sandra: breaking news this morning. new manufacturing data showing a slowing chinese economy smacking down the markets. i am sandra smith. lauren: and six. right here in the u.s. stock futures sinking in a big way. dow jones industrial futures down almost 400 points. the s&p given up 48 from the nasdaq down 112. you are looking at declines. sandra: a lot of traders stock this morning. the trend is still to the downside here with markets in

asia. starting off the morning a lot of weakness at the shanghai index closing down 1.2% in the japan the nikkei average moving nearly 4%. lauren: on top of a big side yesterday. stocks under pressure. the ftse open yesterday sinking 2.6%. the cac in paris is down 2.8% in attacks in germany 3% this morning. sandra: oil expected after surging yesterday, crude oil dropping 3% overnight. mounting to nearly 4% as we speak. you're looking at a price of 47 a barrel. lauren: pulled up about nine bucks. sandra: in the currency market, a nearly 1% move monday year against the u.s. dollar. to the upside right now come the rest of global currency mostly

lower against the greenback. lauren: the 10 year treasury 2.16% at the moment. sandra: welcome to "fbn:am," your first look at what is new in today's markets, the latest breaking news and what to expect for the day ahead. lauren: weak manufacturing data helped a major selloff this morning that started in asia. for the details they go business reporter tracey che. tracey is a reporter for chinese state television. good morning to you. tough day. reporter: good morning. asian markets are seeing a sea of red. the market shot up nearly 5% of the country releasing a pretty weak manufacturing data. markets recovering after government released a few support measures. in hong kong from america's move to the downside as well. the hang seng down 2.2% after that is retail from the city showed a fit decline this month.

japanese stocks fell sharply as well pick the nikkei down almost 4%. that is after a string of weak economic data from home as well as abroad. the exporter suffers huge losses and south korea at the cost be seen from redstone about 1.4%. back to you guys. lauren: tracey comic thank you so much. sandra: joining us on this breaking this morning with the global summit happening. now joining us for investors today is joe brando, head of trading at atx m. london. an unbelievable cell if we witnessing this morning. while primarily are you focusing on? >> i think it's all about china just coming in below 50 reinforces china is in contraction and that made it very realistic. a lot of them coming back so i

think we will see continued volatility. more orderly selloff in the last couple weeks. lauren: at joe, lauren simonetti here. u.k. manufacturing the same expectations. uris are missing expect issues. what do you make of all this? >> the eurozone has well documented albums for the forthcoming year. the u.k. misses quite a bit one. it was recovered quite well. i think that is now on hold and globally interest rate rises will be on hold for the rest of the year as the economic slowdown gathers pace and really worries the recovery here. sandra: thank you to joe rundle for joining us as we look at global markets continuing to sell it this morning with the ftse in london 54. lauren: sandra, we have to talk

about the wild rides. after rallied more than 4% in the month of august, if you look at the past three days, senior market analyst of price futures and business contributor that the three-day rally in oil prices is the biggest it is seen in a quarter-century. so, what is going on? >> i will tell you. we were stated in the bull market began the volatilities have been absolutely incredible. we gave back on the feeling that prices for overtime. the fact that we really haven't seen anything in this action in oil yet. even talk that opec is talking about cutting production. they say they will work with the non-opec producers, that is in the face of some of the bearish arguments that opec would continue to pump oil to matter what. the other thing is we all in the

department of energy information that the u.s. production is falling a lot more than people anticipated and don't think they're under estimating so it's kind of a supply issue of culture at these prices today. sandra: so, i know you traders are trend followers. moran pointed out you had several days of gains in the oil market behavior talking about this global oil would indicate more selling in the oil market. where are we going? what are the institutional pls hedeht in? is ie esdi we've seen in a couple months. the smart money tape to on this move. from a purely technical point, about the most exploit

definition after the last three-day rally that puts you back into a whole market that you pass more than a 20% rise from the low. it depends on how we close the day. my sense is if the china situation columns down once again which would seem to calm down before, if u.s. global markets rebound, we won't you talking about a flood in a few months, we may talk about a market. if opec cuts production and works with iran we can tighten the market fr.k. i want to talk about commodities c. minor skid hit really hard this morning. obviously the weak numbers for factory activity out of china. what you make of the commodity selloff? >> now there is fear that we are starting to see the impact of

the great showdown with the yours sound and the greek default. we see it as taking a toll manufacturing. the big thing is can this be contained? is it going to spread to other markets and if it does come at the demand won't look as strong. lauren: thank you so much. for viewers out there, enjoy the savings at the gas pump while they last. probably another 2 cents overnight. sandra: investors will get a fresh report on manufacturing sector today. the pace of growth as measured by the manufacturing index expected to slow a little bit in august the prior month to 52.6. any reading above 50 indicates expansion. the major u.s. automakers will roll up their cars of today according to kelley blue book. analysts expect sales to fall 4% to a total of 1.52 million new cars and trucks.

