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For some economists, but stocks over there are in the green. Our roadmap begins with the coldest arctic blast in at least 20 years affecting more than half the nations population. Wreaking havoc on commutes, travel and businesses. And the s p meanwhile looking to avoid doing something it hasnt done in a very long time, that is, a fourth consecutive time since the start of the year. Morgan stanley downgrading netflix from underweight to equal weight. And scott cohen reports Jpmorgan Chase officials will avoid madoff related penalties and jury selection begins for the inside trading case for s. E. C. Capital Portfolio ManagerMatthew Martoma. A deep freeze is gripping much of the u. S. Forcing businesses and schools to close canceling thousands of flights. Its one of the coldest arctic outbreaks since the 90s and its t ....
What is happening right now, take a look at this. The dow has now crossed 800 points to the downside and a loss greater than 3 . Markets are now down more than 6 since last week. But this is much bigger than last weeks losses. Well follow this very closely. The s p 500 has also plummeted. More than 60 points. That is going to look more like your 401 k . But it is now down more than 5 from its high on january 22nd. Obviously if markets continue to fall 10 from those highs, that would be called a correction. We are more than half way to that correction at the moment. But were not there and what you can see here is markets fluctuating. We get to 800 and pull back. Right to cnbc sue herrera following this. And sue, at some point this accelerated and people said the markets have been up for a long time and they are up and we havent seen the normal pullbacks and there is a discussion on whether this is a normal pullback or something more. And i think that is what our viewers are looking to u ....