victory. live from cnn center, this is cnn newsroom with john vause. a dismal day for wall street as the roller coaster ride on the u.s. stock market continues. the dow tumbled more than 700 points in its worst trading day since june of 2020. nasdaq lost nearly 4.8%. [ applause ] the sell-off began after target reported a 52% drop in profit for the first quarter, a day after walmart stock posted its worst day since 1987. markets in asia are also in the red this hour. live for us this hour in hong kong following the latest. after this, what are the marketing like in asia? yeah. asian markets are feeling that downward pressure after u.s. stocks, they posted the worst single day decline in two years. investors apparently spooked by two things. they re spooked by inflation fears. and they re also being spooked by weak earnings. target is the latest big box retailer to inject fear into the market. it posted that stunning first quarter profit decline of about 52%. it blam
retail ceos say they are getting crushed by rising prices. we re live in london with a look at the impact on global markets. and a stand still on the battlefield as russia s offensive appears to have stalled. could ukraine have the upper hand to regain territory? we are live in lviv with the latest. live from cnn center, this is cnn newsroom. with rosemary church. good to have you with us. well, the high profile u.s. republican senate race in the key swing state of pennsylvania remains too close to call, and it will likely be days before a winner is announced. tv dr. mehmet oz holds an extremely narrow lead, some 1200 votes over former hedge fund executive dave mccormick. but former u.s. president donald trump, who endorsed oz, is already urging him to declare victory. last week and having a defibrillator implanted on election day. now, you may have noticed, i am not john fetterman. the next senator of our great state. reporter: the ballot counting here in lancas
who has the upper hand. we can see victory ahead and it is all because of you, so thank you, pennsylvania. increased forest fires in the u.s., leaving of corals in the oceans. time is running out. live from london, this is cnn newsroom with max foster. it is thursday, may 19, 9:00 a.m. here in london, 4:00 a.m. in new york and washington. investors on wall street will be waking up after reporting the worst trading day in nearly two years, all eyes on the u.s. markets to see if the roller coaster ride continues as fears of a recession grows. let s take a look at how it is impacting life. gasoline prices are soaring. so are home prices. and if americans want to buy a car, with the supply chain shortages even the price of used cars has skyrocketed. in california, gas prices have hit $6 a gallon this week and experts warn that could be the national average before the summer is out. aaa has the current gas average at just a little over $4.50 today. the cost of grocerie
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