The nasdaq down by 273. The s p lost 113. Abc News Reporter Elizabeth Hur is in new york with more. Reporter a nerveracking day for trade others wall street with the dow taking a nose dive, falling more than 1,500 points at one point before ending the day down 1175 points. Thats the biggest point drop ever. The market meltdown happening at the same time President Trump was celebrating the American Economy and jobs in ohio. Weve already created nearly 2. 6 million jobs since the election, including more than 200,000 new jobs in manufacturing. Reporter but at this outing, no mention of the stock market from the president , who has repeatedly taken credit for the markets gains on its good days. The stock market is hitting one alltime record after another. The stock market is shattering one record after another. Reporter the dow is still up 21 compared to a year ago. So the white house is downplaying the huge declines and analysts say theyre also not worried. This is just a case where the
Cameras in the area. And the hunt is on this morning for a gunman who fired shots in philadelphias soho neighborhood hitting a man on the head. It happened on east indiana avenue. Police rushed the victim to the hospital where hes listed in Critical Condition this morning. Investigators found 16 shell casings from 22 weapons at an apartment across the street. Police do not believe the victim was the intended target. Monsignor william lynn is back in court as he fights against a retrail after he served time for covering up clergy sex abuse against children. Matt, break this case down for us. Reporter well, tracy, whats happening today will be an argument of sorts before a judge. Monsignor william lynns attorney is trying to get the retrial dismissed. Take a look at this video here, this is monsignor william lynn being released from prison last year. His attorney filed a motion in part arguing that the commonwealth had in evidence the 2012 trial that could have been favorable to lynns de
And mass transit, things are doing great there. Everything pretty much running on time or close to schedule. Katy and tracy, back to you guys. Jessica, thanks. New this morning, police are looking for a gunman who shot and killed a man in philadelphias strawberry mansion. It happened before 1 30 this morning at west oak dale and north myrtlewood street. Police found two spent shell indication of from two different guns. Theyre checking surveillance cameras in the area. Happening today, philadelphia monsignor william lynn will be facing a judge again. This time, its in hopes of avoiding a new trial. It comes months after his conviction for allegedly shielding pedophile priests was overturned. Nbc10s matt delucia joins us live from the criminal Justice Center in center city. Matt, what are you learning . Reporter you said it, tracy, whats happening, there will be an argument on whether or not there will be a retrial in this case. Mon syrian william lynns attorney said there was wrongdoin