On wall street. The dow plunged 666 points today, or 2. 5 . That is the biggest percentage drop in a year and a half. For the week, the blue chip indexes off more than 4 . Even with the losses, the dow is still ahead 3. 25 for the year. Thats how good 2018 has been so far. So what rattled the markets today . It is a question for cbs News Business analyst jill schlesinger. Jill, a lot of folks have been waiting to see when and if this correction might happen. What happened today . We had some disappointing corporate earnings. But the reality is there is a real fear that the economy is growing faster than expected and that that could lead to higher Interest Rates. That was the real factor that seemed to spook the markets. You know, before the open, we had a strong january jobs relate 200,000 positions added, unemployment remains at a 17. Year low. Most importantly, we have an increasing wages, 2. 9 from a year ago. Thats the fastest pace since the recession, and that jump in wages, it co
The super bowl. Well go live to minneapolis for a preview of the game and show you how organizers are dealing with fans at the coldest super bowl ever. And we begin with todays eye opener. Your world in 90 seconds. I think it is terrible what is going on in this country. I think it is a disgrate. Republicans release the memo. Recriminations fly. Thats it. Thats all theyve got. This is what all the hype was about. Are there other memos. You said this is phase one. This completes just the fisa abuse portion of our investigation. It is absolutely shocking, it is stunning. We were promised to crack and out pops a minnow. An angry father lunges at larry nassar who victimized his daughters. I did not think wanting to kill him. But i did want to inflict some pain. A funky flu at the e. R. A pennsylvania woman is going on a rant about the flu. A shocking video shows close proximity between a drone and a passenger plane heading into mccarran airport. Police in michigan are blaming a massive hig
Super bowl. Well go to the game and show you how organizers are dealing with the fans at the coldest super bowl ever. But we begin this morning with todays eye opener, your world in 90 seconds. I think its terrible, you want to know the truth, whats going on with this country. I think its a disgrace. Republicans release the memo. Incriminations fly. Thats it. Thats all theyve got. This is what all the hype was about . Are there other memos . You say this was phase 1. This completes just the review. A father lurjs at larry nassar who victimized his daughters. I didnt think about killing him but i did want to inflict some pain. Some funky flu at the e. R. Wash your stinkin hands and cover your nose. Close proximity. Police in michigan are blaming a massive highway pileup on the snow. 17 semis. A freefall friday could lead to a manic monday. The dow dropped by nearly 666 points. All that nasas curiosity rover is sending back fantastic photos of mars. Snapped the robot selfie. And all that
Good evening. It was a bad end to a bad week on wall street. The dow plunged 666 points today, or 2. 5 . That is the biggest percentage drop in a year and a half. For the week, the blue chip index is off more than 4 . Even with the losses, the dow is still ahead 3. 25 for the year. Thats how good 2018 has been so far. So what rattled the markets today . It is a question for cbs News Business analyst jill schlesinger. Jill, a lot of folks have been waiting to see when and if this correction might happen. What happened today . We had some disappointing corporate earnings. But the reality is there is a gral fear that the economy is growing faster than expected and that that could lead to higher Interest Rates. That was the real factor that seemed to spook the markets. You know, before the open, we had a strong january jobs report 200,000 positions ng wd, unemployment remains at a 17year low. Most importantly, we have an increasing wages, 2. 9 from a year ago. Thats the fastest pace since
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