up ahead, it is the beltway brouhaha for the ages. president trump, vice president biden, you want to see either one of them in shorts an boxing gloves? pay-per-view. but first were here with the cnbc market wrap and a tariff terrible day. yes. definitely. u.s. stocks falling sharply. pressures from worries of a potential trade war and a decline in tech shares. the dow plunging 724 points posting the worst day since february 8th. the s&p fell 68 and the nasdaq closed 178 points lower and boeing one of the biggest decliners in the dow falling 5.2%. stoked by fears the company may be the target of backlash from china. following the announcement of retaliatory tariffs on $60 billion in chinese imports by president trump. china generated more than 12% of the boeing sales and that is it from cnbc, first in business worldwide. okay folks!
of congress packed up and went on vacation. so now 4,000 faa workers are not being paid. tens of thousands of others involved in airport construction and maintenance are also off t job. and some $25 million are being lost every day in taxes because there is no one there to collect. that is more revenue lost in one hour than you will probably pay in your lifetime because congress members cannot reach an agreement agreement. weill tear into this developing dispute in just a moment, but here are some other stories we re watching tonight. the last pharaoh. for 30 years hosni mubarak was the lord of the nile. today he was wheeled into a cairo courtroom in a hospital bed and kept in a cage. egypt gets its show trial, but is the middle east a safer place? and the book of mormon. it s not just a broadway musical. for millions it s a road map to salvation. mitt romney follows it religiously. one ex-latter day saint says that should disqualify him from being president. then, we fin