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Im George Stephanopoulos in for david tonight and we begin with that wild ride on wall street. The worst day in more than four years after the second worst on friday. Millions of americans watched a bungee jump of a day. At the opening bell the dow plunged more than a thousand points. Rebounding by midday then a Late Afternoon nosedive closing down over 580 points. Its a Chain Reaction that started in china dacalling it black monday there. Abcs chief Business CorrespondentRebecca Jarvis starts us off. Reporter it started with a plunge. The dow cratering an unprecedented 1,000 points just minutes after the opening bell. It give you little butterflies in your stomach. Reporter even veteran traders ....
Giving them a heart tha stts what it may some. By the way, lester, ird consecutive drop of 300 or more points. The number of times its done that in history, zero. Lester . Carl quintanilla, lets bring in your colleague jim cramer, the host of cnbcs mad money. At this through our own set of lenses, through our stage in life, how close we are to retirement. What should we do before we start moving decisions . Well, first, if youre 100 invested, mistake here. I do believe theres more down side. If you are borrowing money to own stocks i think youre really on the wrong path and youve got to sell tomorrow no matter what. But otherwise, lester, if youve got cash on the sidelines, depending upon your age, youve got some options. We should go over them. I think there are some great opportunities here. Youre suggesting theres more down side, though, in the near future. Play this out. Just play the week out for me. What do you expect . I think this is a contagion, in other words, were importing ....
Vacationing on marthas vineyard. He travels later today to nevada where he will deliver a speech on green energy. Those are some of our top stories on this monday, august 24. From abc news, this is world news now. Good morning to you. We begin this half hour with weather. Still extremely dangerous wildfire situation in Washington State. Across that state, 16 large wildfires are still burning. They cover more than 2920 square miles, more than a third of that area has been consumed by a massive complex of fires. Abcs Kendis Gibson is there. Reporter tonight, the wildfires in washington growing to a staggering 374 square miles. Authorities fearing the return of extremely dry conditions and no rain in sight could make fighting these fires more difficult. The atmosphere instability has the potential to affect all fires in the comrix. Reporter thousands of residents under evacuati ....
Good evening. Im George Stephanopoulos in for david tonight and we begin with that wild ride on wall street. The worst day in more than four years after the second worst on friday. Millions of americans watched a bungee jump of a day. At the opening bell the dow plunged more than a thousand points. Rebounding by midday then a Late Afternoon nosedive closing down over 580 points. Its a Chain Reaction that started in china dacalling it black monday there. Abcs chief Business CorrespondentRebecca Jarvis starts us off. Reporter it started with a plunge. The dow cratering an unprecedented 1,000 points just minutes after the opening bell. It give you little butterflies in your stomach. Reporter even v ....