david? david: stephanie, thank you. now, to the war in ukraine, and tonight, russian drones targeting ukrainian sport city on the danube river, nero mania. a massive fireball erupting. port operations suspended. 43,000 tons of critical grain supplies were destroyed or damaged. russia has been repeatedly hitting ukraine s ports since quitting a deal allowing safe passage for grain to reach world markets. meantime, here at home and to the economy tonight, and the stock market seeing its best rise since 1987 as of late, falling, though, today, after the u.s. government s credit rating was downgraded. the dow falling 348 points today after last week seeing that best winning streak since 87. it comes after fitch cut the u.s. credit rating from aaa to aa-plus, krifting rising debt and budget gridlock here in the u.s. tonight, treasury secretary janet yellen calling it unwarr
today. thank you. sandra: nikki haley will join me tomorrow in her first interview since her policy speech at 1:00 eastern time on america reports. tune in for that. a quick look at the corner of wall and broad. as you can see it there on your screen, the dow falling 344 points. falling to its lows of the session all the way in to the final moments of trading. major tech companies start to give us their first quarterly reports with the nasdaq the hardest hit down 2%. we re going to be hitting that a bit later in this show. with the 2024 race taking shape, which side has more donors taking notice. charlie gasparino on what he s hearing coming up. all across the country, people are working hard to build a better future. so we re hard at work, helping them achieve financial freedom. we re investing for our clients
americans. the parade is on tomorrow as scheduled. whit? encouraged to hear that news. aaron katersky, thank you. next, concern over the and treet one week after u.s. the collapse of silicon its former parent company now filing for bankruptcy. the dow falling 384 points jusr unveiled a $30 billion plan to rescue first republic bank. a new report claiming first republic executives sold $12 million in stock months before the crash. here s abc s erielle reshef. reporter: tonight, wall street closing out the week with a rocky ride, stocks plunging nearly 400 points even after that $30 billion rescue of the troubled first republic bank by the country s biggest banks. there s still a lot of angst in the marketplace. i think there are some investors worried that we may see a bank failure or two this weekend. reporter: president biden today pushing congress to
america. job is denying the report right now. it s amazing. martha: thanks, gentlemen. pete, mark, joe. great to have you with us. obviously a very busy weekend. a lot going on around the world and in washington. we ll cover that for you. i m martha maccallum. this is the story for friday, february 11. have a great afternoon. the story goes on. if you look at the disposition of forces in both belarus and in russia on the other side of the ukrainian border from the north, from the east, the russians in a position to mount a major military action in ukraine any day now. russia is in position and could attack any day now. that is from jake sullivan just moments ago who says that a russian invasion could take place while the olympics are still going on. fears of a russian invasion hitting stocks. the dow falling 504 points after
the black sea, if they move in from the north and as well as the east there, that really is kind of an apocalyptic scenario there, david. it would be the land war on the european continent, the first since world war ii, really. and of course that brings you back to the sanctions, martha, and whether or not the sanctions would work, if that s the scenario we re looking at here. we continue to watch this with you, martha, thank you. those tensions already being felt here at home, gas prices rising, and the dow falling 700 points at one point during the day today, closing down 482 points. the s&p down 10% from its peak, the record high recently, in corrections territory now. but of course, the immediate impact tonight will be at the gas pump. let s get right to our chief business and economics correspondent rebecca jarvis. the president again today telling the american people that they should be prepared, and also signaling that at least behind the scenes, they re preparing for steps