Look Who it Was Random video

Uncertainty behind sharp declines in stock market

2,405 views · Published 18 December 2018 · 2:56 · Indexed 11 October 2026

Channel: CBS Mornings · 2018 · News & Politics

Watch on YouTube

The Federal Reserve begins a two-day meeting Tuesday and is expected to raise interest rates. This comes amid sharp stock declines that are hammering Americans' 401(k)s. The Dow plunged 507 points Monday, and the S&P 500 dropped 54 points. It is down nearly five percent for the year. CBS News financial contributor Mellody Hobson joins "CBS This Morning" to explain the market uncertainty.

Watch "CBS This Morning" HERE: http://bit.ly/1T88yAR
Download the CBS News app on iOS HERE: https://apple.co/1tRNnUy
Download the CBS News app on Android HERE: https://bit.ly/1IcphuX

Like "CBS This Morning" on Facebook HERE: http://on.fb.me/1LhtdvI
Follow "CBS This Morning" on Twitter HERE: http://bit.ly/1Xj5W3p
Follow "CBS This Morning" on Instagram HERE: http://bit.ly/1Q7NGnY

Get new episodes of shows you love across devices the next day, stream local news live, and watch full seasons of CBS fan favorites anytime, anywhere with CBS All Access. Try it free! http://bit.ly/1OQA29B

Delivered by Norah O’Donnell, Gayle King, John Dickerson, and Bianna Golodryga, "CBS This Morning" offers a thoughtful, substantive and insightful source of news and information to a daily audience of 3 million viewers. The Emmy Award-winning broadcast presents a mix of daily news, coverage of developing stories of national and global significance, and interviews with leading figures in politics, business and entertainment. Check local listings for "CBS This Morning" broadcast times.

More from this channel