Detailed text transcripts for TV channel - MSNBC - 20160107:19:16:00
In the u.s. we saw big drops rebounded back near those session lows. there are several factors contributing to those worries over global economic growth. overnight the people's bank of china set the reference for its currency being at its lowest levels since 2011. its largest daily change since august. china has continued to devalue the yuan as concerns over slowing economic environment there continue. reuters reported that more devaluation could be coming setting the market back down in midday trade. the chinese securities regulatory committee set off the circuit breaker system. it halts trad...