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 d

eric rosengren speaks about the economy at dollar tree and h and r block report earnings. u.s.ures report a lower open. the dow is calling for a lower open and nasdaq off by 98 and s&p 500 lower by 43 points. august was a tough month for hedge fund moguls. both were down 5% for the month. sources say green light capital fell 5.3% bringing the $12 billion firm's losses for the year to 13.8%. loeb's fund dropping 5.2% but still up for the year. now loeb and einhorn are the first to tally monthly results suggesting others could also report heavy losses. >> i wonder if either of those two were long china during the month of august because if they had they will have suffered. the shanghai composite finished august down some 12% and of course it has opened september down as well. further 1.3% as i just told you. the hong kong index, how did that perform over the month of all? it's coming for us now down a little bit more. the recent sell off is lead by the china a share market but the hong kong market caught up as well a little bit in august. it was down 12.3%. it's down 3.7% today.

not even comment from fed official eric rosengren said not clear that rate hike conditions have been met didn't give anybody any confidence. with that, gerri, david, back to you. david: thank you. you mentioned the russell 2000, that was a very critical technical point. it went below what is called the death cross. that is spooking investors in the final hour of trade. gerri: death cross, oh. adam, you have some of the winners and losers. what is on your list. >> start with some winners. let's look at some green. companies everybody knows, among them the airlines. delta barely making it into the up list but they made it. american airlines, cablevision, who cares about cord cutting, right? cablevision up half a percent. american airlines, delta. come on, delta, land in the green. look at big losers on the different indexes. netflix was down very big today. just very disappointing, almost 9% at one point. dollar tree, they are facing competition from walmart. walmart announcing today that they were going to cut back on employee hours to become more efficient, save money essentially. th

boston fed president eric rosengren speaking about rate hikes saying the job target has largely been met but the inflation target for a rate hike is, quote, not as clear cut. global economic weakness which we got this morning in chinese economic numbers could lower the inflation outlook and wage rises so far are not adding to the inflation picture. it's really a story about the rate hike path to be expected to be more gradual than other rate hike psychles because in part the financial crisis headwinds will keep them gradual along with slowly rising inflation and also keep a lid on rising rates. the big f-impact is the trajectory that he says will be slower and longer. want to give you a quick look at some of the things that are coming up for the federal reserve and guys like rosengren for the decision they have to make september 16 and 17. the september 4th jobs reports, quarterly services indicator for the second quarter, and that's going to tell us about consumer spending in the third quarter as well. retail sales coming up for the month of august, and the cpi on september -- on se