the market plunged today to its lowest level since january. the reason, in part, a continuing fear about greece. so tonight the big question is will the late-breaking news from facebook be enough to turn the mood of america? facebook will begin trading for the first time ever tomorrow morning. so it priced tonight at $38 for a single share. when you add it all together, it is the biggest ipo in american history. the facebook obsession in this country reminding us of the 1983 classic movie trading places. [ buzzer ] i remember ipos like that. all right. there are a few trading floors left. computers have replaced the conventional pit mostly, but when trading begins tomorrow at 11:00 a.m. for facebook, and it s going to happen at 11:00, which isn t when the market opens, about an hour and a half after the market opens, because computers aren t like people. it s going to take them longer to figure out the right price. there will be a frenzy of trading going on. the stock, $3
i m erin burnett. outfront tonight, breaking news. the market plunged today to its lowest level since january. the reason, in part, a continuing fear about greece. so tonight the big question is will the late-breaking news from facebook be enough to turn the mood of america? facebook will begin trading for the first time ever tomorrow morning. so it priced tonight at $38 for a single share. when you add it altogether, it is the biggest ipo in american history. the facebook obsession in this country reminding us of the 1983 classic movie trading places. i remember ipos like that. all right. there are a few trading floors left. computers have replaced the conventional pit mostly, but when trading begins tomorrow at 11:00 a.m. for facebook, and it s going to happen at 11:00, about an hour and a half after the market opens, because computers aren t like people. it s going to take them longer to figure out the right price. there will be a frenzy of trading going on. the stock,
authenticity of this. opposition activists say at least 5 the people were kill add cross syria monday and another 12 were killed this tuesday. more than 50 world leaders gathered in seoul, south korea to discover nuclear weapons casting a shadow on the summit is north korea s plan to launch what it calls a peaceful satellite next month despite pressure, north korean state media says pyongyang will not abandon the launch. i m monita rajpal. world business today starts right now. good morning from cnn london, i m nina dos santos. and good afternoon from cnn hong kong, i m andrew stevens. welcome to world business today. the top stories this tuesday, march 27th. the u.s. signals support for the economy here to stay and investors are taken aback with a reason to buy. raising fuel prices and protesters are out in force. falling further from grace, former imf head dominique strauss-kahn is now being investigated over alleged links to prostitution. now, markets are
he was gray. his tongue was hanging out of his mouth. i thought he was dead. brinkley stays with the victim while hertz races back into the raging inferno. we ve got one out. we don t know if there s anybody else in there or not. the two officers still think there may be more people in the vehicle. after clint went back out it really burned fast then and it was nearly totally engulfed at that point. facing blistering heat and blinding smoke, officer hertz frantically searches the car for more victims. i didn t know if there was still fuel. tires burn for a while. things start to pop and explode. suddenly, an explosion rocks the vehicle. he stuck his head in, kind of came back out i tong get a breath of fresh air. thank goodness he did. right where he had been there was a big pop and flame. miraculously, the blast doesn t severely injure officer hertz. i yelled at him, get out of there. i didn t think we could get anybody else out if there was anybody else in there.
political turmoil brings economic hardship in syria. we speak to the people who are feeling the pain. and the captain of the capsized cruise ship in italy reportedly says that he abandoned ship after tripping and falling into a life boat. first up, though, the imf says it needs more money to safeguard the euro zone and the wider global economy. but in order to keep a large chunk of the developed world affront, it seems as though developing world countries will be footing much of the bill here. the imf is hoping to raise an extra $500 million in the short term and may double that over the next few years to come. $200 million has been pledged by eu nations but with washington refusing to prop up the euro zone and, of course, uk wavering on its own contribution, the lenders calls could yet go unanswered and the trouble with europe could potentially deepen, andrew. that s right, nina. the heart of the trouble obviously as we ve been reporting is greece. there s still no res