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Markets down all over the world today. starts with australia and japan and then china with the massive declines, actually triggering the circuit breaker in the chinese markets. if the market is down, it's new today, new rule today. down 7 and the market stops for the day an gives people to stop panicking and reassess but the problem is it is not like a new surprising thing causing the stocks to call. china is having problems and manifesting today. when it reopens, not like people feel better about chinese stocks. >> interesting to see the safety net and first time to use it today. see where th...

Crisis could lurk behind the corner, around the corner, and people are pointing to the asian financial crisis, you know, in the mid '90s. we're not there yet. i'm not saying that, but they are drawing comparisons, and it's all of this fear and this talk of the bubble bursting in china that's really driving a lot of anxious selling this morning. >> let's remember, right, cristina, where we're coming from. we're coming from an extraordinary bull market. we're coming off six years of a bull market. we're taking some of that off the table. we're down 4%. that's not the 6% we were down in september...

Terms should handle it in 2014? he didn't run away from it and his opponent was saying it was a referendum. the election was a referendum on obama care. how do you break that down, and what do you see for 2014? >> you know, it's hard for me to give advice to a whole bunch of different races and very, very different states with very, very different constituencies. i think one thing that is very consistent through this, when you get through the republican hyperbole, and you cut down to the experience of real people, they are seeing good results from this program. we are getting -- our folks in r...

The dow jumped 128 points to a new record high. the s&p added 7. the nasdaq finished down 7. in today's session. the outlook for the u.s. economy is a healthy one. the conference board says its leading economic indicators for the third month in a row in september. and blockbuster is shutting down its remaining 300 retail stores, shutting 3,000 jobs. crude oil surged up nearly $2 a barrel on reports of strong demand for the fuel. that's it from cnbc, first in business worldwide. (announcer) scottrade knows our clients trade

>> reporter: june is an active month in terms of severe weather with damaging winds, hail and tornadic activity. we did see a lot of activity yesterday in terms of damaging winds. you can see that across parts of the carolinas as far west as tennessee, kentucky and the baltimore area where you have the funnel cloud. as you mentioned the national weather service will be heading out and serving the damage working to confirm whether those were actual tornadoes that touched down. 7 reported tornadoes including areas in tennessee. some areas more than 4 inches. we are looking at that rain moving th...