Detailed text transcripts for TV channel - CNN - 20110512:08:36:00
Today. the major markets all look set for a lower open yet again. here are how the numbers stand. the s&p 500 down by 0.35% and the dow down by a quarter. turning now to what's happening in the weather picture in the u.s. and the rising mississippi river continues to take its toll on the land, not to mention the economy. these pictures show just some of the damage in the state of mississippi. and if the state of arkansas is any indication, the flooding will affect communities from the ohio valley to the gulf of mexico. in arkansas more than 400,000 hectares of crop land are now under water. ...