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Transcripts For KTVU Mornings On 2 20110725



well, good morning to you. i m dave clark. i m maureen naylor. tori campbell has the day off. it s monday, july 25th. investors are worried about the lack of progress on raising the u.s. debt ceiling. pam cook has more on this after both sides said they hoped to have this resolved before the markets open. we know that didn t happen. no. and when the markets do open, it will be a big indication of what happened. the dow jones is down to 86 points, to 12,595. that s come down from the earlier drop of 100 points right at the sound of the opening bell. overnight all of the major asian markets closed down. again, they will reopen again. they are definitely looking towards washington, d.c. to see what happened. the biggest loser, the shanghai composite. australia lost 1.5%. japan finished up. the german market has wandered back into positive territory, a few times within the last few hours. the french and british markets remain down from the closing. now, related in all ....

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