Life is taken, and the grief is felt by everyone plus, welcome back. Gone from california for more than 100 years, now the wolf back is returning stock prices around the world plummeted for the second straight day. The dow dropped more than 500 points, and this may end one of the longest bull runs in u. S. History. For the last six years the u. S. Stocks have been rallying. Ali velshi explains what is happening. Its bad, but important to put the losses in perspective. First the bad and thin perspective. The dow and s p 500 posted a biggest oneday percentage drop since november 2011. The Dow Jones Industrial fell 531 points. Thats a decline of 3. 1 , although if you have diversified investments, they look more like the s p 500 index, versus the do you 30, and they fell more. 3. 2 percint. The s p index is down 5. 8 for the like. Theres years where the market ends ends up 5. 8 up or down. To have it happen in a week is dramatic. The nasdaq has been moving more. 3. 6 lower today, 6. 8 for the week. Let me take it out further, do you is down 10 from its alltime intraday high, set on may 19th of this year. Decline of 10 is the definition of a correction, a bear market is when a market drops by 20 . The do you fell more than 1,000 points this week. I tend to talk in personnels, because points have different value depending on how much the dow is up. Thats a loss of 5. 8 , like the s p 500. Now, there are three big reasons for this. We have been talking about china, devaluing its currency, in response to a slowdown in the economy. That has the world worried, that china is slowing down. Its been driving, a big drop on the World Economy. The fed has been sending mixed signals about raising interest rates. That has people worried. And oil price, the price of crude oil in america dropping below 40 for a moment. That has people worried. All of these have signals of slowing economies around the world, feeding off of each other. That is what is happening right now. We are keeping a close eye on this. The idea that the do you closed at the lowest point in the day suggests it will expend to monday. Ed is the wealth manager at chat wood investments, and is in dallas tonight. I understand you dont think this is about china, tell us why . Ali does a great job with basically everything he said. Theres one point he left out, about earnings, and stocks move 69 months i head of when earnings and Economic Data is announced. What is happening is they have moved up. We are seeing the earnings retracting the forecast. That is happening. Some of it is china, the world, europe, japan, singapore. The whole world is slow, the earnings will not be there to support the stock prices. We have a lot of selling. Where is it headed . Its going lower. You know, you look at some of these things, you look at what is really happening, theres a technical analysis, and not to get wonky, but you have programs we have 400500 points on the downside. Monday is not a pretty opening unless something happens over the weekend. At the same time oil prices are at the lowest level in years and years. That means a lot of things will not cost as much as they have before. Does that help consumers when it comes to prices . It will at some point, but what its really saying is that the world has slipped so much that they are forecasting demand to not be there. Therefore, that hurts earnings, i love seeing oil prices lower, and that should help businesses, at some point that will help some industries, but the cloud of the slow World Economy is so great and intoxicating in terms of being a negative for business, youll continue to see negative numbers out of every market. Germany is a problem as well. In europe, germany was the good engine in that World Economy or european economy. That is not doing well either. At some point things will change. Its not a normal 10 correction. Plenty of people have 401ks, but some are not into stock at all. How will this affect the average american . Depends if they decide to shorten investment. If you are an investor, and have more than five years to invest, and you dont need the money, you stay in equities, turn the television off and go about your business. If you need the money, you should have 1218 months worth of money set side. Well have a rough market for a while. In the long run, you are better off being in equities. Youll be scared, but live through it. In the long run, youll be better off being in the equities. You are worried about a drop on monday . It will happen. Take my word for it. Good to see you two americans hailed as heroes. The men u. S. Service members took down a gunman moments after he opened fire on a high speed train. Paul beban is here with that. The alleged gunman is a moroccan man, wellknown to french authorities, and was heavily armed. If it wasnt for the quick thinking of two americans that took him out, this could have been worse. Reporter the shooting started as the high speed train made its way from amsterdam to paris, with 554 people on board. The gunman was subdued by two american passengers, reportedly marines, who heard someone loading a weapon. They confronted the man when he came up, and was injured in a struggle of. There was one shot. French prosecution is investigating the case and frances interior minister praised the two americans for stopping a potential massacre. Its important to go with the president of the republic and Prime Minister to express to two american passengers who were brave during app difficult situation. All our gratitude, appreciation and admiration. A third passenger, french actor jean hugh injured his hand, breaking class to pull an alarm. This photo shows a man lying on the floor of the drain. His identity is unclear. The train stops in a northern french town, where a reporter saw an injured man taken off the train in a wheelchair. Speaking english with an american accent. Video shows another man led off the train in handcuffs by french police. The picture is in custody, and is known by french intelligence. Hes 26, from morocco, and his bag