evan jones set out to give away extra clothing from his closet.nd the photo journalist had the camera rolling. >> can you take a picture of me in the jacket in. >> you want a picture in the jacket. >> it's sweet. it's a cool jacket. >> have you got any more friends or anything? i have more stuff in my car. >> evan jones joins us from philadelphia. and thank you for your time. this time of year, millions of americans will donate money to the homeless or clothes, but you made it very personal. why did you make this choice. >> well, i saw my mother and father donating clothes to places like the purple heart and good will, and i decided i would go out this time, and i really wanted a personal condition. co. and i decided to eliminate the middle man and go directly to the source and meet these people on the streets. and i was surprised to see how great a person people really were. >> so you literally, these are literally clothes from four closet. and you just loaded up the car and drove to philadelphia. where did you go? >> you know, first, i stopped i

evan perez, we appreciate your reporting. >>> rough day here. you've got to watch this for u.s. stocks. the dow jones dropping around now 195 points. the nasdaq s&p 500 also taking a beating as investors dumped their stocks around the world. worries over an economic slow down oh in china are actually putting pressure on wall street in markets everywhere. european markets closed with losses as well today. >>> here's more of what we're working on for "around the world." this young man says his scars prove it. look at that. he says that ukraine's police force, tortured him for protesting against the government. >>> and cnn asked iran's foreign minister what he plans to do with two americans who are imprisoned there. hear what he had to say. >>> and it's supposed to be a talk for peace in syria. but the two sides refusing to even meet face-to-face. going to take a look at why the u.n. had to act as a go-between in genervgeneva. [ male announcer ] the new new york is open. open to innovation. open to ambition. open to bold ideas. that's why new york has a new plan -- dozens of tax free zones all across th

i'm kelly evans on this monday after a brutal week on wall street it looks like another tough start. the dow jonesage helped by caterpillar trying to stay positive at least out of the major indexes all day, looks like that didn't happen. we've had quite a bit of sell pressure into the close as art cashin was just describing. you see the dow looks like it will finish down 40 points. we have a five-day losing streak. 15 15, 838 is roughly the closing level. the nasdaq off 1% as it was the clear underperformer today. and let's get straight to it with today's "closing bell" panel. dan greenhouse sara eisen and dan fort and danny hughes and "fast money" contributor guy adami. we also have apple reporting earnings in about half an hour. so a lot going on. a lot to make heads and tails of. but i want to start right here dan greenhouse is this the beginning, middle or end of the correction? >> i have no idea. what i do know is that in the last two years, years that people generally have thought to be sanguine and from the bottom left to the top right chart speaking, the last two years has seen two decline

jones makes sense of investing. >>> and welcome to "the closing bell" as we hit 3:00 here eastern time. i'm kelly evans at the new york stock exchange. >> i'm bill griffith. doesn't look like third time's going to be a charm. the financials, which had done so well, bank of america yesterday with a stellar report that pushed it higher. today, goldman sachs and citi disappointed with their earnings and the financials are lagging this market and leading it lower. president dow was down 105 points at the low. now we're doing 68. >> that's right. we have goldman down about 2% at last check. citigroup off about 4%. some of the regional financials it's a little bit more mixed. we have pnc up despite analysts saying this maybe isn't necessarily a performance they can repeat. while some of the others are lower, even though commercial real estate, commercial and industrial loans, there is growth there. >> and then there's retail. best buy. >> worst buy. >> horrible day for best buy shareholders, which we'll get to coming up in a little while here. >> yeah, that's right. the market action won't stop. when the clo

evans. here's how we're finishing the session. take a look across the major indexes, which are seeing one of their worst sessions in a couple months. at least for the dow jonesaverage, which looks like it will finish certainly off the lows of the day but still down 172 points or just more than 1%, clinging on to that 16,200 level for dear life. the nasdaq shedding 24 point, little more than half a percent. the s&p 500 off 16. wonder if it's significant. we'll keep a close eye there. earnings any moment from microsoft and starbucks. there's a lot to talk about as we work through what happened. let's get straight to it with today's "closing bell" panel. joining me now, our own john fort and mary thompson, cnbc contributors zachary carabell, and more on today's selloff, "fast money" contributor brian kelly. first to you. why is this market so weak? >> well, it started with china last night, which it's a little concerning or a little confusing because china has been an issue for a couple weeks now. i think it was the pmi in china that got people a bit skittish. then you came into this morning, some of the earnings here in the u.s. haven't been better than expect