11 00 a. M. Eastern. We have a triple digit big board lost, so much for 17 k. I go way, we get to use the 17 k graphic, come back as we are down 108 points. Smallbusiness optimism is down. That is not helping the market. Dungee goes 108. Is indeed 500 also on the downside to the tune of 12 points. Look at the nasdaq, 40 points lower, broad selloff across the board, a 58 point loss for the nasdaq, 58 points down, the worst one day loss since may of this year. Charles payne is here, thank you very much, all that hard work getting the ratings to go up. That is great. Thank you very much indeed. List this selloff is the results of peoples thinking the second half of the year the economy is just not going to perform. Have i got it right . Charles we have more momentum the second half of the year than we have had for a long time but the market is up huge and the jobs report is out, there is no catalyst out there. Theres a lot of anxiety. There has always been anxiety, particular early with h
Im lester holt sitting in tonight for brian. A stunning new revelation in the search for that missing malaysian jetliner is throwing a lot into question tonight, from the area being searched to what possibly could have been going on inside the cockpit. It now aheres that the 777 continued flying for hours after it vanished from radar. We know that, sources say, because the plane was transmitting discreet automated signals after the controllers lost sight of it on their radar screens. Its a puzzling clue that vastly expands the possibilities of where the plane ended up, and it leaves some experts to wonder aloud if this plane might have vanished because somebody wanted it to. Nbcs tom costello continues to lead our coverage. He joins me thou with the very latest. Tom, explain to me what these signals are. Reporter yeah, they are described as pings, and also described to us as a wireless route theyre stays on even when youre not really surfing the internet, transmit organize not transmit