LIVE: Breaking News and Top Stories on CBS News 24/7
Channel: CBS News
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Duration: PT42900S
Read a transcript preview of “LIVE: Breaking News and Top Stories on CBS News 24/7” from CBS News, uploaded on 2026-11-05.
Transcript preview
Language: English (original, YouTube automatic captions)
[0:00] what it means for the overall economy.
[0:02] Plus, a defiant defense secretary Pete
[0:04] Hexath speaks out amid recent questions
[0:07] about his future at the [music]
[0:09] Pentagon.
[0:10] >> And I'll assure you, we have only just
[0:13] begun to fight. We are more determined
[0:15] than ever, more resolute than ever to
[0:17] finish what we have started.
[0:20] >> And flash floods and dozens of rescues.
[0:23] The dangerous flooding prompting
[0:25] Georgia's governor to declare a state of
[0:27] emergency. [music] Plus, a Florida
[0:29] sheriff says that the gunman in a deadly
[0:31] shooting at a bank office was motivated
[0:33] by anger over a credit card bill. And a
[0:37] wave of bomb threats disrupts dozens of
[0:39] flights across Europe. The investigation
[0:41] into who's behind the hoax.
[0:50] Welcome in red across the board on Wall
[0:53] Street today as the stock market
[0:55] plummeted just one day after a
[0:57] postmidterm surge and much of it was
[0:59] driven by AI concerns and what a dem
[1:02] democratically controlled Congress could
[1:04] mean for AI development and data
[1:07] centers. So the Dow was down more than
[1:09] 1,800 points or 3.44%.
[1:13] The S&P was down more than 4% and the
[1:17] tech heavy NASDAQ took a major hit,
[1:19] closing down more than 5%. Technology
[1:22] companies heavily invested in AI were
[1:24] hit especially hard. So, let's take a
[1:27] look. There you go. That's the look at
[1:29] our interactive stock market heat map
[1:31] brought to you by Finn Viz. It's showing
[1:33] the top 500 stocks. You can see all of
[1:35] the red, but let's focus on the
[1:37] so-called magnificent seven tech
[1:39] companies. Big drops in the chip sector
[1:42] with Nvidia down around 9%. In software,
[1:45] Micro