they bring the angels last week to 7.2 million cars. sales decline compared to last year because auto sales from labor day weekend were included in last august result. we will also hear what fox said president eric rosengren has to say about the economy. his comments come ahead of the jobs reports on friday, which could determine whether the federal reserve interest rates just over two weeks from now. market not exactly pricing that one. lauren: you know come you through the jobs report yet there's so much going on africa updated jobs report. as of right now, asian markets finishing the first trading day of the month. september not a good month for stocks finishing to the downside. weak manufacturing data sparking a selloff raising fresh concerns over the health of the economy. shanghai down 5%, closing session down one quarter%. the nikkei, kospi done

substantially this morning. lauren: we are certainly not taking this one off on a positive note. the ftse down 2.8% is the dax and germany off 3% in midday trading right now. lauren: let's show you how you do right here in the u.s. the dow jones down 360 points. s&p selling off by 43. 97 points this morning. a tough sell us on day one. nicole: and historical market to see the subtlest day after day. the commodity market oil moving 3.2% from a huge selloff bouncing back with gold prices

at 10 backs at 1141 announced. lauren: that show how the dollar is trading against key currencies around the world. it is down versus the euro and the yen. let me show you the health of the treasury. if that two points, should be up one right now. sandra: looking at the health, we will turn to politics now. the state department releasing 7000 additional pages of hillary clinton's e-mails. they were highly anticipated about 150 e-mails contain information that is now deemed classified. some include sensitive materials about china, he'd be in sudan. during a speech in reno, nevada, presidential candidate marco rubio talking about the latest development. >> with tax policies for the world in the 1990s. that was a hillary clinton tax plan. in fairness, she took her time to introduce her plan because it was in her server and they were unable to find it.

[laughter] but they also found along with yet another 100 classified e-mails today -- sandra: for the record, officials say they were not identified as classified when clinton sent or received them. train for a new poll shows ben carson surging into a tie with donald trump in iowa. carson and trump each gaining 23% in the poll released yesterday afternoon. behind them, carly said seven at% from the type present 9% and scott walker 7%. >> politician style, soft-spoken, funny, humorous, appealing to, appealing the scoring with voters in iowa. lauren: look at the number one, two, three spots you don't have a single politician in there. and the rest of the next president should be someone outside a government, 6066% said

absolutely. sandra: another deadly explosion in china. at least one person killed in a chemical blast in a factory late last night. a massive fireball you see blast in an industrial zone in the city of yang. no word on the cause, but local media reporting six factory executives have been detained. less than a month after the massive chemical explosion in the nearby city of tian jenn that killed 158 people, raising concerns about industrial safety in china. lauren: global stock markets hit by a new data report showing china's slowing the economy. it is indeed selling more than we thought. dow futures down more than 300 points in that they are down 351 points. looks like another wild ride after story 8% yesterday, crude

oil prices backing down a little bit in overnight trading down about 3%. the latest coming out. you're watching "fbn:am," your first look at morning markets in breaking news this tuesday morning. ♪

sandra: breaking news this morning. manufacturing data showing a slowdown there continues. smacking down global markets. i am sandra smith. trained hard i am transfixed as stocks in japan hammered on the news out of china. right here in the u.s. doing it in a good way. dow futures thinking 376 points after giving up more than 1100

points in the month of august. s&p and nasdaq each down by 2.3 m. 2.4% respectively. sandra: and japan, the nikkei average losing nearly 4% there. lauren: it's ugly in asia and in europe. stocks under pressure once again. this is what it looks like. germany bearing the brunt of the losses down almost 300 points. that is 2.9%. if you say losses of two and two thirds of a percent. sandra: a wild day for oil as we see a huge selloff after a big day yesterday. looking at oil down more than 3% at $47.63 a barrel. strand for the biggest move to the upside in a quarter-century. old prices moving up $9.1141

