CLOSINGS: View Closings

Dow plunges 1,000 points, sinks into correction

The Dow sunk more than 1,000 on Thursday for the second time in a week. CNNMoney's Richard Quest explains why market turmoil is far from over.

Posted: Feb 9, 2018 2:22 PM
Updated: Feb 9, 2018 2:22 PM

It's not too late to put together that romantic Valentine's Day trip. Here are 12 lavish options. And here's what else you need to know to to Get Up to Speed and Out the Door. (You can also get "5 Things You Need to Know Today" delivered to your inbox daily. Sign up here.)

1. Government shutdown

While you were sleeping, the federal government shut down again -- but it's on its way back. Let us explain. Everyone thought the $300 billion budget deal announced this week had solved the looming shutdown problem. But then Sen. Rand Paul stood up and complained about all that massive spending. And he talked for so long that he prevented the deal from passing by Thursday's midnight deadline, triggering the shutdown (the second one in less than a month). But then, the Senate quickly OK'd the plan, and the House approved it at about 5:30 ET this morning. So, this quickie little shutdown will be over as soon as President Trump signs the bill.

2. White House

The White House is in full-blown damage-control mode as it deals with the scandal surrounding ex-staffer Rob Porter. Chief of staff John Kelly sent out a memo last night to White House staffers, saying that "we all take matters of domestic violence seriously." But a lot of people are questioning if that's really true because Kelly reportedly knew for months about the domestic violence allegations made against Porter by his two ex-wives, yet kept him around anyway. Is Kelly's job on the line? Not likely, sources tell CNN, because the White House doesn't exactly have a list of replacements handy right now.

3. South Korea

The good Olympic vibes on the Korean Peninsula may yield a new breakthrough in relations between the North and South. There's reportedly a "good chance" Kim Yo Jong, the sister of North Korean leader Kim Jong Un, will invite South Korean President Moon Jae-in to visit the North. The invitation could come at a welcome luncheon on Saturday. And Moon could make the trip to the North "sometime this year." If it happens, it would be the first time a South Korean President stepped foot in North Korea in a decade.

4. Syria

What a terribly violent week it's been in Syria. It's estimated more than 200 civilians have been killed since Monday because of Syrian airstrikes (backed by Russia) on Eastern Ghouta, a rebel-held area near Damascus. The airstrikes ramped up after a Russian plane was shot down over the weekend near Idlib. Activists say conditions in Eastern Ghouta, which has been surrounded by Syrian forces for more than four years, are rapidly deteriorating for the hundreds of thousands of people trapped there, who struggle with food and medicine shortages.

5. Immigration

The Trump administration is looking at new rules that would make it harder for immigrants to get into the US or get green cards if they use certain public benefits, like Medicaid or Head Start. The plan, contained in a draft obtained by CNN, could lead to substantially higher numbers of immigrants being blocked from staying in America. A Homeland Security spokesman wouldn't confirm the plan, saying only that the administration is concerned about saving taxpayer dollars. The proposal would still need to go through a formal comment period before it could be implemented.

WINTER OLYMPICS

OPENING CEREMONY: About 35,000 fans will fill the Olympic stadium as the torch is lit this morning on the 23rd Winter Olympics in Pyeongchang, South Korea. The moment everyone's waiting for will be the entrance of the North and South Korean teams, marching under the Korean Unification Flag.

SPORTING ACTION: No gold medals can be won today, but American Nathan Chen, a favorite to claim gold in the men's individual figure skating competition, takes to the ice. There's also the opening round of mixed doubles curling and the qualification rounds of the men's and women's moguls in freestyle skiing.

NUMBER OF THE DAY

1,033

That's how many points the Dow dropped yesterday, the second-worst point drop in history (see: Monday). The stock market is officially in correction territory now, off 10% from its record high just two weeks ago.

BREAKFAST BROWSE

People are talking about these. Read up. Join in.

Not quite 'Armageddon'

An asteroid will fly really close to Earth today -- about 39,000 miles away -- but we won't need Bruce Willis to nuke it, like in the movies.

Games people play

Some of the more obscure Winter Olympic sports get underway today. Be an expert in them in less than five minutes. Guaranteed!

What a deal

The San Francisco 49ers just signed Jimmy Garoppolo to the biggest deal in NFL history, and the rest of the league's QBs are on the phone with their agents.

Ginger time

We're getting new emojis this year, including a partying face and a "cold" face, but the buzz is all about the one for redheads.

WHAT'S FOR LUNCH

The podcast we're listening to next ...

"Patty Has a Gun: The Life and Crimes of Patricia Hearst." It's one of America's most bizarre crimes, and CNN's Brian Stelter and Jeffrey Toobin are revisiting the case's epic details. For more on the saga, don't miss CNN's docuseries, "The Radical Story of Patty Hearst," premiering Sunday at 9 p.m. ET.

QUOTE OF THE DAY

'These men think they are untouchable, but times are changing.'

