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and his supporters. we start with the troubled global banking sector. european markets have closed down more than three percent, spooked by a major sell off of shares in the swiss banking giant, credit suisse. coming days after the collapse of us based silicon valley bank, it s prompted fears of a full blown crisis in the sector. let s take a look at the damage at the close in europe today. shares in credit suisse plunged to a record low, falling 24%. that came after its biggest investor said it could not give the bank any more financial help. here in the uk, the insurer prudential tumbled 10%, and the high street bank barclays, 8%. the plunge by banking stocks left london s ftse 100 down almost 4% at its lowest level this year. it was the index s worst one day performance since the start of the covid 19 pandemic. taking a closer look at credit suisse today was the second day of sharp falls for its shares after the swiss bank yesterday disclosed that its auditor had i ....
when you start counting pennies on your bank account or in your pocket. we do the same and count our casualties. mourners have paid their respects to the last soviet leader, mikhail gorbachev, who was buried in moscow, this afternoon. nasa s second attempt to launch the artemis moon rocket has failed. launch control announced a second scrub on the mission after a liquid hydrogen leak which has started during the fuelling process couldn t be stopped. a brief hydrogen leak was spotted on the original launch date last monday but it was thought the sensors may have been wrong. that first launch attempt was halted after problems with pressure levels in one of the rockets four engines. our science correspondent, jonathan amos is there. thank you. a disappointing day to day. the second postponement in a number of days. this time for a slightly different reason. we had a hydrogen leak on this vehicle, there is huge rocket that you see behind me here. they have to fill it with 2 ....
what a great symbol of a fight for freedom. perhaps not the fight for freedom in 1776 but in 1836. that was the 78 army band performing america the beautiful from the alamo, where texas fought for their independence several decades after the united states of america established our independence. happy fourth of july, welcome to fox & friends. lawrence jones, rachel campos duffy right here in fox square in new york city. good morning to both of you. these two are fist pumping about this coming from the alamo. i saw it was in san antonio, texas, but i didn t get it was the alamo. i would ve changed my pin on will do it later on. rachel: first of all look at our beautiful background here. thank just a great way to bring in the fourth of july for all of you. we had a great weekend at west point. and here we are and where joined by you, lawrence. lawrence: thank you for having me. it is beautiful because there is often so many things we can criticize with g ....
who just got fed upwith the world, got fedup with being told go to college,get a job, make a living. frankly,that s just not realistic for our generation. you know,it is really frustrating. the boomers,they think we re lazy. you know the whole term, pull up your bootstrapsand work hard and you get the same lifethat they had? no. the world is very,very different these days. hell, the next pandemicin 2025 might wipe us all out anyways. i ain t got timeto wait for retirement. you got to will itinto existence. life s just not fair.the world is a harsh place and the stock market was justthe purest form of yolo. [music playing] reporter: stocks up againthis morning, 12%. short sellerscontinue to get hurt by the thread wallstreetbets and other retail [interposing voices] reporter: all this whiningby wall street, it s making me sick. reporter: this is populismcoming for capitalism. gamestop. matt kelly: on surface,i can be pretty scattered. in the water, though,it s calming fo ....