WJZ CBS Morning News August 11, 2011
dow lost all of that and more yesterday. it plummeted over 500 points, a drop of almost 5%. it's the lowest close for the market in two years. so far this year, the dow has lost more than 7.5%. and the asian markets are also wobbling but appear to have stopped the bleeding. both tokyo's nikkei slipped, hong kong's hang seng fell about 1%. other markets saw some slight gains. joining us in in new york with more on the markets is alexis christoforous from "cbs moneywatch." good morning alexis. >> good morning, randall. >> this sell-off didn't start a few days ago it began a few weeks a...