Former daily host john stuart hosts and gets in on the action at a wwe event. And double delivery. Washington, d. C. s giant panda gives birth to not one but two cubs. Captioning funded by cbs this is the cbs morning news for monday, august 24th, 2015. Good morning. Good to be with you. Im annemarie green. Get ready for another bumpy ride on wall street. This morning stock futures are down again following last weeks massive selloff. Chinas devaluation of its currency two weeks ago triggered a global selloff thats wiped out more than 5 trillion of stock value worldwide. In asia this morning its being called black monday. The shaping high index dropped 8. 5 today, the largest percentage drop since 2007. Tokyos nikkei fell 4. 6 . In the words of one analyst, theres no good news. Jill wagners at the New York Stock Exchange where investors are on edge this morning as they wait for the opening bell. Jill, good morning. Good morning, annemarie. Last week wall street suffered its steepest drop
Really changed the course of that day. Three american heroes received frances highest honor. For taking down a suspected militant on a highspeed train. He seemed like he was trod fight to the end. So we were. All signs point to wall street. Its about chinas economic slowdown. Heightened intreej on Vice President joe biden. Shifting the focus away from donald trump. For the first time i can imagine trump winning the nomination. Fires continue to burn across the u. S. Crews battling wildfires in Washington State should be getting help. Large explosion in the u. S. Military in japan. It breaks my heart. I dont like it. Two men will be arraigned on gun charges after threatening the pokemon competition in boston. Theyre not welcome there. Jimmy carter returned to teach sunday school. A frightening scene at Pocono Raceway as justin was airlifted. We will try to maintain a normal news service. Watch this kid. Hes only 4 years old. Look at that swing. And all that matters. Weve launched our ow
Dow closed down 588 points or more than 3. 5 . For days of tripledigit drops add up to a loss of more than 9 . Thats wiping out market gains back to february of last year. And it could have been worse. Anthony mason now on todays wild ride. Reporter over a cliff, the dow plunged more than 800 points in the first two minutes, more than 1,000 points within five minutes. By midday it had rallied back and erased all by 100 points of that loss, but the selloff resumed in the afternoon. It was a breathtaking ride even for veteran traders like ben willis of princeton securities. I have never seen the dow down 1,000 points. That was an extraordinary thing to see happen. Reporter what exactly happened, Peter Tuchman of quatro securities tried to describe it. Is it the end of the world . No. Is it correction territory . Perhaps. Definitely. Thats what it felt like. Reporter the catalyst was another plunge in chinese markets, down 8. 5 this morning, the shanghai index has fallen nearly 38 just si
Terrorist on the attack. From abc news, this week with George Stephanopoulos begins now. Good morning. What some called a summer fling still going strong, donald trump drawing record crowds. Hes going to join us live in a moment. But we begin with that brewing intrigue on the democratic side. Vice President Biden calling populist star Elizabeth Warren to washington for a secret meeting. Jonathan karl tracking the latest. That biden is taking a serious look at this race. Reporter it sure is, george. This is a meeting between the two democrats who could potentially pose the greatest threat to Hillary Clinton if either one of them decided to one. Now, warren, of course, has emphatically ruled out running. Biden is seriously considering it. Its hard to imagine anything that would give him a bigger initial boost among base democratic voters than support from warren. Warren, by the way, has been decidedly cool about Hillary Clintons campaign. Just listen to this clip from a recent interview
Far rockaway went up in flames. An eyewitness tweeted this picture as the home burned. It broke out on the first floor on cornaga avenue around 1 00 this afternoon. Kemberly richardson at the scene in far rockaway with our lead story. Joe joe, fire marshals are going over each and every part of this house. As the chief told me, there is, quote, something odd about this. He said it is highly unusual to have this much fire shooting out of all of those windows right there on the ground floor at this time of day. Just after 1 00 this afternoon. Typically a fire like this is able to spread so fast because it goes down at night when people are sleeping. I spoke with the man who tried to save the two people trapped inside. It was a Daring Rescue youll only see here on Eyewitness News. Take a look. I opened the door and i shouted barbara, get out seconds before in this video youll only see on Eyewitness News, that is aleck in the white shirt kicking down his neighbors door desperately trying t