CABRERA: First trading day of 2019 and stocks are rebounding slightly after kicking off the year down triple digits. You see the Dow slightly lower right now. But 2018 was the worst year for U.S. stocks since the 2008 financial crisis. CNN Business correspondent, Alison Kosik, is live at the New York Stock Exchange. Alison, what's behind today's numbers?</s>ALISON KOSIK, CNN BUSINESS CORRESPONDENT: Ana, we saw stocks as low as 398 points, talking about the Dow. So we are seeing stocks off their lows of the session. But the same concerns of 2008 are the same concerns of 2019. Foremost, the economic slowdown globally. New data today spooking investors. A report out of China showing manufacturing slowed down from November to December. It's the second report showing this contraction in the huge manufacturing sector of China and the concern is that that slowdown will lead into the U.S. China is the world's second-biggest economy. A lot of companies do a huge chunk of business in China, so if manufacturing slows down there, the worry is that can come here to the U.S. One thing to keep in mind, the economy in the U.S. is strong but most economists believe the economy will slow down this year. Could it slow down enough to enter into a recession or will the Fed allow for a soft landing into a slowdown just before the U.S. economy could enter into recession? These are some of the concerns that are weighing on Wall Street. Of course, the U.S. trade situation with China remains unresolved. That's a huge worry for countries as well. It's hard to plan when you have that uncertainty about what the trade situation will be. Earnings come up in a few weeks. We'll see how much those concerns are impacting earnings. Ana, back to you.</s>CABRERA: As we speak, Alison, the Dow dropping yet again to triple digits, 116 now, minus 120. All right, we'll stay on top of this. Alison, thank you. Thank you for joining me.
Wall Street Pain Continues as Dow Starts 2019 Lower.