CNN The Situation Room With Wolf Blitzer August 2, 2011
to blame. i'm wolf blitzer and you're in "the situation room." we begin with the breaking news. stock prices take a nose dive today. the dow jones industrials closing down more than 265 points an hour ago. this losing streak now continuing in its eighth day, continuing even after the federal government avoided default on its debt. let's go to the new york stock exchange, cnn's alison kosick standing by with the latest. a lot of people thought once this deal was done, the president signed it, there would at least be a temporary boost in the stock markets but it didn't happen. of. >>...