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Transcripts For CNNW Early Start With Christine Romans And Dave Briggs 20180206

Point lost ever. Futures on wall street rebounding after falling sharply overnight. We always have our chief financial correspondent here. Christine, how long could this last . It is continuing oversea ov. Lets see what is happening over jaes. It is relationship nliis it the globe. Dow futures turned lower again. They popped. They fell 700 points. It shows you how volatile it is. On monday, the dow lost 1,800 points. Monday was brutal. It shed 1,175 points. 4. 6 . That is a rebound from down here when it was 1,600 decline in history. This wipes on the the d s out t for the year. The jobs report on friday was a trigger. Strong wage growth. Wage inflation is good for workers, but bad for corporate profits. The fed reserve may have to raise rates faster than planned. The bond market has been telling for some time that things are changing. Bond yields move opposite to price. As neil p. Dougheryields go up. If you see a drop again today, there is no chance of a krooicrr panic. This is a cor

Transcripts For CNNW New Day 20180206

Drop ever. U. S. Markets have now erased this years gains in just the past two days. Weve been watching all the numbers come in and all signs point to a rocky day when u. S. Markets open in just a few hours. One big question is how will President Trump handle this . He bragged all over the markets when it was booming, taking credit for nearly every day of gains. He wanted to own the gains, so will he own the losses, especially if they continue today. Our Christine Romans with the latest. What are we seeing . You have Global Markets continuing the decline. The plunge really rippling around the world. Look at asia here . Asia markets closed a lot lower. Europe all lower and dow futures are swinging wildly, john. They fell as much as 700 point. They were up 200 and down again. Theres really no way to know whats going to happen at the opening bell. The dow lost more than 1,800 points, 1,800 points over two days. That is brutal selling. Shedding a record 1175 points, thats 4. 6 . Its the wo

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