Detailed text transcripts for TV channel - KGO - 20190806:00:46:00
Stocks in a freefall today. the dow taking a nose dive, falling nearly 3%, closing down 760 points. it's the worst day this year. abc's chief business correspondent rebecca jarvis is live on wall street for us tonight. and rebecca, a big move by the treasury just a moment ago, officially labeling china as a currency manipulator tonight? >> reporter: that's right, david. consider this a major escalation in the rhetoric of the trade war. the big question on wall street tonight is how much longer this game of chicken lasts. u.s. businesses acknowledge they would like to see a more even playing fi...