Yesterday was a bad day on the stock market.

It has been a scary Monday for those who watch the stocks closely.

Breaking news from Wall Street this morning.

Right now the Dow Jones Industrial Average is down.

The Dow opened more than a thousand points lower, the S&P 500, and the NASDAQ are also down.

And Japan's Nikk plunged 12.4% today as Asian stocks tanked after new US data fan fears of a recession.

Today stocks have regained some of their losses, but a dip like this worries economists

because it can signal that there are weaknesses in the U.S. economy.

Where we're at in the economy is a potential turning point.

That's our colleague Nick Timrose.

He covers the Federal Reserve.

We've been wondering for the last two years

what it would look like when the economy slowed down

and now the economy is slowing down.

The big question is, does it slow to something that's just more

normal you kind of glide into the speed limit or are you going to slow down and

then stop and that would be you know what we've had in the past when we had a recession.

So there's been all this talk for years now really of the Federal Reserve trying to achieve

a soft landing this idea that they can bring down inflation

without causing a recession, that they can land the plane softly. And for a

while it's looked like a soft landing might be possible but what is the pilot

saying now? Well the pilot's not saying anything right now but I think the

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