Page 18 - Point Loss News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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...

Thank you all for joining us. ron, let's start with you. this is one of the days the dow's biggest one day point loss ever. what do you tell people who are nervous tonight when they are looking at where this day falls in the history of stock market plunges? >> well to put the day in perspective, ayman, if you go back to 1987, october 19th the stock market crashed 508 points. in that crash the market was down 23% in a single day. today when the market was down 1089 in the first minutes of trading that was the largest single day point decline but in percentage terms it was about 7, almost 8%. hi...

Declines. and there were real questions in the manner they were calculating a decline in numbers and who was reporting what, how teams were reporting. there did not seem to be a level of consistency. >> important point, mark. thanks for joining us. we turn back tot to the breaking news we've been following all afternoon. the dow has been flirting basically with a 500 point loss. you heard that right. apple stock also down more than 6%. whereas going on? cnbc has you covered from all angles. stay with us. you focus on making great burgers, or building the best houses in town. or becoming the ne...

Closed allel by nine in the nation's second most populated state. they receive more time to prepare their legal challenge. after months of battling with his own party, president obama signed into law two bills giving him authority to negotiate international trade deals. this provides assistance to workers with jobs displaced. "the huffington post" released the article. the rule change would increase the salary will threshold for those that qualify in time and a half to just over $50,000. currently the law applies to those making under $24,000 annually. political reports the change could rais...

Following for you now on cnn. we begin with the search for flight 370. australian prime minister, tony abbott, says authorities are confident about the approximate location of its black boxes. he warns that's not the same as recovery wreckage from almost 4.5 kilometers under water. mr. abbott meets today with chinese president xi jinping. kathleen sebelius is stepping down from her post as health and human services secretary after five years on the job. she publicly apologized last year for the glitch-filled rollout of the obama administration's health care website. the dow suffered its th...