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claims mitch mcconnell let one russian oligarch slide on sanctions for business in his state. welcome to the lead, i m jake tapper. and we start with breaking news in the money lead. fears of another esession causing panic on wall street. the dow taking a dramatic tumble. ending the day down more than 700 points at the closing bell. 800 on the chart right there. the huge slide was set off by one single warning experts say, a specific economic indicator that is historically predicted on presession and a measure that flashes a red warning light for the first time since 2005. i want to go to cristina alesci at the stock exchange. how bad was the damage today. it was a blood bath. we re down 800 points and even in the final minutes of the closing bell, jake, this is investors sending a very clear signal to president trump that they do not like his ill-planned and so far fruitless trade war