thanks for your time. thanks. have a great day. a market alert, folks. the dow continues to plunge today. it is down 244 points. it picked up a little. at one point it was down around 300. s&p 500 and nasdaq also down. all of this volatility after the italian prime minister said he would step down after parliament approves his reform bill. the end now of a colorful leadership there. nbc s chief correspondent richard engel joining me on the phone from rome. richard, good afternoon to you. reporter: good afternoon. italy s economy has almost been in free fall the last 24 hours or so. berlusconi said he would resign, but he didn t say exactly when. he said he would resign after the country, after parliament specifically passes his series of reforms. a lot of people don t take
reacting to italy s economic woes. berlusconi is stepping down. here are how the markets are reacting. the dow was down at one point nearly 300, now down about 241. s&p 500 and nasdaq down as well. be right back. you want to save money on car insurance?