equities did end off their lows. let s get right to the closing numbers on this, the first trading day of the new year. the dow industrials dropped 276 points to 17,147. it had been off as much as 467 points earlier in the day. the nasdaq declined 104 points. that s 2%. and the s&p 500 lost 31. the trigger, china and more evidence of slowing growth in the world s second largest economy. a new report out of that country showed the manufacturing sector contracted at the end of 2015. the shanghai stock market plunged almost 7% and then circuit breakers kicked in and trading was halted. from asia the selling spread around the world to europe first and then here to wall street. but china wasn t the only cause for the drop today. bob pisani has more on today s rout from the new york stock exchange. reporter: ugg. what a lousy open for the year. most of the market was down 2% the whole day except for a very brief rally at the close. there were several reasons that stocks traded do
equities did end off their lows. let s get right to the closing numbers on this, the first trading day of the new year. the dow industrials dropped 276 points to 17,147. it had been off as much as 467 points earlier in the day. the nasdaq declined 104 points. that s 2%. and the s&p 500 lost 31. the trigger, china and more evidence of slowing growth in the world s second largest economy. a new report out of that country showed the manufacturing sector contracted at the end of 2015. the shanghai stock market plunged almost 7% and then circuit breakers kicked in and trading was halted. from asia the selling spread around the world to europe first and then here to wall street. but china wasn t the only cause for the drop today. bob pisani has more on today s rout from the new york stock exchange. reporter: ugg. what a lousy open for the year. most of the market was down 2% the whole day except for a very brief rally at the close. there were several reasons that stocks traded do
equities did end off their lows. let s get right to the closing numbers on this, the first trading day of the new year. the dow industrials dropped 276 points to 17,147. it had been off as much as 467 points earlier in the day. the nasdaq declined 104 points. that s 2%. and the s&p 500 lost 31. the trigger, china and more evidence of slowing growth in the world s second largest economy. a new report out of that country showed the manufacturing sector contracted at the end of 2015. the shanghai stock market plunged almost 7% and then circuit breakers kicked in and trading was halted. from asia the selling spread around the world to europe first and then here to wall street. but china wasn t the only cause for the drop today. bob pisani has more on today s rout from the new york stock exchange. reporter: ugg. what a lousy open for the year. most of the market was down 2% the whole day except for a very brief rally at the close. there were several reasons that stocks traded do
just why was that malaysia air flight flying over such a dangerous area and what has been the policy of all airlines that fly internationally with so many hotspots across the globe? we have phil lebeau standing by. he s been looking into that. and for anyone who travels, you may be surprised about where airlines have been willing to go, at least until yesterday s tragedy. then back in corporate america, two developing stories. time warner trading above rupert murdo murdoch s $85 offer, which was rejected. so, what does that say about what wall street thinks is going to happen next? somebody thinks we re going to get a deal. yep, for sure. but at a higher price. also, fedex higher today, despite being indicted by the u.s. government, accused of being a drug mule for illegal pharmacies, saying fedex is knowingly shipping drugs to dealers and addicts. we ll look at the government s case. all right, let s get you caught up on the markets. we ve essentially, as michell
britain has raised its terror level alert, saying an attack is now likely. we will hear what prime minister david cameron said and have expert reaction. and is the market in for a rough september? some now wondering if investors will come back from vacation on tuesday and wake up to the global turmoil that s engulfing the world, from the russia/ukraine mess to the growing islamic state threat. the stock market has largely ignored it all and continued to make new highs. can and will that continue next month, again, when everyone is back from the beach? and call this, kelly, game of drones. google in the drone business in a big way. is the objective just delivering stuff or is there something bigger at work here? we will explore that all. in the markets right now, the dow is off 11 points, the nasdaq s higher by about 15, the s&p 500 is higher by about 3 points. a mixed session, and one, brian, where the s&p has been hugging that 2,000 level, frankly, for most of the afte