquakes in the area and not uncommon to get earthquakes. we have alerts of 3.1, 3.2 felt across the area. but this is absolutely a big tremor felt across a large swath of the region and why that tsunami alert you are looking at is put out. they have not had reports of a tsunami yet and always a concern, especially in alaska. anchorage is on an inlet close to the water. so thats a concern theyre watching right now, as well. >> all right....

Office and here is how that exchange went. >> president trump: i think im doing a great job. we have the best economy weve ever had. look, i hate to do it but i will do it. i would give myself an a plus. is that enough? can i go higher than that? >> bill: he could a +. >> my grade is a minus. the only reason i wouldnt go a plus is because of the spending. i was hoping we could get spending down. the spending bill is way too much. everything else is a plus, a plus, how could you deny the presiden...

Observer of the market reconcile those two things, the economy 7 million job openings, 3.2% nonsupervisory year over year wage growth best in 10 years. corporate profits at all-time record. how do we get that and get what we saw in october and we are already experiencing in november? >> i think the market is simply forward-looking and has been pretty much forever. just, remember, germany and japan just announced contracting quarters yet europe topped out months and months and months ago. i suspe...