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KPIX CBS Morning News June 21, 2013



this is the cbs morning news for friday, june 21st, 2013. good morning. good to be with you. i m anne-marie green. well, it s first day of summer, but investors are feeling a chill go down their spines. wall street taking its first big lurps of 2013 this week. on thursday the dow jones industrial average fell 353 points. that wiped out six weeks worth of gains and was the biggest loss since november 2011. the nasdaq and standard & poor s also lost 2% each, and the slide could continue today. cbs s moneywatch s ashley morrison is here in new york with more. good morning, ashley. good morning, ashley. well, asian stocks were mostly down with the exception of tokyo s nikkei which added more than 1.5%. the slump really began on wednesday after federal reserve federal chairman ben bernanke said the central bank would start winding down its economic stimulus program later this year. just how far stocks will slide remains to be seen, but while all this volatility has spo ....

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