Model Kate Upton, opening up about her harassment allegations against Guess co-founder Paul Marciano

QUIZ TIME

Actor John Mahoney, who died this week at 77, was best known for his role in what show?

A. "That '70s Show"

B. "Frasier"

C. "I Love Lucy"

D. "The Twilight Zone"

Play Total Recall: The CNN news quiz to see if you're right.

AND FINALLY

The walking LEGOs

LEGOs and zombies? Sounds like a perfect way to kick off the weekend. (Click to view.)

Indiana Coronavirus Cases

Data is updated nightly.

Cases: 1560117

Reported Deaths: 20796
CountyCasesDeaths
Marion2118112563
Lake1021301523
Allen964791027
Hamilton75541551
St. Joseph66476761
Elkhart51045634
Vanderburgh50511531
Tippecanoe45721338
Johnson39600527
Hendricks37933463
Porter35132476
Madison30330547
Clark27296331
Vigo26401347
Monroe24100249
LaPorte23921313
Howard23237381
Delaware22453370
Hancock19314220
Bartholomew18980216
Kosciusko18400204
Warrick17733216
Wayne16982303
Floyd16686257
Grant15966300
Morgan15091232
Boone13924138
Dearborn12235113
Shelby12225152
Noble12170142
Henry12027202
Dubois11696152
Marshall11625171
Jackson11111104
Cass10578143
Lawrence10529221
Huntington10523140
DeKalb10482132
Gibson10114127
Montgomery9671144
Harrison9471117
Knox9415125
Whitley902571
Steuben8934105
Putnam8542100
Miami8533135
Clinton849397
Jasper8462116
Jefferson8319127
Wabash8027140
Ripley7504117
Scott685787
Adams6829103
Daviess6825130
White638184
Greene6317112
Clay628975
Decatur6261121
Jennings619781
Wells6090121
Fayette6054122
Posey580148
LaGrange549097
Randolph5364129
Washington528071
Owen5211100
Fountain493681
Spencer467456
Sullivan462066
Fulton450993
Orange449784
Starke448887
Rush433941
Jay432564
Perry409155
Carroll394749
Franklin394650
Vermillion370762
Pike334246
Parke331239
Tipton330475
Blackford282255
Pulaski281775
Brown239856
Newton239761
Benton228921
Crawford224932
Switzerland207914
Martin196722
Warren183922
Union178119
Ohio129216
Unassigned0763

Ohio Coronavirus Cases

Data is updated nightly.

Cases: 2515949

Reported Deaths: 31987
CountyCasesDeaths
Franklin2719422100
Cuyahoga2606673087
Hamilton1758091756
Montgomery1177451651
Summit1089011418
Lucas935321193
Butler83907963
Stark771001431
Lorain64214809
Warren53428489
Mahoning51224930
Lake47591611
Clermont46928452
Delaware41107220
Trumbull39746790
Licking38790416
Medina38646427
Fairfield35828349
Greene34313435
Portage32429366
Clark32361453
Richland29653444
Wood29379301
Allen25875403
Miami24243408
Muskingum23564255
Columbiana23046409
Wayne22093365
Tuscarawas19637428
Marion18616235
Erie18608224
Ashtabula18569362
Scioto18159214
Ross17594260
Pickaway16419181
Hancock16115232
Geauga15511229
Lawrence15094186
Belmont14236248
Union1419584
Huron13908184
Jefferson13656261
Sandusky13268200
Athens12877107
Knox12160201
Seneca12055204
Darke11440202
Ashland11248184
Washington11152172
Auglaize10873147
Crawford10432178
Shelby10402160
Brown10094145
Highland9746151
Fulton9726154
Guernsey9683122
Defiance9567137
Logan9470147
Clinton9428132
Mercer9099112
Madison9032111
Preble8524170
Williams8305138
Putnam8069136
Champaign8040113
Ottawa7971123
Jackson7848121
Perry7514102
Coshocton7411136
Morrow729184
Fayette715992
Pike666689
Hardin6564133
Gallia638891
Adams6227127
Van Wert6065121
Henry602596
Hocking5918105
Wyandot503594
Carroll5009101
Holmes4880167
Paulding426465
Meigs400974
Monroe316468
Harrison299162
Noble296952
Morgan292748
Vinton258646
Unassigned08
Fort Wayne
Partly Cloudy
wxIcon
Hi: 19° Lo: 14°
Feels Like: -4°
Angola
Cloudy
16° wxIcon
Hi: 19° Lo: 15°
Feels Like: 16°
Huntington
Partly Cloudy
wxIcon
Hi: 18° Lo: 8°
Feels Like: -1°
Decatur
Mostly Cloudy
10° wxIcon
Hi: 19° Lo: 14°
Feels Like: -3°
Van Wert
Cloudy
18° wxIcon
Hi: 20° Lo: 17°
Feels Like: 7°
The coldest air of the season filters into the region Tuesday night into Wednesday.
WFFT Radar
WFFT Temperatures
WFFT National

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