Seems to be reducing. But there are also concerns about the wider us economy that led to a wider sell off on us markets, as ritika gupta explains. The snp 500 saw its biggest slide since an early august meltdown, ending the session down 2%. This comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. The nasdaq index closed down by 3%, while the dowjones index slipped by 1. 5%. One of the biggest losers on the day was nvidia, the high flying artificial intelligence darling, which raised more than $240 billion in market value. The chip maker shares closed down over 9%. 0ther semiconductor stocks, including micron, intel and advanced micro devices, fell in sympathy. The market also took a leg lower after manufacturing production data shrank for a fifth month in august. The institute for supply management manufacturing gauge edged up to 47. 2. A reading below 50 indi
August meltdown, ending the session down 2 . This comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. The Nasdaq Index closed down by 3 , while the Dowjones Index slipped by 1. 5 . One of the biggest losers on the day was nvidia, The High Flying Artificial Intelligence darling, which raised more than 240 Billion in market value. The Chip Maker shares closed down over 9 . 0ther Semiconductor stocks, including micron, intel and advanced micro devices, fell in sympathy. The market also took a leg lower after manufacturing Production Data shrank for a fifth month in august. The institute for Supply Management Manufacturing gauge edged up to 47. 2. A reading below 50 indicates contraction. The data reignited concerns around slowing growth within the us economy, which helped drive a Sell Off early last month. The action comes ahead of us governments augustjobs report,
This as were learning more about the Special Counsels other probe into election interference. So what did jack smith find in trumps twitter files . Also breaking, multiple arraignments this morning for alleged false electors in michigan. The charges they face in connection with the 2020 vote. Good to be with you. Its 10 00 eastern. Im Ana Cabrera Reporting from new york. We begin with the Breaking News out of hawaii this morning and the near apocalyptic scenes from the wildfires in maui. Authorities confirming that the death toll now stands at 36, an unfathomable number. As they say, it will still climb likely because Search And Rescue efforts are still underway at this hour. The pictures of the destruction on this island are just hard to wrap your brain around. The town of lahaina, a Historic Place in hawaii has been reduced to ashes. Nearly 300 homes and businesses now gone. My moms place is gone. My place is gone. Pretty much everybody i know lost everything that we have. I mean, i
This will get the hostages out and get a significant amount ofaid in. This would allow us to build something more enduring, to ensure israel is secure, and to respect the right of the Palestinian People to dignity, freedom and self determination. Crowd cheers hamas claims it wants a cease fire. Well, there is a deal on the table. And as we have said, hamas needs to agree to that deal. Lets get a cease fire. Lets reunite the hostages with their families. And lets provide immediate relief to the people of gaza. Lets speak to Tommaso Della longa who is the spokesperson for the International Federation of red cross and red crescent societies. It is good to speak to you again. Those are some of the strongest words we have heard from the us. Could you tell us what youre hearing about the humanitarian situation there on the ground . Thanks a lot for having me today. The humanitarian situation in the gaza strip is still desperate and every day that the conflict continues, the more the nude wil
And just manage to get some sleep wherever you can . Yeah. It can be really tough. Yeah. Its still very hard for some of us to get a nap. Oh, the worlds biggest yawn. With osaretin off work on maternity, three mouths to feed and three babies to hold, life and finances have been a juggle. He has reduced his hours to 20 hours a week. So the moneys really not coming any more. So youve had to cut back your hours at work then, just to just to manage physically with looking after the babies . And it was really it was something hard, but we had to do the sacrifice. But laurens been able to help out by giving a £370 grant. Hi are you 0k . Its gone straight on nappies, baby formula, and paying the energy bills. For lots of families. That weve supported itsjust meant, you know, feeding their children, heating their homes, you know, just those really important butjust basic things that you really need to raise small children. Laurens team have now given money to 82 families through the governmen