Page 13 - Point Drop News Today

Recession warning light now flashing the first time since 2007 which was just before the great market crash and recession. a recession which it is important to remember was the worst since the great depression in the 1930s. the stock dropped today. the biggest in year. the fourth largest point drop in american history. >> if you are joining us we closed at the session lows down 800 points on the dow. >> fears of another recession causing panic. >> breaking this evening,s sell i dont have on wall...

Were back with a look at the markets as the trading day comes to an end. lets see whats going on in the dow. unless something changes in the next couple of minutes, this is going to be the largest percentage drop of the entire year. the dow is down 775, not large point drop because thats not actually the way it works. the dow is much lower now than the last time we saw a big point drop. so were getting a percentage drop of 2.91%. we had a percentage drop on january 3 of 2.83%. i know its temptin...

Embargo are u.s. businesses and global aid. markets trying to find their footing. a flare-up in the trade war between the u.s. and china dragging down stock prices around the world. the dau closed down 767 the worst day of the year and sixth worst point drop. the s&p 500 down nearly 300%. the nasdaq down 3.5%, the worst since october last year. what happened? china retaliating against the latest round of trump tariffs. china devalues the yuan in a decade. it risks starting what is known as a c...

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>> neil: let me ask you about that, scott. i noticed j.p. morgan that says you buy on the dip. im wondering if you subscribe to that view. this would constitute a dip. so what do you do? >> theres no question about that. if you followed that over the last five, six, seven years, youve done well. i dont see it any differently right now. maybe the steep decline has added volatility. maybe theres more risk in doing that this time. i think the bearers that have taken hold, they better watch out. jus...

And how much better it will get if he gets a second term. former white house staff economist, council of economic advisors for the george w bush administration, beth acres joining us now. always appreciate it. looks like the presidents going to get his wish this week, quarter point drop in the fed rate. for a president who keeps saying the economy is so good, give me another term, thats got be a big gift. >> yeah, definitely. so whether or not this rate cut is really needed is a bit up for debat...

This is business asia on. as welcome as the u.s. and china are talking again representatives of the 2 countries spoke on the phone tuesday night thats according to chinese news agency shin watch its about time because weak industrial numbers out of china have renewed fears that demand for chinese goods is beginning to fall off thanks to the trade conflict with the us the producer prices index an important theyre all much of the industrial sector sector that measures the cost of goods at the fact...

Less than the buttigieg effort. but biden did join the race into the quarter. he was only running for 66 days of it. so they say that he made more money per day than anyone else. theyre also saying this should count as bidens first quarter. if you compare the first quarter to mayor pete, biden actually made more. but its not the first quarter, its the second, that we are talking about, as these numbers continue to come in. right now mayor pete is positioned to have had a better quarter than anyb...

Senator kamala harris attack on joe biden was devastatingly effective and shows bernie sanders is slipping. and pete buttigieg despite his fund-raising numbers is practically stagging. its in the numbers, mark, quite a dramatic drop for vice president joe biden. although there are other numbers that look more positive for him. break it down for us. >> when you talk about dramatic, a 10 point drop, at the same time you add elizabeth warren and kamala harris both coming up almost by double digits ...

Its way too early to talk about polls. i think the way that we win is to go out and talk to people all across this country about our plans for the future, about our vision, about what were really willing to get in there and fight for. i think thats going to be the big difference. >> although joe biden maintains a consistent lead in most 2020 polls elizabeth warn, bernie sanders and pete buttigieg are slowly inching their way closer to bidens lead. the newest poll released this week show sanders,...