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structu destruction of the wildfires in texas. this now stretches across a 16-mile area. winds whipped up flames again today. a separate fire in eastern texas killed a mother and her 18-month-old child. tropical depression lee slogging its way north today after dumping as much of a foot of rain in parts of louisiana. pumps in new orleans helped prevent any major problem there. that was good. but the storm caused flooding in other towns and cities along the gulf. in alabama, lee spun off portable tornadoes and strong winds damaged at least 20 homes in thewn the television say, tornado warning, and about that time, we had an ungodly clap of lightning and the hard ligwind by. lights went out, came back on and everything opened up. it was like a machine gun going off. breaking news on the political front. texas gov senior riernor rick p poultd pulled out of a political forum in south carolina to go back to texas to deal with the wildfires. five others will take part i ....
hey, fredericka. the losses are holding steady. the dow down about 436 points. they re off their lows of this session where we saw the dow down as much as 500 points. this is coming after morgan stanley kind of set off an alarm bell saying that the u.s. and europe are looking like they re getting close to going into a recession. morgan stanley also downgrading its growth forecast globally for this year and next. also not helping we got a bunch of economic reports here in the u.s. one on jobless claims showing a rise in jobless claims, the jobs area something that this economy really wants and needs at this point and not seeing. we also got a very weak regional manufacturing report showing contraction and a weak housing report showing sales declined about 3.5%. see what you do when you olympic all that together you get a big sell-off and that is what we re seeing right now. frederic fredericka? that as it looks for the dow. let s check out what the nasdaq issing look ....