Page 28 - Point Drop News Today

He told me the dow is likely to fall another 5% lower from here. the dow fell triple digits out of the gate this morning. we had weak reports on the economy, including u.s. auto sales, as well as some weak u.s. manufacturing data, and then the selling picks up mid-day. investors running for the exits. the dow plunged 300-points and finished at its lowest, down 325 points on the day. but it wasnt just the dow. the s&p, the nasdaq, the tech-heavy nasdaq, suffered its first 100 plus point drop sinc...

Yesterdays 180 point drop not at all as bad as what we are seeing now. joining me now from the new york stock exchange. whats happening. >> the bears came out to play after the opening bell and havent looked back. we have seen the losses accelerate as the day has gone on. the main driver for the sell off, a sell off in currencies of emerging markets. the argentinian peso and the turkish lira plunging against the dollar. there is an expectation that the fed that is pulling back on the stimulus is...

It dissolves in any temperature, even cold. tideod pop in. stand out. >> some democrats filing the backlash of obamacare. a new poll shows 14 point drop in two month and the number of people that will r. likely to vote democrat in 2014. some liberals say this is a sign dems need to own obama in a care, not run away from it ryan cooper blogged on the "the washington post," the at this point it call moderate democrat instinct is to make some move toward the republican side. no amount of distancing...

Months ago. today its a different story. take a look at latest gallop poll out about big government. the question, which of the following will be the biggest threat in the future. gig government 72%, big business 21%, big labor 5%. the latest fox poll is president barack obama hon skpes trustworthy? now 45%. that has changed in recent months. since 2009 a 30 point drop. the high of 73%. lets bring in our panel about these shifts. senior analysts, associate editor of the hill, indicated columnist...

>> the tea party is less popular than ever. 49% view them unfavorably. the tea party unfavorability drop was steepest for a self label liberal and moderate republicans. 27% view them favorably now and 46% had a favorable opinion back in june. thats a 19 point drop. the rewrite is next. its oreilly versus hannity. think about it. which one of them is right? so she could take her dream to the next level. so we talked about her options. her valuable assets were staying. and selling her car wouldnt ...

Rating agency tonight has downgraded americas aaa credit rating for the first time in u.s. history. >> downgraded, the u.s. loses its perfect credit rating for the first time in history. >> s&p said last night the political brinksmanship highlights what we see as americas governance and policy making becoming less stable, less effective and less predictable. >> heres the damage from today. the dow down over 634 points. thats the sixth largest point drop in its history, the worst since 08. nasdaq...

Republicans like john boehner, because we know its obamas fault. boehner has no problem letting the government default on its debt to get what he wants, just like these truckers. boehner isnt thinking about the consequences of his actions. if boehner causes a default, it could take us back to this, the good old days. >> overseas markets tumbled this morning amid word that one of the larges largest investment firms, lehman brothers, is filing for chapter 11 bankruptcy. >> the system is rocked to ...

Who believe that the only way to have the country seriously address the debt and deficit problems it has is for us to have a serious self-inflicted crisis. its sort of a remarkable window, i think, into how some people think about this coming fight over raising the debt ceiling. >> these people that dont have 401(k)s, dont invest in the stock market, theyre not looking for a job, because weve seen the last time they threatened default on the debt, just threatened it, a 1,760 point drop in the do...

Lehman brothers and that was just the beginning. >> wall street landscape is dramatically changed in just a matter of days. lehman brothers filing for chapter 11 bankruptcy. >> the dow plunging 500 points think biggest one day point drop since the market re-opened after 9/11. >> a string of people losing their jobs coming out of lehman, joining the 600,000 that have lost their jobs so far in the last eight months. >> we do not take, i dont take lightly, every putting the taxpayers on the line to...

Fatal floods are causing evacuations size rain is coming down out west. we will hear from the governors of both states in about an hour. on this friday the 13th, this is "the daily rundown." back to my first reads of the morning. five years ago sunday, lehman brothers sent shock waves to the economy and setting off the chain of events that sent the nation into the great depression and caused a global collapse. >> whats been called the worst financial crisis in modern times certainly the largest ...