and this happens, it makes people very nervous but it does not have to be that way. it should not have to be down 500 and the market for you to wake up and pay attention to your money, that is something that think you should be doing all the time. if you know that you have a real good strategy in place. has coming up at 6:00 p.m. more about the market and what steps people should be taking. the asian markets are opening at this hour, the futures are down almost 4%. our indications is that asia plan on joining the sell-off as well we will keep you posted on that throughout the night. despite the stock market plunge, analysts are telling people not panic. dan kerman is here to put this into perspective. it is true, the dow jones dropped about 500 points today but the analysts say that those with a diversified portfolio should not run for the hills and start selling off investments. and take a look at the dow over the last three years, that is what you are looking at
about our u.s. economy. but what happens what happened today was the move to europe, as debt traded to a yield above 6%. now on top of greece, portugal ireland, that with the other data, all kind of came together as one event today. the market didn t like it. reporter: he says when something like this occurs it makes people very nervous but it doesn t have to be that way. people have to be down 500 day, wake up and say pay attention to your money. that s something you should do all of the time. you will feel more comfort when you read about it, you know you got a real good strategy in place. reporter: kron 4 news. despite the market plunge analysts are telling investors not to panic. kron 4 s dan kerman continues our coverage with that part of the story. we are not in a dasterous situation. disastrous situation. reporter: he says the market s plunge on thursday is no reason to panic and pull money utof the market. time after time after time people who are co
series of weak economic reports about our u.s. economy. but what happens what happened today was the move to europe, as debt traded to a yield above 6%. now on top of greece, portugal ireland, that with the other data, all kind of came together as one event today. the market didn t like it. reporter: he says when something like this occurs it makes people very nervous but it doesn t have to be that way. people have to be down 500 day, wake up and say pay attention to your money. that s something you should do all of the time. you will feel more comfort when you read about it, you know you got a real good strategy in place. reporter: kron 4 news. despite the market plunge analysts are telling investors not to panic. kron 4 s dan kerman continues our coverage with that part of the story. we are not in a dasterous situation. disastrous situation. reporter: he says the market s plunge on thursday is no reason to panic and pull money utof the market. time after t
good morning. i m tori campbell. it s it s thursday, august 4th. welcome to mornings on 2. let s check in with steve. we have a rip-roarin sea breeze, 25, 30 miles an hour through the delta. temperatures really held check. a lot of 50s. let s go to sal. traffic is moving along very nicely as you head out to the macarthur maze. the mist has not been as much of a problem as we might have thought. we haven t seen too many fender- benders. we re also looking at interstate 880. there have been a few minor ones but for the most part, we re off to a good start. back to the desk. thank you. new this morning, there are indications that the two uc berkeley graduates detained in iran may be detained soon. the judge promised a verdict in their case sometime this week. just hours ago, return s ambassador told the associated iran s ambassador told the associated press he expects them to be released. the three hikers were arrested accused of spying. sarah shourd was releas
municipal bankruptcy in u.s. education overtime. history. reporter: most of you know who this person is, but can you good morning to you all. thank you for spending part of name two reasons he s important your weekend with us. to american history? i m t.j. holmes. if not you re in good company. we do need to start with a debate that was supposed to be a recent study called the over already. nation s report card says fewer we are less than three days from a possible u.s. default. than a quarter of all students are proficient or show a solid this clock is still ticking and a deal is not done. academic performance in american we are expecting a lot of action history. shockingly, while most could on capitol hill today. identify a photo of abraham both houses in session, but whether there s going to be any lincoln, hardly any could say why he was an important real progress, that s anybody s guess. president. this is what we ve got going on if there was anywhere they could