investors a scare by reporting a stunning drop in earnings, largely because of supply chain turmoil and rising costs. target lost 25% of its value today alone. its worst day since black monday in 1987. this comes a day after walmart sounded the inflation alarm, also suffering its worst day since 1987. the big concern is companies are having trouble passing along higher costs consumers and that perhaps corporate profitability has peaked. that s normally something you only see during big economic slowdowns. put all this together, you have the s&p 500 losing the most in one day since june of 2020, in nearly two years. the nasdaq plunging even deeper into a bear market. i should note markets were up big yesterday, but the wild swings really speak to the deep uncertainty about what comes next for the economy. and matt, a new conference board survey suggests, you know what, let s move on. matt egan, thank you so much. turning to our politics lead and an election cliffhanger in pe
Trucks entered gaza since the war began. Even as almost causing over the border town of rafah, Israeli Forces struck hamas terrorist targets in gaza. We will have a live look at whats been happening on the ground in just a moment. Here in the United States, we are going on three weeks with no Speaker Of The House. After congressman jim jordan failed to secure enough votes to grab the gavel. That means important House Business is on the backburner, will they figure this thing out. Let me be very clear, contradict what Republicans Friends In The House seemed to, think democrats, theyre actually not to blame for this mess. And a bad turn for the former president in georgia. Not one, but two of his former lawyers have pleaded guilty in the Election Interference case brought by d a fani willis. They have agreed to testify in future cases. What that could mean for donald trump, coming up on the show. I am symone sanderstownsend, i have something to say. Humanitarian help has arrived in gaza,