Dow Down Over News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> i'm jake tapper. aides say this second hearing will drill down on evidence that president trump knew he lost the election but spread false claims of fraud anyway, ignoring court rulings, ignoring the will of the american people. lead-off witness, bill stepien, who has firsthand knowledge about what trump knew about the election numbers. stepien tells cnn he is appearing under subpoena. also testifying today, former fox digital content director chris stirewalt. he was fired after his accurate call of arizona for joe biden. we'll hear directly from republicans who investigated and r...

Hearing, stock prices are taking a nose dive on wall street. let's go to alison now. what's the dow doing right now and why? >> we're seeing the dow down over 700 points. the broader market index, the s&p 500 has now entered a bear market. that means it's a 20% fall from a recent high. the most recent high was january. i think what we're seeing here in the stock market today is really capturing not just the mood of investors but the mood of americans about where the u.s. economy is headed. a lot is unknown. this week, there will be a two-day policy meeting for the federal reserve. you're seein...

To 48 hours. we heard that speech, that impassioned speech from president zelenskyy yesterday, delivered in ukrainian and russian, to the russian people saying we are not the people depicted on your state television, clearly none of that could keep an invasion from taking place. meantime, jim as you know, this invasion has global markets plummeting right new, the dow down over 800 points this morning as we look at the board there. world leaders are vowing punishing sanctions against putin for his aggression. and cnn chief business correspondent christine romans is here to discuss. leading into...

The dow still tumbling as fears over the new covid variant grip the markets. take a look right there. the dow down over 800 points at 864 right now. taking a look at markets around the world, a lot of red on that screen. global markets obviously reacting to this concerning news of the new highly transmissible new variant first identified in south africa. we're keeping an eye on that. stay with us were if latest. meanwhile, the coronavirus pandemic triggering the great resignation. a record 4.4 million americans voluntarily quitting their jobs. so why the mass exodus at a time wages are highe...

Especially of that timing, jake. it is supposed to go into effect once again on september 1st. that is right in the middle of back-to-school shopping. so that could hit american consumers really hard because that tariff will hit those consumer products and clothing and american companies are caught right in the middle, jake. >> allison, how long -- how much longer should we expect to see this market volatility? >> and that is why you're seeing this kind of move today. especially with the dow down over 700 points. because there is no end in sight. treasury secretary steve mnuchin promised there...