severe storms slamming parts of the northeast. nearly 14 million on alert for powerful thunderstorms. rob marciano timing it all out. also developing tonight, the plunge on wall street. investors reacting to tough words from the fed chair. the dow dropping more than 1,000 points. jerome powell saying more pain and rate hikes are ahead to bring down inflation and hold back a possible recession. rebecca jarvis breaking it down. the battle of the drug giants over the covid vaccine. moderna suing pfizer, saying its rival copied its technology. how pfizer is responding tonight, and what this could mean for the future of the covid shot. the dire warning from ukraine. the head of the country s nuclear agency telling abc news just how dangerously close the country s largest nuclear plant was to catastrophe and how it could happen again. one louisiana mother s personal struggle for an abortion. doctors recommending she terminate her nonviable pregnancy, but she says she was de
jonathan karl and pierre thomas standing by. severe storms slamming parts of the northeast. nearly 14 million on alert for powerful thunderstorms. rob marciano timing it all out. also developing, tonight, the plunge on wall street. investors reacting to tough words from the fed chair. the dow dropping more than 1,000 points. jerome powell saying more pain and rate hikes are ahead to bring down inflation and hold back a possible recession. rebecca jarvis breaking it down. the battle of the drug giants over the covid vaccine. moderna suing pfizer, saying its rival copied its technology. how pfizer is responding tonight, and what this could mean for the future of the covid shot. the dire warning from ukraine. the head of the country s nuclear agency telling abc news just how dangerously close the country s largest nuclear plant was to catastrophe and how it could happen again. one louisiana mother s personal struggle for an abortion. doctor s recommending she terminate
jonathan karl and pierre thomas standing by. severe storms slamming parts of the northeast. nearly 14 million on alert for powerful thunderstorms. rob marciano timing it all out. also developing, tonight, the plunge on wall street. investors reacting to tough words from the fed chair. the dow dropping more than 1,000 points. jerome powell saying more pain and rate hikes are ahead to bring down inflation and hold back a possible recession. rebecca jarvis breaking it down. the battle of the drug giants over the covid vaccine. moderna suing pfizer, saying its rival copied its technology. how pfizer is responding tonight, and what this could mean for the future of the covid shot. the dire warning from ukraine. the head of the country s nuclear agency telling abc news just how dangerously close the country s largest nuclear plant was to catastrophe and how it could happen again. one louisiana mother s personal struggle for an abortion. doctor s recommending she terminate her nonvi
welcome back, everyone. joining us now for yesterday s 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 it s an important distinction. the point drops will be bigger as the market rises, but they re 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 we ve been floating for so high for so long without any kind of a pullback that all of a sudden we are seeing a bit of a correction, a pullback to levels we typically would see in a normal market. what s happened over the last few years has not been