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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...

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% although the markets saw some slight gains. joining us here 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 ago. >> it's been week now. there's really no rest for the weary ...

pressure on the president just he prepares for some r & r. >> abc's karen travers joins us live from washington with the latest numbers. >> reporter: good morning. the credit downgrade, weak job creation and of course this wild ride on wall street, it's easy to see why americans are so pessimistic and why the president's poll numbers are falling. the global market whiplash continues. asian markets sell keeping up their pattern of mimicking the u.s. markets from the day before. the latest cause for sell-off, concerns that france, europe's third largest economy, could be the next count...

sinking 401(k)s are putting new pressure on the president just as he prepares for some r & r. >> abc's karen travers joins us live from washington with the latest numbers. >> reporter: good morning. the credit downgrade, weak job creation and of course this wild ride on wall street, it's easy to see why americans are so pessimistic and why the president's poll numbers are falling.g. the global market whiplash continues. asian markets sell keeping up their pattern of mimicking the u.s. markets from the day before. the latest cause for sell-off, concerns that france, europe's third lar...

cook was video, this is where nava was shot and killed. the toddler was sitting his role when he was shot, hundreds attended a special stop the violence to remember the little boy yesterday the chief says that investigators will meet with the district attorney to find out if there was enough evidence to charge the person for the murder of the three year-old. he says more persons of interest could be brought in for questioning and an arrest may happen soon. >> i am not confirming where they were arrested but we have someone in custody we have had been in custody for a couple hours. ri...