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Transcripts For CNNW New Day 20150825

Positive. It was in sane, and then by the end of the day down 588 points. The worst for stocks since 2008. Then the World Markets fell in asia. Shanghai down eight percent. Look at europe. I want to point out europe. Theyre all bouncing back. That negative feedback loop is broken. We dont have it feeding into the u. S. It looks like a bounce, and we will know for sure in a few hours. Okay. Were watching that christine. We know that its largely being fuelled by choo that and the ripple affect is showing the full affect the last few days. The question is what can china do to stop the bleeding . Were live in beijing with more for us. Will . Investors are in panic mode and pulling the money out of stocks. Since the peek here the shanghai deposit has dropped 42 percent and erasing all of the gains. They were having people in vest in the First Six Months, and a lot of people did. 70 percent of investors are individuals and many people put the savings in the market and now have watched much o

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Transcripts For CNNW CNN Newsroom With Carol Costello 20150825

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

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Transcripts For CNNW Early Start With John Berman And Christine Romans 20150825

Fears about weakness in chinas economy sending investors around the world out of Commodity Prices and out of oil and into the safety of government bonds. I want to bring in Andrew Stevens in hong kong. Andrew, the selloff continues unabated in asia. Reporter good morning, christine. Unabated in china. Shanghai down more than it was yesterday. 7. 6 versus 7. 5 yesterday. These are massive falls in anyones language. This is panic selling in china. They are mainly small investors and want to get out of the market. A lot of them borrowed money to do it. Now they want to get out. Their concern is no sign of visible Government Support trying to ease the pain. A lot of angry and disgruntled investors in china. It is important to note here, christine, the shanghai meltdown should be seen in isolation. The market does tend to operate in its own world. It doesnt reflect what is happening in the real economy. Market went up into a huge territory while the market was going down. The other good new

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