Lets begin with the not so happy news of the Global Markets. Tokyo, shanghai down sharply and european shares have opened sharply lower. 3 and 4 decline. Those are big, single name moves and the problem is big single day moves one after the other. And extending to u. S. Futures again. It was a reckoning on wall street. All three major averages fell into what we call a krekds, dropping more than 10 from their high. Its the worst oneday point drop in history. That equals 4. 4 . Important context here. A 4. 4 decline is not in the top 20 of worst declines percentage wise because of how strong the market rally has been over the past ten years. A Strong Economy is essential to the president s reelection argument. Wednesdays News Conference did not declare confidence and the dow is still up 40 since the election, up 40 but the trump rally, 36 of the rally has evaporated in a week. Trump uses the stock market as his personal score card. He claimed it was the highest stock market in history bu
Shift on entitlement. How will it play in key states 8 months until the election . Welcome it to our viewers in the United States and around the world. This is early start. Im phil mattingly. In today for laura jarrett. Nice to see you this friday. Im christine romans. Happy friday, everybody. It is 4 00 a. M. Exactly in the east. And a sobering reality as coronavirus cases grow rapidly in the u. S. And around the world a top Infectious Disease doctor says theres still not a full understanding of the mortality rate. The World Health Organization has reported it may kill as many 34 out of 1,000 infected people. Dr. Anthony fauci said that tha. Fauci said the world will need millions and millions of tests for coronavirus and he acknowledged testing got off to a slow start. On the subject of testing earlier in the week pence said this. Any american that wants to be tested for the coronavirus on their doctors indication can be tested. But yesterday pence acknowledged what is now obvious. W
Citizenship question from the census the president is expected today to announce he is taking executive action to add it on. Now keep in mind the census is already as we speak being printed, still the president says he will hold a press conference in the rose garden today. And this move comes just days after federal judges rejected the justice departments own request to change the lawyers on the census case and is set to draw another round of legal challenges. Critics say this question about citizenship could result will result in minorities being undercounted. Lets get to Jessica Snider with more. I fiend it so fascinating theyve been trying to switch legal teams on this one, swirp arguments after the Supreme Court didnt rule in their favor. Now the president sees this question as so important to being on the census he is going to it appears announce the use of executive action on this. Reporter yeah, theyve been trying every legal avenue here, poppy. In the courts and now were expect
Lashing out in his first 2020 rally in the must win state of pennsylvania. If im going to be able to beat donald trump in 2020 its going to happen here. Donald trump is the only president whos decided not to represent the one n only country. Were reminded again were in a battle. We are in a battle for americas soul. Have to choose hope over fear, unity over division. Most most importantly truth over lies. Bidens decision to take the fight straight to trump is clearly getting under trumps skin. The president firing off four tweets today directed at biden. And biden obviously has been on trumps mind. Look at what weve heard from trump. I dont know what the hell happened to biden. I dont know. It just doesnt look like the same biden. I said is that really joe biden . He doesnt look the same to me. I know joe over the years. Hes not the brightest light bulb in the group. So, you know, as they say, it is a fight, though, that aides would prefer President Trump sit out. Sources tell cnn toni
Calling a chilling terrorism plot. A u. S. Army veteran in court tonight, accused of planning a large scale attack near los angeles this past weekend. A top Prosecutor Says the suspect was consumed with hate and bent on mass murder as he sought revenge foray tax against muslims. Also breaking. Joe biden has his first rally since announcing his bid for the white house as President Trump is focusing in on his 2020 attacks on the former Vice President. Cnn learned mr. Trumps advisers warned him not, repeat, not to elevate biden or other top democratic candidates, but the president clearly isnt following that advice. I will talk about breaking news wi john garamendi. And our correspondents and analysts are standing by. First, lets go to cnn Law Enforcement analyst, former fbi supervisory agent josh campbell, joining us from los angeles right now. Josh, first of all, what are you learning about this alleged terror plot . Hey, wolf. Chilling details we are learning from officials regarding t