these folks weren t rioting like we have seen the past several days. they were there to clean up. now the problem is that the violence, looting and arson has spread to sever other british cities besides london. also a nationwide manhunt for two brothers and their older sister accused much opening fire on a florida police officer, then robbing a georgia bank. you re seeing the three siblings there and authorities do consider them armed and extremely dangerous. all right. wall street did a bit of a u-turn yesterday and thank goodness it did. we don t know exactly what it s going to do today. but we are waiting to see. that is coming up for us in about 29 minutes from now. the dow closed up 429 points yesterday. however, that was a reversal of fortunes from monday s loss of 634 points. christine romans in new york for us. alison kosik at the new york stock exchange for us. christine, 29 minutes away. what is going to happen? reporter: futures are lower and alison can tell
the sickening scene of violence and looting. and one party is paying a bigger price over the showdown over the regular debt. stand by on whether members deserve to even be re-elected. i m wolf blitzer, you re in the situation room. wall street following big gains after some of its biggest losses of the year. the s&p and nasdaq also rebounded. the dow on a roller coaster all day after the federal reserve s afternoon announcement about interest rates and future economic conditions. lit s bring in poppy harlow. it was wild. swings of 600 points. some of them hundreds of points within a minute. the dow industrials in the last hour of trading, ridesing more than 300 points. this is a very good sign. it is the exact opposite of the selloff we saw on monday. it s encouraging that we re seeing investors coming in at the end of the trading day, buying up stocks in droves, saying i m willing to hold these stocks overnight. that is a very good sign. and just to give you some indic