Detailed text transcripts for TV channel - MSNBC - 20110803:01:02:00
Later, again, there was a deal on the table to save the economy. this time congress voted yes and the markets reacted exactly the same way. >> we've got about ten minutes to go here before the closing bell and it's a bit of a blood bath. dow down 257 points. >> maybe wall street's sending a signal to washington. >> yeah. >> today after congress voted to raise the country's debt ceiling and thereby avoid catastrophic national default, the market fell off a cliff. the dow lost 265 points, its eighth consecutive day in the red and its biggest point loss in month. cnbc does the heat map for the s&...
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