Live from the kgo broadcast center. This is abc 7 news. Tuesday training is underway in asia, a day after the worst plunge in over 7 years. So far, its lost 6 . And the necay also dropping. Good evening, im dan laesh. And good gbegin with worries wall street. The dow average dropped almost a,000 points and in the end, it was the worst day in four years, down almost 600 points. And lillian, one sillicon valley power housemaid a move that helped the rebound . Reporter thats right, as bad as it was, it could have been a lot worse, if not for an email from apple ceo, tom cook. Moments later, stocks rebounded, thanks in large part to steve cook. Saying that his company is doing just fine in china, despite the slumping economy. Here was the fundamental assumption that china was impacting their business, when in fact t wasnt. But theeect of the email only lasted so long. The dow down about 3. 5 . The white house asserted calm. I would say the on going strength and resilience of the u. S. Econ
Live from the kgo broadcast center. This is abc 7 news. Tuesday training is underway in asia, a day after the worst plunge in over 7 years. So far, its lost 6 . And the necay also dropping. Good evening, im dan laesh. And good gbegin with worries wall street. The dow average dropped almost a,000 points and in the end, it was the worst day in four years, down almost 600 points. And lillian, one sillicon valley power housemaid a move that helped the rebound . Reporter thats right, as bad as it was, it could have been a lot worse, if not for an email from apple ceo, tom cook. Moments later, stocks rebounded, thanks in large part to steve cook. Saying that his company is doing just fine in china, despite the slumping economy. Here was the fundamental assumption that china was impacting their business, when in fact t wasnt. But theeect of the email only lasted so long. The dow down about 3. 5 . The white house asserted calm. I would say the on going strength and resilience of the u. S. Econ
And lillian, one sillicon valley power housemaid a move that helped the rebound . Reporter thats right, as bad as it was, it could have been a lot worse, if not for an email from apple ceo, tom cook. Moments later, stocks rebounded, thanks in large part to steve cook. Saying that his company is doing just fine in china, despite the slumping economy. Here was the fundamental assumption that china was impacting their business, when in fact t wasnt. But theeect of the email only lasted so long. The dow down about 3. 5 . The white house asserted calm. I would say the on going strength and resilience of the u. S. Economy. Reporter there doesnt seem to be panic here just yet. Just a wait and see attitude. Dont do anything foolish. So, for the moment, i dont do plan to do anything. Reporter but how much more can people stomach. A figure has most people hoping that sell off is coming to an end. And we will bring you the latest when trading resumes tomorrow on wall street. On abc 7 morning news
During the 1870s - 1880s, Napa County had thriving Chinatowns. For most of the year these communities were places of daily living. This routine, however, dramatically changed with the approach