Final hour of trade for investors who have been watching all day long this pretty significant selloff. Live from the floor of the new york stock exchange, we are talking to traders, market gurus, all kinds of people who will help you deal with this hour and with the money. I want to show you a couple things. Dow, s p and nasdaq, we will clock it right here, because you are seeing the selloffs. We are off the lows of the session. We do have the Dow Jones Industrials down 821 points. When it opened, it did absolutely gap down but they are looking at the moment at the s p down 89 points. It had been down triple digits. I will tell you that much of this started with the coronavirus spreading to unlikely countries. We are talking about iran and italy. Investors, very concerned, of course on friday on the claman countdown we told you wait a minute, there is this hot cell of cases of the coronavirus in northern italy, an area called lombardi. Sure enough, what happens, we are looking at real
Well see whether or not we keep our meeting in september. If we do that, fine. If we dont, thats fine. Time that somebody does what were doing. This comes after the said new tariffs on chinese imports will take effect september 1. Shattering a truce reached with the chinese president weeks earlier. Senate Majority Leader Mitch Mcconnell says Gun Legislation will be at the top of the agenda from theirers return august recess. In the wake of several mass shootings, mcconnell says the look at expanded background checks. Also on the table, socalled red to keep guns away from dangerous people. Mcconnell has opposed most gun laws in the past. A Political Drama is playing out in italy. The Prime Minister is signaling he Wont Leave Office without a fight. His deputy is trying to bring down the countrys populous a snapon and force election. They want lawmakers to vote out to government as soon as next week. He and his league party are tired of infighting with coalition allies. Global news, 24 h