This is al jazeera america. Live from new york city. Im stephanie sy. U. S. Stock markets were reeling at the opening bell on fears that chinas economy is falling. Youre looking at the stock he can change, after briefly followin followfalling 1,000 points. Concerns that the world second largest economy is slowing, were sparked by the governments decision to revalue its currency. Joining us now, host of on targets, ali velshi. Ali, lets start with how worried should we be about a slow down here or abroad because of the turmoil were seeing in the Global Market . Its all relative. China is definitely experiencing a slow down, but its still in the 6 to 7 range. We still have new numbers. The u. S. Is growing. This isnt like 2008 where everything was slowing dramatically. Some economies were dropping 9 to 10 . That is not what this is. This is investors disappointment that things are not growing at a pace to which we have become accustomed to the last six years. The dow mirrors other market
La quinta live from the cbs bay area studios this is kpix5 news. A heart stopping day on wall street, tonight five words of advice for your 401k and apple ceo tim cooks unusual move to calm investors. Tonight investors have to be wondering what is next after getting taken for this wild ride. As soon as the opening bell rang, the dow dropped like a rock. Within minutes it had fallen over 1,000 points, but a midday rally started wiping out the losses, not for long, though. It plunged again closing down 588 points, a drop of more than 3. 5 . Asian markets are off to another shaky start today . Thats right. Since the market in shanghai opened its already dropped almost 6 . The nikkei is also down. For the past three sessions the opening bell has signaled the beginning to chaos on the stock market with the dow, s p and nasdaq taking massive hits. Michelle higgins is an east Bay Financial planner and money manager. She has five words for her investors. Keep calm and carry on. Reporter michel
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I just buried our youngest in back and youre not going to have anything left. You need to come home. Will examine the vietnam war of the 1960s have experiences of Charlie Company discussing the battlefield of vietnam and we soldiers have to fight upon return to the United States. Veterans have been just as political footballs. They been used as part of a morality play. They been just as many things but hardly anybody had gotten to tell their story who they were as young men before they went, the trauma of war that they went through both as great victories, its funny times, its horrible times and then what happened to the generation since they had been home. The 1966 length of civil rights activist advanced of the ku klux klan. For what reason did anybody want to come and kill my dad . They came as result of the orders from the head of the klan who said go annihilate. And they came to kill the whole family. And learn about the Freedom Summer School programs during the summer of 1964 whe
Virginia woman is dead. The medical examiner officially identifi identified la seth lopelopez. Police say she was murdered, but are not saying how she died. Back here at the live desk, we have dramatic new video just in. Take a look, this is out of wynnewood, oklahoma. Wow. A tornado just ripping through part of a house there. Also caught on cam, you can see powerful just crumbling to the ground the fun he will cloud and then moving on ripping through an open field destroying pretty much everything in its path. This thing is massive. Power lines were sparking left and right. We know that several homes were hit along the way. The winds continued to roar. Two people ended up dying in this severe storm. Todays the latest from the live time for weather and traffic on the 1s. Chuck bell is in the Weather Center now with four things to know about our forecast. And you can guess what the first thing will be, more rain chances coming your way and that is a record. Yesterday officially now at N