troy ounce right now. sandra: in the currency market, watching this closely as well. you are looking at the euro at 112, a 1% move up against the u.s. dollar. most global currencies in the vatican's greenback. transfer to show you the yield on the 10 year treasury. 2.17% at the moment. sandra: welcome to "fbn:am" come your first look at today's markets, which is a lot this morning and the latest breaking news and what to expect the day ahead. lauren: weak manufacturing data sparking a major global stock selloff this morning started in asia and for a tasty disregard a business reporter tracey chang lab in beijing. tracey is a reporter for chinese state television. reporter: good morning. make good morning. nikkei composite with a volatile trading day. the market dropped 5% earlier today after the country release some pretty weak manufacturing

numbers. the market recovered after beijing announced measures and still down about 1.2%. hong kong market move to the downside as well. hang seng down 2.2% after the retail sales numbers shows a five-month decline and in tokyo, japanese shells fell sharply. the nikkei down 4% after a string of weak economic data at home as well as abroad. exporters suffer huge losses on the yen's strength and in south korea the coffee down 1.4% on china. back to you. lauren: thank you so much. investors waiting a fresh report on manufacturing sectors today. the pace of growth measured by the isi manufacturing index to slow an obvious from the prior month to 52.6. reading above 50 indicates

expansion. automakers will roll out august car sales today according to kelley blue book. analysts expect sales to fall 4% to a total of 1.52 million new cars and tracks that would bring the annualized rate to 17.2 million cars. sales are expected to drop compared to last year because auto sales for labor day weekend were included in last august results. google also you're from boston that president eric rosengren has to say about the economy after trying to predict when the rate hike is coming. his comments ahead of the jobs report help to determine whether the fed will raise rates this meeting or next. lauren: let's been caught up in the global market since he had double impact trading. they should markets finish in the first trading day of the awful month is tender to the downside. manufacturing data bracing fresh concerns over the health of the economy and will that hit asian stocks. the hang seng down 2.2%.

sandra: a lot of pressure as you see the dax and germany leading the selloff down 2.8% right now. cac and friends down 2.5%, ftse in london, weakness across the board. lauren: u.s. stock market futures down in a big way. dow jones industrial average with a 374-point loss. s&p down 45 points. the nasdaq 102 points to the downside. sandra: we are watching oil prices. a 3.3% right now. he moved to the downside following gains the past few days looking at where the $47.59 a barrel. lauren: yellow metal, gold trading by $9, $1140 a troy ounce. sandra: most global currencies

going down including the u.k. pound. the euro right now up against the u.s. dollar with the move of about 1% and the euro against our currency. lauren: you've got your safe havens in the yield on the 10 year treasury 2.17%. sandra: in literature weather forecast with fox meteorologist maria molina. something tells me you won't tell me to bundle up with a coat today. reporter: not today. temperatures climb into the 90s over the next few days. will be filled next summer in the northeast with a lot of sunshine. looking at areas further towards the west across places like arizona doing the showers and storms in the rough weather possibly continuing through the next few days as the as isolated showers and storms. the big story has been the ongoing wildfires that looks like it should be improving. a storm system bringing in some

much-needed rain and across parts of florida the big story has spread erika, the remnants producing more heavy rain taking a look at the forecast. several inches of rain possible against northern florida and georgia. sandra. sandra: maria, thank you. samsung taking the battle straight to apple. the latest smart watch this week. is google putting this in the heart of adobe flash video. take a look at google's latest move and u.s. stock index futures looking at dow futures right now solid enough 380 points several hours before the opening bell on wall street. weakness across the board. you're watching "fbn:am" come your first look at morning markets in breaking news. ♪

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lauren: let's been caught up in global markets. asian stock markets finished the first trading day of september to the downside in a big way. weak manufacturing data bracing fresh concerns over the health of the economy and i will hit asian stocks china down one and a quarter%. sandra: in europe a lot of vagueness as well.

