Yesterdays dizzying loss. Looks like your nest egg could see a big rebound this hour. Dow futures soaring, up more than 500 points right now. It is a breathtaking reversal of fortune. After yesterdays panicked selling. In just the last few hours two major moves by the Chinese Government to try to lift its stock market off of its knees. China now cutting Interest Rates once again, pumping 23 billion into their economy. There is a lot to get to. Our entire Financial Team is here to break it down. Richard quest here with me in new york. We also speak with the chief economist for moodys and l. Markets real and global selloff. I think today could not be any different, right . Reporter a very different day. You can even feel it on the floor. No anxiety here today. Its more less anxiety, more excitement for whats to come for this big come back back on dow. Ben willis is a trader here on the floor. What has changed from yesterday to today . The fools are out of the market. Yesterdays selling w
Rpropaganda messages between north and south korea. The two runs, high level meetings happening right now behind closed doors. Theyre starting their sixth hour of talks. Whether they be able to avoid a shooting war . I am going to be the greatest jobs president that god ever created. 30,000 people packed a football stadium in alabama. The latest on the gops frontrunner popularity and reach is growing. Cnn newsroom begins now. We hope youre having a good saturday. 10 00 here on the east coast, 7 00 out west and were starting with the breaking news. New details about the possible terror attack thwarted on a paris bound train. French fibl Officials Say he wa heavily armed. And was linked to radical Islamic Groups. And theyre trying to determine whether or not he traveled to syria. In the meantime, that attack being stopped is largely credited to the quick actions of three americans who subdued the suspect. Here they are. One of them air man Spencer Stone, you see him there, is recovering
And there are big fears about what happens the rest of the week. The big stocks, mostyly traded, bank of america, apple, netflix. Apple in particular had an insane day. At one point it was positive, up several percent, and then down again. When you look at some of these names, you see the irrational fear, then greed, then fear again in a stock market. Fear, greed, loss of confidence, loss of confidence in particular in china. No one really understands or feels like they understand whats happening in china. Perhaps youve seen the slowdown . Growth. There is that fear right now, revenue comes from overseas, so it matters. What happens in china matters, and theres great concern that the chinese have been trying so hard to manage, and they might not have the tools. They dont have the tools that a lot of people thought they had. Where theres fear, you see drops like were looking today. Im going to go to cristina alesci. We talked about china, we talked about the fears of growth there, maybe
Quickly and bravely. He was really the first one over there after being injured himself. He went to help the other man that was bleeding also. Without his help, he would have died. That man was bleeding from his neck. He just went over there and saved his life as he was bleeding himself. Spencer ran a good ten meters to get to the guy. We did not know that the gun was not working. If anybody would have gotten shot, it would have been spencer for sure. Were lucky that no one got killed especially spencer. We called him, and he is doing great. He is in good spirits. He is in disbelief that it happened himself. Okay. So youre listening to two of the americans there and the British National and explain what they experienced on the plane. We have been saying that the americans are going to be stepping outside of that hospital and elaborating further on what took place. Well now we understand that French Police are questioning them and theyre making the way to paris and then met by a phone c
And several magazines of ammunition. And these three young men right here jumped into action. Their instincts kicked in. They subdued this gunman. And with the help of a British National also, then hogtied that suspect with a necktie. Heres what was said earlier about all that took place. Relief. Relief that nobody actually got killed. And it could have been a real carnage. Theres no question about that. Im really proud of my friend, that he just reacted so quickly and so bravely. He was really the first one over there, even after being injured himself, he went to go help the other man who was bleeding also. Without his help, he would have died. That man was bleeding from his neck profusely. A lot of blood. He just saved his life as he was bleeding himself. Spencer ran a good ten meters to get to the guy and we didnt know that his gun wasnt working or anything like that. Spencer just ran anyway. And if anybody would have gotten shot, it would have been spencer for sure. And were very l