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Transcripts For LINKTV Newsline 20240712

It was the biggest single day drop since september 3rd. The index fell more than 950 points at one point. Worries about the economy rose after the daily tally of new intexass in the u. S. Climbed over the weekend to about 83,000. The techheavy nasdaq fell at well. People in the markets said investors sold on fears that the surge in new cases would derail efforts to get the economy moving again. Investors are turning cautious as lawmakers in congress remain far from a deal on additional stimulus measures. Staying in the u. S. , the Republicancontrolled Senate is set to confirm Amy Coney Barretts appointment to the countrys top court. The 48yearold will bed Third Supreme Court Justice Toews chosen by President Donald Trump. She will succeed Ruth Bager Ginsburg who passed away last month. Her lifetime appointment samcems a 63 majority on the bench. Divisive issues such as abortion, gun control and health care. Trump, trailing in polls, made barretts nomination part of his pitch to voters

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