pressure on markets in germany. we are moving further to the downside. the dax up 3%. lauren: a few thought it couldn't get last, the broader market in pakistan more than 6% and now i follow through with another 2.3% site for the s&p this morning. ditto for the dow jones industrial average and the nasdaq down 2.5% this morning. sandra: oil and gold down. a huge move to the downside dared as oil is reflect weakness in the global economy and the weak report out of china continues to weigh on commodity prices. not exactly gold. lauren: investors put their money and the metal. it is building since we opened the show. $1142. sandra: golden u.s. dollar moving in opposite directions looking at the euro down right

now. the u.k. pound, canadian dollar, mexican peso all down and the japanese yen moving to the upside. lauren: the yields on the ten-year year treasury 2.17%. sandra: samsung will introduce a smart watch an attempt to compete with the apple watch. the gear will have a round face at the battery life of two to three days compared to apple's one day. the washoe, and a flagship version and a more understated version called the gear to classic. it can also function as a stand-alone sound which is what smart watches can't do. the watch will be unveiled at a trade show in berlin on thursday. lauren: no smart watches for me. technology will get hit with a crippling blow today when google chrome begins blocking the internet as the technology. it is probably nicer testers to dump adobe flash.

the format increases page load, speed, battery consumption and degrades user experience. users now have to click on ads in order to get them to play. sandra: a yahoo! ceo marissa mayer announcing she is pregnant with twin girls. her pregnancy has been healthy and uncomplicated and yahoo!'s tours have been very supportive. mayor saying she would take limited time away at work throughout her pregnancy, similar to how she handled the birth of her son mccallister who is not due. she signed out with yahoo! and then announce -- lauren: i was a coming from a family of twins, twins are hard work. coming up on the show, a new poll shows donald trump and ben carson neck and neck in iowa. the latest numbers. and then there is this.

a new chemical blast in china. the explosion ripping through the industrial zone in northeastern china. we'll have those details for you. fresh data showing the health of the chinese economy is falling in a big way that is the global stock markets around the world. u.s. stock futures down 389 points. you are watching "fbn:am," your first look at morning markets and breaking news. ♪

sandra: breaking news this morning. manufacturing data showing a slowing chinese economy snacking on global markets. i am sandra smith. lauren lauren: and i am transfixed. here in the u.s., stock futures

sinking down 376 points. the s&p down 46. the nasdaq down 104. buckle up, another wild ride. sandra: in asia are closing down another 1.2% and in japan the nikkei, a huge story there. the average losing 4%. lauren: unbelievable. in europe, stocks under pressure. the ftse down 2.5%. cac down 2.75%. tree into another wild ride expected from oil today after a big game yesterday. crude oil is so enough to attend this morning. the cell of about 3% of the vote 1 dollar a half, just over $47 a barrel. lauren: gold prices to the upside. $1141. train to take a look. the u.s. dollar right now is down against the euro and the u.k. pound and the japanese yen.

the canadian dollar and mexican peso are down against the u.s. dollar. the rest of the global currencies are a good 2.16%. sandra: welcome to "fbn:am," your first look at what is new in today's market, latest breaking news and what to expect for the busy day ahead. lauren: oil pulling back after rallied 4% and tremendously over the past three days. i said i wanted to check in with phil flynn as well as the fox business contributor. what do you make of those in the oil market? what is the trade today? >> buckle up is the word. don't look out the window because it's a crazy ride. considering the fact we see turmoil in the market, relatively safe after the run-up

is holding up relatively well. been above $47 a barrel as kind as a big support area for the number. we will see if we can hold that going on the rest of the day. as i look across the commodity markets, we definitely see fear come back into the market. you see that with the strength of the dollar, the quality in the bottom tier of little bit with the big rally in gold. definitely fear here. let's see if reality can overtake fear. we will have to wait and see. sandra: you are always looking at reports to see what the institutional players are in the market building positions to the long side meaning they are bullish on oil at these levels. but this volatility, what part are you kidding about any big players in the oil market, earning out or getting stuck upside down now that we saw last weekend. people have been away. a lot of people are just getting

back into the office right now. >> i agree. when oil prices were going to continue down to 25 and 20. as i mentioned, for me below $40 a barrel basically grinding to a halt. but then you have to remember, the most recent selloff would seem the most historic cutbacks have earned capital's ending. we've seen more energy projects in the last 12 months than i've ever seen in my lifetime and that will take its toll at some point in the future. if the futures market anticipating cup back live to that the possibility that opec could cut production and change the landscape quickly. lauren: that is what i would be watching, whether opec does cut production because they aren't all these months. >> i think what is happening as russia who is one of the people that could do that opec

reduction cat happened last november is now talking with venezuela and it's really been on opec reducers to join in and the questions ready that saudi arabia would follow. lauren: thank you so much. good luck. it will be a busy one for you. meanwhile, investors will get a fresh report on the manufacturing sector today. the pace of growth measured by the isn manufacturing index to slope last last month. 52.6 is the expected reading. as for the car companies, and a major u.s. automakers rolling out august sales. kelley blue book says sales will fall 4% a year ago. 1.25 million is the expectation and ballot or an annualized rate to 17.2 million. that is pretty good. sales expected to decline compared to last year because auto sales from labor day weekend were included in last year's numbers used in them a bit.

