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4:00 in new york with the skies above us are hazy from those canadian wildfires. we are all under air quality warnings. we re going to get to that story later in the broadcast. but we begin with what is shaping up to be a white knuckle day for the disgraced twice impeached now indicted legally liable for sex abuse ex-president thank foss fast-moving developments in special counsel jack smith s investigations, plural, into donald trump. today, a federal jury in miami is back in action hearing witness testimony as part of the special counsel s investigation into whether the ex-president mishandled classified documents. or obstructed government efforts to retrieve those documents after leaving office. and it was not just any witness, it was one of trump s closest aides. a former trump spokesman who have as super pac. saying that prosecutors weres partially interested in taylor budowich, after sending boxes of material from his private home to the national archives, trump l ....
400-plus-point gain was a blip or perhaps a building block. well, sadly, we got a decisive answer today, the dow industrial average plunged 520 points, 4.6% amid jitters about europe s debt crisis and growing resignation that the long-term prospects for growth here in the united states are bleak. alison kosik watched the massive selloff up close. john, we had yet another brutal session here on wall street today. you know, there s a lot of uncertainty about the economic outlook here in the u.s. and in europe as well. you know, there s worries about france being downgraded like the u.s. debt was downgraded. they really accelerated the losses in the final minutes of the trading day, and then, of course, there s a fear factor that s around here, you know, investors feel like they re flying blind. no one has any idea of what s coming next or where the economy is headed, and it s that certainty that s feeding this downward spiral, but i also want you to keep in mind, what ....
average plunged 520 points, 4.6% amid jitters about europe s debt crisis and growing resignation that the long-term prospects for growth here in the united states are bleak. alison kosik watched the massive selloff up close. john, we had yet another brutal session here on wall street today. you know, there s a lot of uncertainty about the economic outlook here in the u.s. and in europe as well. you know, there s worries about france being downgraded like the u.s. debt was downgraded. they really accelerated the losses in the final minutes of the trading day, and then, of course, there s a fear factor that s around here, you know, investors feel like they re flying blind. no one has any idea of what s coming next or where the economy is headed, and it s that certainty that s feeding this downward spiral, but i also want you to keep in mind, what s also fueling this volatility are the computer models that many institutional investers use to trach stocks, as the market ....