KPIX CBS Morning News June 22, 2024
Good morning, annemarie. Here on wall street it is shaping up to be another bruising day. U. S. Stock futures hit a sixmonth low this morning. Wall street had its worst performance in 18 months thursday driven in part by a dramatic drop in the chinese stockmarket. A report found chinas factory activity fell at its fastest pace in more than six years. After the devaluation of the chinese currency, there is worry that the slowdown in chinese economy could slow downworld economic growth. Thursday all indicators were down, more than 2 . The dow lost 358 points, the s p fell 43 points. The nasdaq d...