Lost more than 1 trillion in market value. And an 8. 5 drop in shanghai last night. Wiping out chinese gains for the year. Jim, what is the story today . I think it is china. What id like to do because its a terrible market. It reads something that is in keeping with that. I sent tim cook an email trying to understand covering apple because that is a crucial part of it. And tim sent me this this morning right before the show. Ill read it. As you know, we dont give mid quarter updates, and he rarely comment on losing apple stock but i know your question is on the minds of many investors. I get updates on china today including thing and we have continued to experience strong growth for our business in china through july and august. Growth in iphone has dproen and weve had the best performance in the app store over the last few weeks. I cant predict the future but our prediction is reassuring. China presents an opportunity over the long term and the growth of the middle class over the nex
The dow now down 4 . Nasdaq giving up 181 points. We have full team coverage. Bob pisani clocking the action at the stock exchange. Bertha coombs at the nasdaq and Jackie Deangelis at the nymex. Lets start with bob. Apple helping to turn things around. Emwas typical. The big plunge and recovery we saw all within 15 minutes. Apple opening down from thursdays lows. Recovering and testing it around 9 45. Let me show you intraday full screen of what the day looked like for apple. It doesnt do justice looking at the chart. Close was 105. 76 friday. Within less than a minute we went to 92. Down 13. At 9 45, the whole thing turned around. Ten minutes later, apple up at 102. By noon after the 11 30 close in europe, it was up 108. These are large moves. Its hard to describe how weird today is. We have two new highs at the new york stock exchange. 1239 new lows. Those are very weird numbers. We have 160 stocks advancing. We have roughly 3,000 declining. You get an idea. You dont see these number
The Dow Jones Industrial had posted second straight 500 plus point drops over a twoday period. So how far will these markets fall from here . What should we expect . Tonight heres to tell us moodies chief economist, s p chief equity strategist stan. And also here, Hillary Clintons poll numbers have been sinking ever since she announced her campaign. Things verify gotten so bad that even her most best supporters are questioning will then the nominee . And Vice President biden may run. Just when we thought they were good friends and why did biden meet with senator Elizabeth Warren . Well have a full report for you coming up. Is and rising concerns among democrats tonight that president obama over sold his nuclear deal, iran. Apparently some democrats are beginning to watch this broadcast and telling their friends what were saying here. Well update them again tonight. Joining us is fox news military analyst general jack keane. And we begin tonight with our top story, wall street suffering
The Dow Jones Industrial had posted second straight 500 plus point drops over a twoday period. So how far will these markets fall from here . What should we expect . Tonight heres to tell us moodies chief economist, s p chief equity strategist stan. And also here, Hillary Clintons poll numbers have been sinking ever since she announced her campaign. Things verify gotten so bad that even her most best supporters are questioning will then the nominee . And Vice President biden may run. Just when we thought they were good friends and why did biden meet with senator Elizabeth Warren . Well have a full report for you coming up. Is and rising concerns among democrats tonight that president obama over sold his nuclear deal, iran. Apparently some democrats are beginning to watch this broadcast and telling their friends what were saying here. Well update them again tonight. Joining us is fox news military analyst general jack keane. And we begin tonight with our top story, wall street suffering
Behavior by President Trump is the reason behind this decision. The white house was quick to respond. The president is focused as he went to the hill and met with republican senators to talk about tax reform that pushes legislative agendas of others that these individuals they are speaking and pretty loud volumes i think that they were not likely to be reelected and i think it shows that the support is more behind the president and it is the two individuals. Maria decisions come as the gop pushes for tax reform. The commanderinchief of made a decision on capitol hill yesterday to rally the party to get this done. Speaker of the house paul ryan also waited insisting intentions would not hurt the effort. And im hooked on wall street among the top names today. Going in cocacola today. We will bring you the analysis of numbers and tell you how they impact markets. Markets are flat right now. Features indicating a flat opening or dow industrials down for point. As you see there in europe, t