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Transcripts for CNN Erin Burnett OutFront 20130624 23:31:00

but it could have been much worse because at one point, all three india dececks were down 3. the dow down 225 point you go got that back, 140 points. this is part of a broader trend, though, over the past few days. stocks are down about 6% from their recent highs. now some of that s due to worries over the fed. the last time these worries happened, stocks fell once by 16% and once by 18%. so there could be more to go, but peter kenny of knight capital says another driving principle in erms term of the fed is what s happening in china where he says stocks turned significantly lower overnight. paula deen got fired again. this time by major sponsor smithfield foods, maker of bacon sausage and barbecue products. smithfield says it condemns the use of offensive and discriminatory language and behavior of any kind which, of course, is a reference to deen admitting to using a racial slur and the n word. we spoke with the reverend jesse

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