what the hell is the matter with us? i m not joking. think about it. what are we doing? president joe biden gives a fiery and impassioned speech in pennsylvania, vowing to ban assault-style weapons while calling out republicans for criticism of fbi following the search of mar-a-lago. we ll have much more of the president s remarks just ahead. meanwhile, there are several new developments in the justice department s investigation into the former president, including this picture from the doj, showing some of the documents seized. we ll walk you through everything that s happened overnight. also ahead, qanon and dangerous conspiracy theories. that s how donald trump spent his time yesterday on his fledgling social media platform. we ll explain how it is part of a growing trend for the former president. good morning and welcome to way too early on this wednesday, august 31st. i m jonathan lemire. thanks for being with us. we ll begin with that breaking news overnigh
each lost about 1.1%. the dow jones not far behind losing about 1%. we also saw plunge in the oil price yesterday, brent and wti both dropped about 5.5%. and it looks as though today is going to be another down day for the price of oil. a lot of recession concerns swirling around. in terms of the day ahead, the data wise, we have the u.s. adp rofrt of private payrolls for august coming out. of course that s ahead of the all-important nonfarm payrolls on friday. we also have chicago manufacturing survey to look out for the month of august as well as fresh fed commentary. and worrisome eurozone inflation numbers as well. we ve got also a wave of layoffs sweeping across american businesses in the past year. what s the latest you can tell us on that? well, the latest big headline around this is from snap. news came yesterday report from