Welcome to meet the press now. I'm Brian Nobles in Washington as we begin with

breaking news on Wall Street after a tumultuous day for markets across the

globe. At points today the Dow was down more than a thousand points driven by uncertainty about the health of the U.S. economy.

The trading day is about to end with the ringing of the closing bell. You heard it there.

And let's take a look at where all three major US indexes closed today.

All of them in the red.

You can see the Dow down almost three points.

The Nasdack down almost three and a half points points and the S&P falling just short of losing 3% today.

The sell-off began overnight with Asian markets getting hammered.

Japan's Nikke Index fell 12%. It's the single worst decline. it's

the single worst decline since the 1987 crash on Black Monday.

The losses then swept through Europe where stocks fell more than 2%. Meanwhile market volatility is at its highest

level since the early days of the pandemic in 2020. So what's triggered all this anxiety?

Well apparently it's in large part due to Fridays weaker than expected jobs report here in the United States.

NBC News Senior Business Correspondent Christine Romans joins me. also with me is

c. NBC senior economics reporter Steve Leisman

Christine let's start with you I mean walk us through what happened in the market

today both in the US and around the world yeah I, I guess that's a reminder, Ryan,

that stocks don't just go straight up.

I mean, you have seen stock market records again

and again and again as the US economy has been just so resilient. And now these first flickers that that

resilience might be fading a bit and that all of these fed rate hikes are

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