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June 20, 2013
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Fox News, But Not CNN, Notes Sept. 30 Market Gains in Text Message Alerts

By Ken Shepherd | September 30, 2008 | 18:17

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While both CNN.com and FoxNews.com sent e-mail alert subscribers "breaking news" alerts on the Dow's steep slide yesterday in reaction to failure of the bailout package in the House of Representatives, CNN didn't think it worthy of a breaking news text to note the gains made today in the market.

Here are the Fox News text messages sent on September 30 regarding the Dow Jones:

  • DOW REGAINS NEARLY 500 POINTS ONE DAY AFTER RECORD LOSS (received 4:08 p.m. EDT)
  • DOW REBOUNDING, UP MORE THAN 300 POINTS A DAY AFTER 778-POINT FREEFALL (received 1:27 p.m. EDT)

Below, in reverse chronological order are the text message alerts I received from Fox News and CNN.com yesterday tracking the Dow's drop.:

  • Dow suffers biggest point drop in history, falling nearly 778 points in reaction to House vote rejecting economic rescue. (CNN, 4:44 p.m. EDT)
  • DOW SUFFERS LARGEST ONE-DAY POINT DROP IN HISTORY AFTER HOUSE REJECTS BAILOUT PLAN (FoxNews, 4:33 p.m. EDT)
  • DOW SUFFERS WORST DECLINE IN HISTORY AFTER HOUSE REJECTS BAILOUT PLAN (Fox News, 4:15 p.m. EDT)
  • DOW PLUMMETS MORE THAN 730 POINTS AFTER HOUSE REJECTS $700B FINANCIAL BAILOUT BILL (Fox News, 3:31 p.m. EDT)
  • HOUSE VOTES DOWN $700B FINANCIAL BAILOUT BILL (Fox News, 2:40 p.m. EDT)
  • $700 billion bailout bill fails in House. Dow down by nearly 600 points. (CNN, 2:14 p.m. EDT)
  • DOW FALLS MORE THAN 675 POINTS AS HOUSE VOTES ON $700B FINANCIAL BAILOUT BILL (Fox News, 2:09 p.m. EDT)
  • Dow industrials fall more than 600 on fears bailout package vote will fail. (CNN, 1:48 p.m. EDT)

About the Author

Ken Shepherd is Managing Editor of NewsBusters. Click here to follow Ken Shepherd on Twitter.
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