Somebody said treasonous. Why not . The president compares democrats with people trying to overthrow the government because they would not stand to applaud during the state of the union. Good morning. Welcome to early start. Im Christine Romans. Nice to have you back. During the talk, the president said he is not braggadocios. Words were not used accurately. Im dave briggs. It is tuesday, february 6th. 4 00 a. M. In the east. We start with market concerns. Investor concerns not quieting yet after the epic selloff on wall street. Dow with the single biggestpoint loss ever. The futures are wall street are rebounding after falling sharply overnight. We have Christine Romans fortunate with us with a look at what is behind the drop and how long it could last, my friend. The selloff is not over. Global markets now. Wall street plunge is rippling. Tokyo and hong kong and shanghai are down. Red arrows on the top of the screen. Europe opened an hour ago. Following suit with two losses. Dow futu
Point lost ever. Futures on wall street rebounding after falling sharply overnight. We always have our chief financial correspondent here. Christine, how long could this last . It is continuing oversea ov. Lets see what is happening over jaes. It is relationship nliis it the globe. Dow futures turned lower again. They popped. They fell 700 points. It shows you how volatile it is. On monday, the dow lost 1,800 points. Monday was brutal. It shed 1,175 points. 4. 6 . That is a rebound from down here when it was 1,600 decline in history. This wipes on the the d s out t for the year. The jobs report on friday was a trigger. Strong wage growth. Wage inflation is good for workers, but bad for corporate profits. The fed reserve may have to raise rates faster than planned. The bond market has been telling for some time that things are changing. Bond yields move opposite to price. As neil p. Dougheryields go up. If you see a drop again today, there is no chance of a krooicrr panic. This is a cor