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WRC NBC Nightly News August 8, 2011

the children, when mom is on the front lines. nightly news begins now. captions paid for by nbc-universal television good evening. this was a dark day for the nation s finances and for millions of americans with a financial stake in the markets. the very same americans who are still processing the fact that our country has lost its top credit rating. here s the damage from today. the dow down over 634 points. that s the sixth largest point drop in its history. the worst since 08. nasdaq lost just about 7% of its total value. s&p 500 lost 6.6% of its value in one day. the president went on television at midday to reassure americans but the damage was done. the markets continued to drop while he spoke and the damage continues. it is a bigger systemic problem with no real end in sight. we begin our coverage tonight with cnbc s maria bartiromo. she s at the new york stock exchange. maria, you won t see many days like this one in your lifetime. reporter: it is true, b ....

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KNTV Today August 8, 2011

brave unpredictable weather, currents and, yes, shark-infested waters. today, monday, august 8th, 2011. captions paid for by nbc-universal television good morning. welcome to today on a monday morning. it s about 7:00 on the west coast. i m matt lauer. i m ann curry. good morning. investors are weighing in on the downgrade. they re not happy. no, they re not. the dow down about 200 points following a weekend of finger-pointing in washington over the cause of that downgrade. president obama s treasury secretary, tim geithner, lashed out saying standard & poor s showed terrible judgment and a stunning lack of knowledge. straight ahead, the latest on what s happening on wall street with cnbc s jim cramer and maria bartiromo. also ahead this morning, the sci joins the manhunt for two young brothers and their sister. the trio is accused of shooting at lis police during a high-speed chase in florida and brazenly robbing a bank in georgia. the ominous message wasn t ....

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WBAL NBC Nightly News August 8, 2011

captions paid for by nbc-universal television good evening. this was a dark day for the nation s fnz and for millions of americans with a financial stake in the markets. the very same americans who are still processing the fact that our country has lost its top credit rating. here s the damage from today. the dow down over 634 points. that s the sixth largest point drop in its history. the worst since 08. nasdaq lost just about 7% of its total value. s&p 500 lost 6.6% of its value in one day. the president went on television at midday to reassure americans but the damage was done. the markets continued to drop while he spoke and the damage continues. it is a bigger systemic problem with no real end in sight. we begin our coverage tonight with cnbc s maria bartiromo. she s at the new york stock exchange. maria, you won t see many days like this one in your lifetime. reporter: it is true, brian. what day today on wall street after last week s sell-off and the credit ....

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KNTV NBC Nightly News August 8, 2011

announcer: this is nbc nightly news with lester holt. substituting tonight, carl quintanilla. givening. the u.s. economy is once again in the crosshairs. a downgrade of america s debt by a ratings agency, standard & poor s, could well impact stock markets around the world tonight and our own tomorrow morning. politicians meantime are debating how the downgrade may affect your pocketbook and whether the u.s. truly deserved it. we have complete coverage tonight. cnbc s john harwood starts us off. reporter: good evening, carl. obama administration officials remain furious about s&p s decision to downgrade u.s. debt, but they also have to worry about minimizing its effects. hoping to calm markets, treasury secretary tim geithner ended uncertainty about his future by announcing he ll remain on the job rather than return to new york. in an exclusive interview with nbc news, geithner said that u.s. treasuries remain safe and sought to reassure americans worried about i ....

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MSNBC First Look August 8, 2011

we begin with a historic downgrade. around the world financial markets are on edge after the united states credit rating was knocked down a notch friday. this morning, u.s. futures are already taking a hit as are asian markets. nbc s brian mooar as the latest. reporter: president obama didn t show the heat as he returned from a weekend at camp david despite the u.s. credit downgrade by standard & poor s. but now his administration has to convince the world that s&p got it wrong. s&p stripped our aaa rating dropping us into a league with new zealand and belgium. it s about the difficulty in all sides finding a kong census around policy choices now and in the future. if the fiscal position of the united states deteriorates further or political gridlock becomes more entrenched it could le lead to a downgrade. it is a tea party downgrade. it brought us to the brink of a default. if we listen to the tea party we d have $4 trillion reductions in debt over time and n ....

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