and then we'll hear from the boston fed president ahmet erik fresen grande. what does he have to say about the economy? before the jobs report could help determine whether the federal reserve raises interest rates september 16th and 17th at their next meeting. sandra: does get caught up in global market action. asian markets finished the first trading day of the month much lower after weak manufacturing data from china raised fresh concerns over the health of its economy and hit asian markets. the big story there, the nikkei in japan so enough to nearly 4%. lauren: they had weak industrial production numbers yesterday. europe down 151 if you look in monday and done 119 is returning to paris on the german dax bearing the brunt of the selling at 285-point selloff. sandra: u.s. stock index futures looking like this right now. 365 points.

lauren, we see a lot of movement in commodity prices this morning as well. lauren: the big stories oiled once again. now you have something you have sallied down by almost 3%. 4781 is your quote per barrel right now. sandra: old catching bait this morning at $8.60 at 1141 detroit mounts. lauren: that show you how the u.s. dollar is trading. see strength in the euro, pound and japanese yen this morning. sandra: you are looking at the euro on the tenure. everyone is trying to figure out what is going on with the markets. 2.18%. we will keep watching it for you. turning out for insight into the market turmoil is greg berlin, senior market analyst in london. good morning to you, craig. we are counting on you to give us an idea of what is happening with global stocks. the selloff continues.

>> personally but we are seeing today is risky martian. everything is pointing to the risk-averse, low sentiment market. we are seeing things like safe haven currencies. all this up a little bit as well. sentiments just so low right now. what is really driving is not necessarily changed outlook on china for the fear of the stimulus. fear is driving here right now. until we see markets settle down, we will continue to see a massive selloff in europe and we are expecting the same at the u.s. in a couple hours. lauren: it always seems like the elevator down goes a lot faster than the stairs back up. it seems like every pocket we turn to there is a negative headline. >> absolutely. what you see in the market is what you see so much negativity of people find it harder to explain. not always a specific trigger. people start trying to explain things. all of a sudden the headlines

become negative. if you can look at the rate hike, you can also say hold on the u.s. economy is performing well. people don't want to focus on that. lauren: we're also watching the oil markets, global trade as well. the w-2 by both selling off. one trader saying keep mccullough over at hedge risk. oil dropped another 20% to 25% per year. looking at $47 a barrel. do you believe that pollock could take new? >> absolutely. in the short-term at least we still see the story concerns over demands. more importantly the supply continues and prices will go lower, especially talking about china slowing down, really global growth and the imf is now going to revise its growth

growth forecast. given the supply and demand, prices will remain heavy and $85 is a real possibility. sandra: craig, thank you. lauren: the state department releasing 7000 additional pages of hillary clinton e-mails. 150 of those contain information not deemed classified. some including sensitive materials about china, haiti and sudan during a speech in reno, nevada, are public and presidential candidate marco rubio talking about the latest development. >> where tax policies for the world of the 1990s. in fact, that was the hillary clinton tax plan. in fairness, she took her time to introduce her plan because it was in her server so they weren't able to find it. [laughter] [applause] but they found it along with

another 100 classified e-mails. lauren: department officials say those were not identified as classified when clinton sent or received them. sandra: a new poll shows retired neurosurgeon dr. ben carson surging into a tie with donald trump in iowa. carson and trumpet each getting 23% on the university poll released yesterday. behind that, carly fiorina at 10% commit ted cruz 9% and scott walker at 7%. >> is anti-politician style very soft-spoken, funny, humorous, appealing is really, really scoring with voters in iowa. sandra: when republican voters and i were asked if they should be someone outside of government, 66% said yes. train for another deadly explosion in northeast china. at least one person killed in a

chemical blasphemy factory last night. the massive fireball blasting an industrial zone in the city of dongyng. local media reporting six factory executives have been detained. less than a month after the massive chemical explosion in a city nearby tiajan killed 158 people and did raise concerns about industrial safety in china. nicole: new numbers showing the economy slowing even more than expected. really playing into the fear is leading to the continued global selloff. checking in on u.s. stock futures this morning, dow futures at 350 points as the loss of more than 2%. heavier selling with nasdaq futures down 2.2%. in sports this morning, serena williams, raphael nidal. advancing to the second round of the u.s. open. details on that coming up.

