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)
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Hanoi Jane, rides again!
September 30, 2008 - 17:32 ET by wdhorningWhat do you expect from the Communist News Network. At least Dobbs had the professionalism to go have Wolfe for his lies.
Subprime Banking Mess
September 30, 2008 - 17:36 ET by RHRobinsonMDLeave it to the British to give the best explanation (and this is a year old!) for the Subprime Banking Mess:
http://www.youtube.c...
"Nuts!" - General Anthony McAuliffe
Yea well,
September 30, 2008 - 17:43 ET by general companyBoth networks are suggesting that the market only made gains in anticipation of a bailout bill tomorrow. There are not enough pundits that are laying out common sense condition for an agreeable solution. I am disappointed in many that I had thought to be on top of things.
"Television is a freak show" Bernie Goldberg
Ken this is so typical..and
September 30, 2008 - 17:48 ET by bigtimerKen this is so typical..and expected.
They live up to their bias and hypocrisy daily..I also notice what the political shows alone do when it has anything to do with the stock-market...as long as it is bad news.
Good Catch
September 30, 2008 - 18:23 ET by CoolShadesGood catch. Does CNN also send out Obama Now Asleep, Obama Now Awake, Obama Now Eating and Obama Now Using Restroom alerts?
What, no instant Lindsay
September 30, 2008 - 19:50 ET by Roger the ShrubberWhat, no instant Lindsay Lohan updates from CNN? WTH?
ABCNews on the Radio would not mention the Up pts. only 4.7 %
September 30, 2008 - 19:58 ET by JayTeeThey did mention 700 pt drop today AGAIN as yesterdays Big news but would not give the pts on the radio news as you drove home at 5pm today . .they DISGUISED it as a percent rise.
Bastards . . If you own stocks you can / will look up the numbers.
You just can't get Good news in an Election cycle with a WAR Going on.
The Republican Revolution will not be Televised
The MSM has a freeze on good
September 30, 2008 - 21:15 ET by cocodrieThe MSM has a freeze on good news until after the election. They plan on releasing all the good news at once the day after just as they did for Slick Willy.