This comes after a rally this comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. Index slipped by 1. 5%. One of the biggest losers on the day was nvidia, the high flying artificial intelligence darling, and wall street will also have to contend with seasonal headwinds, as september has historically been a challenging month for stocks. In other news china has announced a probe of canadian a former edge of the governor of new york has pleaded not guilty to acting as a chinese trade and technology partn| to 1ips will be trade and technology partn| to acting ll be trade and technology partn| to acting as e trade and technology partn| to acting as a chinese guilty to acting as a chinese agent. 0scars allege they agent. 0scars allege they followed orders from beijing to followed orders from beijing to advance china s interest. In advance china s interest. In exchan
Seems to be reducing. But there are also concerns about the wider us economy that led to a wider sell off on us markets, as ritika gupta explains. The snp 500 saw its biggest slide since an early august meltdown, ending the session down 2%. This comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. The nasdaq index closed down by 3%, while the dowjones index slipped by 1. 5%. One of the biggest losers on the day was nvidia, the high flying artificial intelligence darling, which raised more than $240 billion in market value. The chip maker shares closed down over 9%. 0ther semiconductor stocks, including micron, intel and advanced micro devices, fell in sympathy. The market also took a leg lower after manufacturing production data shrank for a fifth month in august. The institute for supply management manufacturing gauge edged up to 47. 2. A reading below 50 indi
August meltdown, ending the session down 2 . This comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. The Nasdaq Index closed down by 3 , while the Dowjones Index slipped by 1. 5 . One of the biggest losers on the day was nvidia, The High Flying Artificial Intelligence darling, which raised more than 240 Billion in market value. The Chip Maker shares closed down over 9 . 0ther Semiconductor stocks, including micron, intel and advanced micro devices, fell in sympathy. The market also took a leg lower after manufacturing Production Data shrank for a fifth month in august. The institute for Supply Management Manufacturing gauge edged up to 47. 2. A reading below 50 indicates contraction. The data reignited concerns around slowing growth within the us economy, which helped drive a Sell Off early last month. The action comes ahead of us governments augustjobs report,
First, at this hour, Vice President Kamala Harris finally visiting the southern border. 93 days after she became the point person on the crisis. Her trip comes during a record surge in illegal crossings in the United States. Hello. Im john roberts in washington, this is america reports. Good to be back with you again today. Seems like we have a busy news day every day. Today is. Im Gillian Turner in for sandra smith. Vice president harris is on the ground in el paso. Thats where youll recall that we saw one of the most heart breaking videos from this Currents Iteration of the border crisis. You can see Border Patrol footage from april. Shows smugglers scaling a 14 foot fence and dropping two girls on the other side. The smugglers completely abandon the girls leaving them defenseless, alone in the desert outside el paso. John critics point out the epicenter of the border crisis is hundreds of miles away in rio grande. The white house says el paso was a perfect case study. The Vice Presi
No word how many could be trapped and what caused the collapse. Here is what the mayor said a short time ago. They were doing roof work on the building at the time. Certainly that doesnt seem like it would be the issue that would have caused it. Some of the residents at the Community Center have complained to me the new building that went up to the south used to shake the building when they were putting the pilings in. We need to look hard at what happened there and find out because buildings just dont fall down like this. We had the dogs out there probably a few hours ago over the collapsed area and were just not getting any hits which is really heartbreaking. Bill its a sound bite that captures the moment for what were trying to understand really beneath the rubble. Dana one thing we do know the building was going under a renovation of some sorts. That might have perhaps contributed to this terrible situation. Bill the authorities have been we see the sirens all night long. At the mo