meteorite tumbling, tumbling. i felt like i was in a washing machine. all of a sudden everything was quiet. all i saw was a big blue sky and a big bright sun, laying on the ground on my back side looking up through my helmet going, hmm, maybe i m in heaven now, maybe this all ended. lying on the ground, ron tests his limbs to see if they re still attached. got to my right leg it moved, but when i lifted you will the leg, the leg lifted up, but the foot stayed on the ground. he s broken five bones in his leg. he s also broken his right arm and has third and fourth degree burns over his body from skidding across the hard surface. i went 588 feet. that s almost like two football fields tumbling and tumbling. i was amazed i could go that far and still come out alive. ron not only survives. he has a new record, but not the
to be cautious and stay in your home when possible. i don t know that the town is on lockdown. people have to go to work and get on with their lives so it is different than yesterday in terms of alert but the schools are still closed. kevin lions, thank you for joining us and taking the time to fill us in on the latest. thank you. thank you. fox news business alert. this is why it is called the wall street roller coaster. good news this morning. the dow up 132 after dropping 470 yesterday and it has been up and down. down 588, up 619, down 1,000 in one day. you have to keep it in contexed in some manner. we are at the same place we were last october.
footing, take off sprinting for a photo finish. we saw huge gains for the dow jones industrials. 619 points. the nasdaq, too, up 191 points, rather stunning. a couple of things, number one, people like to say, oh, the market was oversold, meaning everybody had been so fearful the last two days, we had selloffs on the dow on monday of 588 points. on tuesday, a horrible gyrating swing in the final hour where we saw a loss of 204 points. then around 10:45 a.m. eastern time this morning, one of the federal reserve bank presidents, and there are a bunch of federal reserves, but the new york office holds a big punch because they have all the big financials under their wings. he came out and said, maybe we don t need to tighten rates in september. janet yellen, as you know, has been very firm and determined to say some time this year, probably in september, we will
captions by vitac www.vitac.com and we begin with the markets in asia. investors are keeping a close eye on the numbers after the dramatic selloff on monday. and things are looking a little better today. let s have a look at the latest numbers coming in to cnn across the region. we have japan which was in positive territory for a while but now down by almost .5%. the seoul kospi up by 1.3%. sydney s been in positive territory, so, too, mumbai. the shanghai still down by 4%. monday was a hair-raising ride. the dow ended monday down 588 points or about 3.5%.
our dow jones dropping 1400 points today. the dow did not drop that much but it did drop 588 points. that s a lot. this is the third consecutive day on which the dow has lost hundreds of points each day. if you add up the point loss over the past three days, thursday, friday, and then today that is the biggest point drop in three days in the history of the dow. and one of the things that is bottoming out as markets plummet around the world and here at home is oil. oil prices have been dropping anyway all summer long. there s just more supply that there is demand but with this current routing in the markets, international and u.s. oil prices are the lowest they have been as of today more n more than six years. oil is selling at less than $40 a barrel. the lowest since february, 2009, which is the month after president obama was sworn into office. if you remember what was going at that time in the world and the economy, that can be a