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Ride on wall street. The dow tumbled a thousand points after the markets opened. Steve investors cut some of the losses, but it was a rough start. Arthur chien joins us to selloff. Reporter it ended up closing at 600. Many people are saying its not as it looks. When it looks this bad, the area above is not comfortable. We know whats causing this. How worried should investors be . Those are the questions we try to answer. The time lapse, plunging 1,000 points in the opening minutes. All three u. S. Markets winced china in particular. Trade in the s p 500 and nasdaq were halted several times to break the fall. Adam shapiro of fox business calls it an overreaction. Reporter if you live and breathe these markets on a daily basis, youre giving yourself anxiety you need not give yourself. Within hours, the worst stock drop since 2008 roared back. But the collapse in chinese stocks will be a lasting concern. Now the worlds second largest economy, many u. S. Companies, including apple and gm,
Fort-leeNew-jerseyUnited-statesNew-yorkLouisianaCanadaFarmingdaleDominican-republicBethpageChinaWoodhavenIsland-schoolAnnouncer it is 10 00 p. M. Do you know where your children are. Right now on fox 5 news at 10 00. A casino bus crashes in queens leaving a gapping hole and number of people injure. Now shoring that you building. Yeah, making sure to secure the sight of the impact is a pile of rubble. Emergency crews and building experts spent the evening trying to safely remove the bus from the scene. Sharon crowley has the latest on the accident and the investigation. That is right. Well, behind me, you can see workers are hard at work trying to see core the area around the building because the building is in a precarious position after a bus rammed into the side of it at 2 30 afternoon injuring six people including the bus driver. On the kosher of 63rd avenue and wood haven boulevard in the regel park section of queens. I heard a big crash and i saw it because i was coming down from there. I saw the bus the building there. I looked over at the bus driver. Was in a bad condition because there was who
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