KPIX CBS Evening News With Scott Pelley August 22, 2015
Than 3 . It was the worst day of the year and the ninth biggest point drop ever. For stockholders, jim axelrod tells us, it has been a week for the strong. bell rings reporter the closing bell was the most welcome sound of the week on wall street, putting the bloodletting on hold. This was the worst week of the year. The dow lost more than 1,000 points, and its now off more than 7. 5 for the year. Weve had a market thats done incredibly well since the lows in the spring of 2009 that probably ran too far too fast and needed to reset. Reporter economist max wolf says the u. S. Stock market had l...