Yields our top story is the u. S. Stock market officially falling into correction territory in yesterdays session. The dow was down by 1033 points. Thats a huge drop weve seen one earlier this week as a result were on pace for the worst week since 2008. The nasdaq was off by 275 points since the slide began back on january 26th, nearly 2 2. 5 trillion in market value has been wiped out from the s p 500. When you look at Global Markets they lost 5 5. 2 trillion over te last two weeks well, you add that up and you look at the u. S. Equity futures, the good news is that things are stabilizing a bit and even turning around after that big decline. Thats not what we saw earlier in the week. Right now it looks like the dow is indicated up by 270 points. If we were to open here, the s p would open up by 33. The selloff we saw yesterday continued in asia. The nikkei was down by 2. 3 . The hang seng was down by more than 3 . The shanghai was down by 4 . European equities in some of the early tra
Doing so close to the tracks . Fox 29s Chris Oconnell is in University City where the teen is at the hospital. Chris . Reporter good question lucy. Teenaged boy is lucky to be alive tonight. Frankly lucky to only escape with some minor injuries after he was hit by a Freight Train in delaware county. Take a look at the scene. Skyfox over that scene in darby after police say a 16yearold boy was crossing the tracks with some friends about 8 00 oclock tonight. It happened near sixth and main streets where trains travel right through the intersection. Well police say while he was crossing the tracks that teen dropped a shirt. As the train was approaching that boy turned around to try to pick up that shirt. But we are told he got clipped by that csx Freight Train it sent the train tracks shut down both 48 train and septa trolley tracks. The boy injured his arm but we are told his injuries are not serious. The boy was taken here to Presbyterian Hospital in West Philadelphia where we are told
Travel right through the intersection. Well police say while he was crossing the tracks that teen dropped a shirt. As the train was approaching that boy turned around to try to pick up that shirt. But we are told he got clipped by that csx Freight Train it sent the train tracks shut down both 48 train and septa trolley tracks. The boy injured his arm but we are told his injuries are not serious. The boy was taken here to Presbyterian Hospital in West Philadelphia where we are told by police his injuries are not serious. We do know the scene has been cleared. Those tracks the Freight Train tracks and trolley tracks have been reopened tonight. But a scary night on the tracks for that teenager here in delaware county. Lucy iain. All right, chris. Busy night also breaking a correctional officer attacked inside a philadelphia prison. Were told an inmate stabbed the 25yearold man several times with a make shift nail inside curranfromhold correct al facility. Sky fox over the prison in holmes
Eight recipients of the medal of honor. So it is very difficult. What happens often times they heroism is recognized, but not at the highest level or to the silver star or the bronze star very few people are in the middle. He would almost for sure say that he didnt deserve it. He might point out to somebody else that was more heroic than he was he was very humble. He never talked about the Carnegie Medal and when i interview people that knew him when i did the book a long time ago people knew him well and i said what about the Carnegie Medal and they didnt know anything about it. He earned his medals and was very modest. He didnt think that he deserved it so he never talked about it and i think that he would have been the same way. Ive known a lot of medal of honor recipients in the foundation and most of them will tell you i didnt deserve this and it should have been given to somebody else. Its a piece of humility we all can learn from and he would have been in that category. For more
Around the clock. American apparel seals a 90 million deal with creditors to avoid default. This after they warned about operating cash flow amid operating sales. Coming up on the show, we reveal why bill gates is staying behind at the office. Plus starbucks are filling up its cups with something a little different than coffee. We take the lid off the plans. And snapchated at jury duty. One gop candidate takes a day off campaigning to perform his civic duty. Stay tuned for the details. Welcome to the show. U. S. Futures pointing to a lower open. The dow down 28 points. Mixed set of housing data out yesterday. That manufacturing number that killed the market at the open but then the home Builder Sentiment number providing a boost to equities but Global Markets are taking their queues from asia. On that note lets take a look at asian markets. Theres been a sense of anxiety surrounding the Chinese Markets after we got the latest moves to intervene on the currency front. Its another down d