Page 41 - Point Drop News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> i can't continue to support short-term spending bills. it's reckless for the planning of every federal agency and people who depend on it. i've been on student counsels that plan farther than three to four weeks out and it's time the government start doing that too. >> we appreciate you being here. thank you. >> my pleasure. >> want to focus on another major story we're watching all day today, that is the markets. the big board now. they are in the green. approaching 100 points. the stock up after hitting correction territory this morning. the dow currently above 24,000. 24,000, almost 500 ...

Stocks, newer companies, that also hit a high. january 26th was the big day in the markets. 7,505 was the number. since then, it's lost 538 points or 7% as of the close last night. 23% gain over the year. 2% loss. in the end, you ended up with a 2% loss over the last -- since the beginning of the year. that's what you have to keep in context. i want to bring in stephanie again to the discussion. stephanie, the reason this is important is for people to remember when you see, as we did yesterday afternoon, when you were on the phone with me, when you see a 1,600 point drop in the dow, it causes ...

Well, we have been keeping a close eye on the dow this morning. it seems to be bouncing back after an ugly 355-point drop this morning. and today's wild ride is coming after a brutal friday, when the market suffered its steepest point drop since the 2008 financial crisis. the white house is weighing in on this, this morning, saying we're always concerned when the market loses any value, but we're also confident in the economy's fundamentals. christine romans here to explain. what is happening, christine? >> it was a really ugly end to last week, it was -- a record start to the year, and then r...

Hard to push blame for a drop like what we're seeing today on to other people. >> shepard: which is the reason given by previous presidents, previous administrations for keeping their noses out of it. >> exactly right. what is interesting, every time the market has gone down the past several years, people looked at it as a buying opportunity. i can jump in now. this is the first time in quite a while that we've seen no one buying on the dip. that dip is a fall. you know, again, you have the warren buffets. this is their kind of environment. when everybody else is screaming, he comes in and get...

The short term. >> yeah, to maria bartiromo's point, you want to wash it out. we're going to do it, get it out of the system completely and then you could see another fresh leg higher in the markets. people will say, amazon is a good deal at this price. whatever stock you're interested in. we need to get to that point. what is that point? the market will decide. >> we have now experienced together, if you've been with us and thank you for that valued viewer for 22 years of mine, yes were down 1,597 points a few short minutes ago. the largest point drop in the history of the dow jones industria...