Bias In the Fast Break? CNN Spares E-mail Alert for Market Rebound
I subscribe to e-mailed breaking news alerts from both Fox News and CNN. Out of curiosity today, I reviewed the news alerts about the market's performance from yesterday's precipitous drop and today's rally.
I found that yesterday Fox issued two alerts to CNN's one. Today, Fox sent an e-mail update about the market's 50-point gain for the day. No such e-mail was issued from CNN, however.
I took the liberty to lift the text from the updates. Here they are in chronological order from earliest to latest:
Fox News breaking news update | 2/27/2007, 15:07 ESTDOW INDUSTRIALS FALL MORE THAN 500 POINTS ON FEARS OF ECONOMIC SLOWDOWN IN U.S., CHINA AND EUROPE
CNN Breaking News | 2/27/2007, 16:05 EST
-- The Dow sees its biggest one-day drop in 3 years, ending about 400 points lower after plummeting more than 500 points earlier in the day. More soon.
Fox News breaking news update | 2/27/2007, 16:14 ESTDOW INDUSTRIALS DOWN 415 POINTS ON PROFIT-TAKING, FEARS OF ECONOMIC SLOWDOWN
Fox News breaking news update | 2/28/2007, 16:07 ESTDOW INDUSTRIALS BOUNCE BACK FROM 416-POINT LOSS, GAIN 50 POINTS ON UPBEAT ECONOMIC NEWS