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Transcripts For CNNW American Morning 20110811

good morning to you. it is thursday, august 11 now. this is american morning. lot going on today. let s get right to it, folks. good morning, good morning. so much for comeback. haven t seen these kind of wild swings on wall street since the darkest days of the financial meltdown. the dow diving 520 points yesterday. this time fueled by fears or at least triggered by fears. that france is on a verge of a credit downgrade. every day it seems to be something new trying terg sell-off or the buying. that s because this is a global economy. your investments feel it here. wild swings. take a look at the week. monday the dow dropped 635 points. tuesday, it rebounded. picking up 430 points. yesterday the dow took it all back and then some with a drop of 520 points. drop of the s&p 500 has a percentage was greater. well, far from over, too. because this morning u.s. futures are weighing up and that had asian losses at a minimum. nikkei and shanghai closed down. markets in german

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