Page 288 - Drops News Today

Welcome back, everyone. joining us now for yesterdays plunge on wall street, dominic chu. the dow experienced yesterday its largest interday drop. what happened yesterday? >> so yasmin, ayman, it was the biggest point drop the in dow history. and its an important distinction. the point drops will be bigger as the market rises, but theyre not as big on a percentage basis. not the biggest move lower in history on a percentage basis. a lot of what is driving the market right now is this idea that w...

>> im up already. >> be careful what you wish tore. >> "morning joe" starts in 28 minutes. >> you saw on that screen a lot of red and people talking about the word volatility. put that into perspective for us. how concerned should people be this morning? >> well, you should certainly be concerned. having said that, there is no way to predict markets. nobody is good at it. this volatility or the fluctuations in the market come after a period where theres been very little fluctuation in the market...

In june of 2016. the steepest point decline since the financial crisis. the dow and s&p with the biggest drops with 4% each. fridays strong jobs report showed wage growth is there. 2.9% wage growth. it reinforces the concern of the inflation and bond market. some analysts think the market is long overdue for a correction. is this finally the place to buy or is this the beginning of the end of that ten-year bull market next month. this is withis what a late cycl like. all right. new clues in th...

>> so the concern about inflation, is that a serious concern? >> richard was right to attribute the volatility to electronic trading which is why you see the huge drops within just a matter of minutes. but there is concern about the if he had raise go rates. you get used to a good thing, a 43 party. the federal reserve having interest rates at zero. you will see wallace reacting in ways weve seen today. and over the last week. weve been in the need in anticipating some sort of market correction....

Crisis and during the various things in the early 2000s, the scandals that would occur. it is around recessions. there is nothing on the horizon that suggests a recession. >> well there is nothing on the horizon that suggests a recession in 2018. weve been expecting actually an acceleration of growth in 2018 but there is rising concern because of the potential for overheating, higher interest rates, we could get a contraction in 2019 or 2020. >> this is accelerating very steep drops. were 5.25%....

African-american unemployment being at its lowest level ever, the camera cut away to members of the congressional black caucus who were not standing or applauding. >> yeah. you know, its interesting because this should be another thing that brings us together. you have a bipartisan achievement over the past five to six years first under obama and then continuing under trump youve seen this decline in black unemployment. now, the reality is under obama youd sometimes have 1.8% drops, 1.6% drops. ...

Always appreciate it. >> thank you. take care. >> anderson cooper, back to you, sir. >> jake, thanks very much. back now with our panel. to what she was saying about african-american unemployment being at its lowest level ever. the camera cut away to members of the congressional black caucus who were not standing or applauding. >> yeah. you know, its interesting because this should be another thing that brings us together. you have a bipartisan achievement over the past five to six years first u...

Wiped off. $30 billion get wiped off the ten largest health insurance and pharmaceutical stocks. the biggest down drop on the day was met life, down 9% at one point that led to quite a big pull-down on the dow, which was down almost 400 points, one of the biggest drops in the last five months. >> more bad news for harley-davidson as they announce plans to consolidate the manufacturing operations and close its plant in kansas city. what more can you tell us? harley-davidson has had a tough run ov...

Last year at this time, he gave a speech to a joint session, its not called the state of the union technically in your first year in office. the president told reporters he sees this as a big speech, get the focus for the nation back on his legislative agenda. his advisors are saying there are really five key pillars to this address. drops in the economy, infrastructure, we have been waiting on that for a long time, immigration, obviously dominating the headlines, trade, another big issue, as we...

He began the show upbeat. >> you dont need to chant my name. america doesnt have dictators -- yet. >> here you have a guy, a host ready to tell a certain number of jokes that he expects are going to come out in the way he wants. and instead the show starts to turn. >> bill carter is the author of "the war for late night." >> so hes like in between. he doesnt know which way to go. >> when trump wins a state, it will turn bright orange. >> colbert tried to keep the jokes coming as the race got clo...