Some sense of stability returned after last weeks market meltdown while tokyo hong kong and shanghai led a strong advance across asia investors continued to be anxious especially head of key u. S. Inflation data to be released wednesday some of the some of those concerns at such data could spark further volatile market moves almost anything could european stocks have seen a robust recovery also following the worst week in two years bringing back the bullish sentiment which has been buoyed this year by strong Economic Indicators and Company Quarterly reports the pan european stocks europe six hundred index rallied one point two percent including eighty seven percent of the stocks that make up the europe six hundred closing in positive territory plus other stocks stock exchanges in germany france and the u. K. Each rose by more than one percent. Just a little over a week ago markets were shaken to their core the Dow Jones Industrial average lost more than fifteen hundred points in just a
One point two percent including eighty seven percent of the stocks that make up the europe six hundred closing in positive territory plus other stocks stock exchanges in germany france and the u. K. Each rose by more than one percent. Just a little over a week ago markets were shaken to their core the Dow Jones Industrial average lost more than fifteen hundred points in just a single day why u. S. Investors felt the burn what was going on overseas in europe and asian markets well here to give us some more insight as hilary for the founder of mark henry thank you for being with us again were really pleased to have you whats going on in the rest of the world as we were in the middle of this market meltdown well great to be back on go i think there were actually waves of while the rest of the world tends to follow the u. S. And i would say that you know volatility bring volatility and thats what we feel now what did asia seems to recover is reported and that headlines and europe was on a
Second in front of the a joint session in congress. The big issues are nexts as power lunch begins right now your portfolio taking a big hit for the second day we are right around session lows, the dow and s p 500 having the biggest drop in about five months as you might imagine, the socalled fear gauge is rising a bit today. And the story we told you about taking most of the Health Care Stocks down, hospital stocks are you want and other win is as well clorox, at t and Phillips Van Heusen are among the few companies in the green thank you im Michelle Carusocabrera. Here is what else is happening Hardy Davidson shares are dipping. The shipments lowest in six years. They expect a drop this year as well apple glassing the ios plan. Home prices surging again. The caseshiller price index dipping. We begin with the market selloff were at around session lows, the dow down around 360 points bob pisani is with with more. Just off the lows 2820 was the lows, be were just above that thats a diff
Mean theyre like you know perpetual College Students who are going from one exam to another now let me also get me d. Types that are actually stop or no no no no you dont theyre going to the city that never sleeps wall street well you know i mean its an industry in a market that never sleeps youre absolutely right now you mentioned asia we talked about asia a little bit whats whats the big markets over there the hang seng the chuang high composite. You know how are those markets doing well china is always far more speculative than we are in fact somebody actually said to me once he said he was over in china and he said you know its like an organized capitalism over there theyre far more actually entrepreneurial and very speculative theyve actually taken out of lot of loans dont forget theyre buying on debt take out the stock market so they will have obviously great swings that europe will and what about the nikkei that japan the nikkei average about the same thing but not to the same e
And theres no flying the friendly skies for this bird. This woman was trying to board the plane with her emotional suppois up support peacock . Good frrning from the cbs 57 newsro newsroom. Im annemarie green. In his first state of the u. N. Address President Trump expressed optisichl. He worns of the dangers by north korea and talked about immigration reform. Good morning, annemarie. Amongst the topics he dove a little deeper into was that. There could be a shutdown as soon as next week. The state of our union is strong because our people are strong. He touted all the areas he sees as successes. Job creation, stockmarket gapes, tax cuts. The hot topic button that, immigrati immigration. Tonight im extending an open hand to work with members of both parties. He called for construction of a southern border roy and an end to visa lotteries and family immigration. He offered a packet of citizen ship for 108 illegal imgrant mi. Those who show education and good moral character can become o