contaked an ak47, nine clips and a pistol. President obama was briefed on the attack, calling the actions of the two americans heroic. France has been on high alert in the wake of a spate of attacks, notably when 17 were killed in an assault on the magazine charlie hebdo. What are the chances the men would be there when it happened i. S. I. S. A second in command was killed in a u. S. Air strike. He was reportedly travelling in a week near the Northern City of mosul. He was primarily coordinator for moving i. S. I. L. Weapons and fighters between syria and iraq. Israeli rockets fell in southern syria for a second day. Four killed in what israeli officials call rhettalory strikes. Syrian state tv said those killed in the Golan Heights were civilians. Israel said they were palestinian combatants. North korea is warning of a war. North and south putting the military on high alert, following the exchange of artillery fire on thirst. Pyongyang ramps up its rhetoric. Harry fawcett has the latest. Reporter in a late night meeting of a central commission, kim jong un ordered front line into a casei war state. Ready to launch surprise attacks against the south. Translation the general staff of the Korean Peoples Army sents an ultimatum saying the Korean People launched a strong action unless they stopped broadcasting towards the north in 48 hours. Reporter these loud speakers at the border of that warfare. Sieva restarted gasps of propaganda two weeks ago, for the first time in 11 years. It was in response for what happened earlier in month. South korea says northern forces planted landmines that maimed two soldiers. Land mine explosions and shedding by north korea are illegal. We urge north korea to stop it and the hasty acts. The village lies a few kilometres south of the border. Its a close area to where south korea says of the first salvo was fired on thursday. Hundreds were told to leave their homes. Here only is the advisory in place. North koreas provocation is likely to continue. We are advising residents to stay in shelters. Some went out, mostly to carry out daily business. Wed advise them to come back to the shelter this evening. Inside it was the elderly and the young that stayed behind. Living in the area, i have seen many drills and heard explosions. This time the sound was louder, and there was an announcement asking us to evacuate. Compared to the past, im more concerned. Reporter seeking refuge in the shelter is starting to feel like an uncomfortable habit. Last year, a shell fell here, north korea has been firing at propaganda carrying balloons launched by activists. This time the residents have the reokay u passion of a deadline reoccupation of a deadline kicking down. If a strike follows, and are it will counterattack the heightened tension led to a halt to a joint u. S. South korean exercise. Defense Officials Say the annual manoeuvres have resumed. In europe the growing refugee crisis turned ugly. Police in macedonia fired stun grenades. They declared a state of emergency, closed the border with greece, and a crowd made attempts to charge police and across the boarder. 40,000 people, most escaping serious war, passed through macedonia in the last two months. We know the names of three firefighters that died this week in Washington State. Tom, andrew and richard were all members of the same crew. Officials say they died wednesday, after a massive and fastmoving wildfire they were fighting suddenly changed direction. They tried to escape. The vehicle crashed and was overrun by the flames. The fire is one of more than 100 exploding cross the u. S. Over a million acres are burnt. Firefighters are looking for hep, calling up volunteers. Lisa is in grant grove with more. Here in popular sequoya national park, we sea firefighters on the line, not hesitating to help. Now its coming from halfway around the world. Fire crews from australia and new zealand are coming to the western u. S. To help fight the largest fires out here. The fire in Washington State that killed three firefighters, injuring four others in washington exploded in size. Burning more than 100 square miles in a day, with little relief in site. We should have more weight of spread and acreage burnt than yesterday. We were expecting wind in the afternoon, coming in through the fire area, at approximately 3545 miles per hour. Steady for most of the afternoon. Thousands are forced to evacuate. Fire officials are taking the step of calling for volunteers to join in the effort. This is an unprecedented cataclysmic state. Theres 390,000 acres burning. President obama signed a declaration of emergency for Washington State, allowing f. E. M. A. To take over coordinating relief efforts. In 11 counties affected by the fires, Officials Say the situation is so fluid, its hard to track how many homes have been destroyed. More fires are racing through the bone dried states. Evacuations in idaho, new blazes in oregon and montana. Flames are approaching a town. In california, more than 12,000 firefighters are battling 17 firefighters across the state. One is bearing down on a nations treasure. The se coya national park. Even though its mostly put out here, crews go back over their work to prevent flareups. A lightening strike that set the forest ablaze has been burning out of the control, devouring much of the learned escape. 