the nasdaq dropping 5% before going back up while the dow closed up after falling more than a thousand points. let s find out what in the world is going on with andrew ross sorkin, co-anchorcnbc. and axios chief correspondent neil irwin. yes, there are geopolitical concerns with the tensions with russia, but also people are worried about rates rising. are they forgetting that rates rising, all of this is a sign that we have a strong economy, that the federal reserve no longer needs to breast-feed the stock market indefinitely? so, let me take two parts of that. first, i think the geopolitical issue is a real one and a real risk, but that s not what s been moving the market. what is moving the market is what the federal reserve may or may not do, and effectively whether they re going to hike rates and how fast they re going to hike rates and what that does to demand. are they effectively dampening
with a bit more thought we can all do our part to keep plastic out of the ocean. hey, there. i m stephanie ruhle live at msnbc headquarters right here in new york city. it s tuesday, january 25th. we have a lot of news to get to, so buckle up and let s get smarter. this morning we are keeping a close eye on wall street after the dow saw a nearly 1,200-point swing yesterday from tensions overseas to possible interest rate hikes. we ll break down what is behind the massive volatility and the wild ride we re seeing on wall street. plus, breaking coronavirus