you are watching "fbn:am," your first look at morning markets and breaking news. we are glad you are with us. ♪

lauren: alexia caught up in global markets. asian markets in a sea of red chinatown one and a quarter of 8%. the nikkei down 4%. arguments of manufacturing data from china raising fresh concerns and that is if the market they are really hard this morning. lauren: weakness across the board as well. the selloff led by the dax in germany at 2.7%.

looks like the selling is picking up a little bit as we do see the ftse in cac down 2%. lauren: u.s. stock market futures look like this. the s&p down 43. nonfactor in a little bit better. it is now down on the 97 points. you can see down two and a quarter%. trade for oily big story. oil prices moving down by nearly 2% of 86 cents. you look at $48.34 for a barrel of oil. lauren: and buster's plane to safety. pulled up almost $9. 1141 at troy ounce. lauren: here is how the u.s. dollar is trading. key turns to you but the euros they descended to the upside they can u.s. dollar. next results as you look at currencies across the globe. the yen is up against the u.s. dollar.

lauren: yields on the ten-year treasury 2.16%. sandra: a quick look at sports here. if you weren't able to stay up last night, the u.s. open under way and serena williams had an easy time advancing on day one. her opponent stopped playing 27 minutes into the match because of an injured left foot. moving a step closer to a calendar year grand plan and on the men's side, raphael mcdonald said he felt hydrated is so advanced into the second round at the victory over 8-year-old warner couric of croatia. the new york mets continue on past the playoff with bartolo allowed on the mound. the mets beat the phillies four to one. backed by two home runs in the fifth inning, it even on pace for one of the comments after hitting a single. the mets now laid the mla by six and one half game.

take a look at this. tampa bay center fielder kevin thierry meyer put on a show in monday night's 63 when. leadoff batter man in the chouteau with a spectacular catch that took away a certain home run. none of this compares to the no-hitter by the cubs the other day. lauren: coming up, or rent a global market action before we hand it over to maria bartiromo. stay with us. ♪ behold, these are two wind turbines.

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sandra: welcome back to define a

look at global market action before we hand it over to maria. asian markets finishing the first trading day of the month to the downside. weak manufacturing data raised fresh can turns over the health of the economy and hit asian markets. in europe, pressure as well sell enough across-the-board losses of more than 2% on each of the major averages there. here at home, dow futures sinking 353 points as the loss of more than 2% in early trading. nasdaq futures up even more. there you have a selloff of crude oil prices after he became yesterday looking at oil continuing to move to the downside of 2% in early trading in gold up 10 bucks at 1142 a troy ounce. a quick look at the currency markets. see the euro at 112 up against the u.s. dollar this morning. the euro, u.k. pound japanese yen against the greenback and here is the yield in the 10 year

treasury. 2.16%. a lot of action this morning. a good time to go to maria bartiromo with "mornings with maria." great to see you. maria: thank you so much. breaking news this morning. another seller for global markets in the u.s. market to open slightly lower. good morning, everybody. happy tuesday, september 1. with me, this hour, dagen mcdowell, todd horvitz of average joe and arianna johnson of the national review. it is shaping up to be a tough day for the market this morning. those of you on the radio, future showing the u.s. market is primed for a triple digit loss in the dow industrials talking 350-point at the get go this morning. a month of losses wiped out in the oil market meanwhile. we are in install mode this morning down as much as 4%.

looking at a 2% decline right now. a rush to buy gold as a safety play this morning. pulled up almost $9 an ounce. right now you can see it is that ninth 60, almost 1%. a fire sale on stocks under way. major average in britain, france and germany at triple digit losses with the decline of 2.5 and two and three quarters of a percent. asia has become a daily waiting game sitting on their hands waiting for the government to come in and stimulate the market by buying stocks. the shanghai down one and a quarter% overnight. the other asian markets to japan's nikkei average getting flamed. 700-point loss in japan. the hang seng index nearing 500 laws. looking at sharp declines on the asian marke