KING: Welcome back. Big market news today, the Dow losing even more ground, one day after hitting a 2018 low. Investors keeping a close eye on the markets after the Federal Reserve hike interest rates yesterday. See you found there almost 350 points. Let's go to Cristina Alesci. She's at the New York Stock Exchange. Cristina, question is what's the mood? But I'm guessing it's not so great. What are you hearing from investors looking ahead.</s>CRISTINA ALESCI, CNN POLITICS AND BUSINESS CORRESPONDENT: It's blood on the street right now. In fact, the market took a downturn even more after the president express frustration over border wall funding and basically undermine the potential deal to avoid a government shutdown. So that did not help things here on the market but no doubt about it, the selling begin with the Fed, introducing a Fed -- an interest hike yesterday and that selling has continued unabated. And what is happening here is a basically a fundamental fight between Wall Street and the Federal Reserve which believes the economy is strong enough to withstand an interest rate hike. And the Street, however, wants to keep the easy money flowing. It's been addicted to that. Also, investors and traders are very frustrated by the vague comments that Jerome Powell gave yesterday, the Fed chair. They just interpreted that as completely negative. They wanted more clarity and they also felt like the chairman did not address some of the warning signs that are flashing about a global economic downturn, like weakness in China for example around economic data. So these are the concerns on the street right now and they continue unabated. We are down below 2,300 on the Dow -- 23,000 on the Dow. And it seems like the selling will continue. John?</s>KING: Below 23,000 in a market that was at 27,000 not a little long ago. Cristina Alesci on the Wall Street, thanks very much. Keep in touch as the day plays out. Up next, President Trump's base demands a fight. Will he listen? And if he does, will that force a Christmas government shutdown?
Dow Drops After Fed Hikes Interest Rates