Williams of dollars in market value gone in minutes. I am frank sommerville. We will hear from an expert who says, dont panic. But first the numbers from today. The dow was off 588 points, but that was actually an improvement after being down more than 1000 points at the beginning of the trading day. The nasdaq lost 179 points. The s p lost as well. All of this on top of big losses last thursday and friday. The Chinese Market has been setting the tone. It is tuesday there and investors are once again selling off. The shanghai composite was down for percent in morning trading. Australia and korea were in positive territory. The dow and nasdaq are off 13 . The snp 500 is off 11 . S p 500 is off 11 pit percent. So what is the smart strategy Going Forward . We have Ken Pritchett live. Reporter volatile would be a fitting word to describe the us market today. We have seen it all day long. That was the selloff rational given a relatively healthy economy . Shortly after the opening bell, the
Ritchie. September 3rd, mayor took out his phone and started rolling. There was flames coming up. He caused the fire by trying to make the wax form marijuana. Something happened and it caused an explosion and fire. The 1yearold baby, girlfriend and two dogs. He left the house and left the two dogs that were caged up. Instead of saving the dogs, he wants to save the dogs. Deputies arrested his girlfriend and his friend, raleigh decker. They say the same is intact for brown or anyone else helping him. If youre hiding him, everybody will be also. Unharmed and in state custody. He may be driving a white four door kia with the lance plate, gssy 8. Anyone who spots him is asked to call the Pasco Sheriff Office we have a news alert from texas. Two Fort Worth Police officer were shot when responding about a call about a suicidal man. Officers say he shot. And our dallas station says, one is in serious condition. The other has minor injuries. Developing tonight sh the neighbors of the mosaic pl
We begin with pasco county deputies. He ran out of his burning home. It caught fire as he was cooking marijuana wax. Investigators are hunting him down but tonight, hes still on the run. This home is an empty shell of charred debris. The man who lived here, let two dogs die so he could save his drugs. This is steven brown. Pasco deputies say hes a hardened drug dealer. They say he started this fire that sparked his home in port ritchie. September 3rd, mayor took out his phone and started rolling. He caused the fire by trying to make the wax form marijuana. Something happened and it caused an explosion and fire. The 1yearold baby, girlfriend and two dogs were inside. He left the house and left the two dogs that were caged up. Instead of saving the dogs, he wants to save the dogs. Deputies arrested his girlfriend and his friend, they say the same is intact for brown or anyone else helping him. If youre hiding him, everybody will be also. And browns child was unharmed and in state custody
Begin. Adam first up, the economy. Peter barnes has more for us. You sat down with loretta metzger. She said she believes that the fed can start raising shortterm Interest Rates sometime in the first half of this year because the economy is getting stronger. She would like to make sure that they do it before they get to full employment, which, for her is five and a half percent. Here is what she said. Maybe we were seeing an acceleration in growth. A very deep recession. Now, we are getting to the point where i think the economy is moving into a stronger growth pattern. As far as the exact timing and the pace of increasing rates , she said it will be data dependent. Back to you. We will talk about that peter barnes. We want to bring in peter marie cheap. Why arent more people feeling it . The u. S. Economy downsized substantially. They are probably permanently out. They have found other ways to support themselves. They are not likely to make the sacrifices they need to make to reenter
And new york city. When asked christie has insisted he knew nothing about a deliberate plan to snarl bridge traffic. I knew nothing about it, i didnt plan it, i didnt approve it, i knew nothing about it. Miles of Traffic Congestion , delaying emergency crews undoing every christys reputation. Evidence that christie new of bridge traffic jam planned now, christy who some could say might make a 2016 run for the white house has told the press on wednesday, that he knew nothing of this scandal and is, quote not the least bit concerned. Live in the sat center, justin finch, cbs3, Eyewitness News. Justin, thank you so much. Erika . Ukee, it was a mostly peaceful protest but there were some tense moments as philadelphia had a philly is baltimore protest. Police report just two after he cents. Hundreds of people marched in center city to protest freddie grays death and expressed concerns about relations with police closer to home. Some protesters tried to walk on to the vine street expressway,