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good morning to you. it is thursday, august 11 now. this is "american morning." lot going on today. let's get right to it, folks. >> good morning, good morning. so much for comeback. haven't seen these kind of wild swings on wall street since the darkest days of the financial meltdown. the dow diving 520 points yesterday. this time fueled by fears or at least triggered by fears. that france is on a verge of a credit downgrade. every day it seems to be something new trying terg sell-off or the buying. that's because this is a global economy. your investments feel it here. wild swings....

life and why time may be running out. i'm wolf blitzer. you're in "the situation room." the sinking feel is back on wall street. the breaking news this hour. all major stack indices with the dow down 500 points. once again, we saw dramatic fluctuations over the course of the trading day. one analyst says, and i'm quoting, fear and greed are driving this frantic cycle of buying and selling and that's costing investors trillions of dollars on paper. joining us now, richard quest. what is going on in europe right now that could drive down wall street so quickly, so dramatically. tt ma...

Televisions and cable boxes. dvd players, vcrs, xboxes and controllers. cell phones lay on the table. the chargers anchored to a nearby socket. laptops and printers and stereos litter the rest of the house. kids with night lights have grown into parents with lcd monitors and iphone apps. most toys are portable. which means they're in our pockets or by our side whether in the boardroom or on the beach. constant connectivity is fine for the busy season. but isn't the point of going away to get away? before laptops and cell phones and e-mail text message, people did go on vacation with few option...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.