Negative Headlines Continue to Spook Investors, Markets Around Globe

BY   August 18, 2011 at 6:05 PM EDT

The Dow Jones industrial average lost 419 points Thursday, driven by a barrage of bad economic data including a drop in existing home sales in July for the third time in four months. Ray Suarez discusses the U.S. and global market turmoil with Jeffrey Saut of Raymond James Financial and Susie Gharib of Nightly Business Report.