1600 are battling the fire, only 300 is sustained. At the visiting center of the park, visitors are not sure what to do. This couple is celebrating, they were here half a century ago and wont let the fire ruin their visit. The air is not pleasant to breathe. Doesnt mean we turn around and go to connecticut. Why would we do that, its our 50th anniversary. Reporter many visitors enjoy that park and the forest every year. A woman that was hiking this morning has been reported missing. This 62yearold was separated from her group, and search crews are looking for her. The Sheriff Department tells us shes not expected to be near the flames, but the thick smoke from the fires is making it hard for search crews to locating her. Next on the broadcast casting doubt on the effectiveness of mastectomies for early stage Breast Cancer. And how black lives matter, the movement, is taking root outside the u. S. The u. S. The only way to get better is to challenge yourself, and thats what were doing at xfinity. We are challenging ourselves to improve every aspect of your experience. And this includes our commitment to being on time. Every time. Thats why if were ever late for an appointment, well credit your account 20. Its our promise to you. Were doing everything we can to give you the best experience possible. Because we should fit into your life. Not the other way around. Every year 60,000 women learn they have early Breast Cancer, it could lead to a deadly tumor. Almost every patient undergoes surgery to fight it. A Study Suggests that strategy may make no difference at all. Kristen saloomey has more. Reporter as more women are screened for Breast Cancer, more are diagnosed with d. C. I. S. , a possible bre curser to what could be a deadly tumor. Treatment involves removing part or all of the breast. In some cases both, but a study in the soninlaw of the American Medical Association suggests getting a mastectomy makes little difference in the outcome of patients. 25 of women with basic treatment. A lumpectomy. They did just as well in terms of survival. The study followed more than 100,000 of these patients for 20 years. Researchers found patients freed for stage 0 Breast Cancer had just about the same likelihood of dying from the disease as the general population, raising the question are tens of thousand women unnecessarily treated. Deb counsels others going through the process. It makes people stop and think more, they may ask their doctor more questions, not feel they have to rush into something. That there is time to think. Its not a bad thing. Its not a bad thing at all. Oncologist says a more controlled study is needed, that looks at the outcomes of women with no treatment. Its another peace of information that makes us consider does this person need radiation, do they need surgery. And the study showed some patients have higher risks. Black women and women under 40. As always, experts say the best thing to do is consult your doctor. And the chief medical officer of the American Cancer Society is in atlanta. What is your take away from the study . There are some that have carson oma that should be aggressively treated. Thats a small number. Many that could be moderately treated, well get to the point where some need to be observed. How does a doctor know which people need the aggressive treatment. This was a welldone study, and they define the characteristics of the tumor that needs to be aggressively treated. So give me a sense is it the size of the study, the detail that makes it important. We suspected that some didnt need to be treated. This study is 100,000 people, im used to seeing studies of 5,00010,000. It has up to 10,000 follow up, a large study, well done. How many women had mastectomies that didnt need them . I dont know. And, unfortunately in the last 20 years, the intensity in the United States is towards drastic surgery. Many get bilateral mastectomies. What do you suggest to women that say despite the study, im concerned about my health, and based on a history. I understand the concern. I think we have an obligation to make sure that women know where the science is. We understand that 80 of women with d. C. If, and we know who they are, need to have a lumpectomy, and yest roe gen. We need to explain that very well. In occasion circumstances, a mastectomy is appropriate. We hope most women will listen to us, getting the less drastic treatment. In the last 10 years, how has the dreamt improved, how much better has it gotten . For Breast Cancer, it is better. Weve had a 40 decline. Things have gotten really good. In terms of morbid itty, thats where i worry. Everyone looks for a cure. Is there some new treatment horizon that gives you hope. Theres a number of ways of understanding the tumor. Many. Drugs, in terms of molecular biology, they are for people that have disease that spread, and we are Getting Better there. We need to focus on early deduction. Thank you for your insight. We appreciate it. A new report is shedding light on the dismal state of americas veterans hospitals. One in six positions vacant at facilities across the nation as of midjuly. 41,000 jobs vacant. Including critical workers. Work for veterans is worse, one in three jobs need to be filled. Critics blame complex hiring procedures. Saying veterans wait weeks to get health care. History was made, the first female soldiers to complete the rigorous ranger school. Complete black and gold ranger tags. They graduated alongs side 94 men, their success shining the spotlight on the debate over opening combat rolls to women. Next a 9yearold kill by gunfire in ferguson, missouri. I tried to do everything i could. I wish i could have saved her a new outrage in the city, still recovering from the Michael Brown shooting. Cubas racial divide. Some cubans aits why some are betting say its why some are getting rich and others are left behind. Behind. Could normalization change cuba forever . Im afraid for cuba. We ask cubans about their hopes and fears. I would love to see my business grow into a transnational company. Hi everyone, this is al jazeera america, im John Seigenthaler ferguson, a 9yearold girl dies in her own home. I tried, i did everything i could. I wish i could have saved her. The story about policing parents, showing a different side to a wounded city black lives matter, fighting Police Violence from baltimore to brazil how it is spreading race and reform, rich and poor, black and white. We take a closer look at divisions and the new hope for change plus, katrina, an indepth report on the storm, the city. People were falling into the water, drowning, in distress and where things stand after the flood. We begin with the latest shooting death in mississipp mi leading to death and sadness, and tells the stor