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The stock market is still sinking but the selling frenzy has eased just a bit.The Dow opened down about 100 points on Thursday morning, rebounding from sharp overnight losses. The Nasdaq started positive before slipping back into the red. The S&P 500 lost about 0.6%.Wall Street is attempting to recover from Wednesday's plunge, which wiped 832 points off the Dow. The Nasdaq in particular has gotten rocked in recent days. Investors have bolted from the index, which contains many tech stocks, because they are concerned about holding some of the market's riskiest stocks in a downturn. A proxy for the tech sector had its sharpest plunge in seven years on Wednesday.The S&P 500 was on pace for its sixth-straight decline, something that hasn't happened since just before President Donald Trump's election nearly two years ago. And the Nasdaq has already plunged 8% this month."Halloween started early this month for investors," Ed Yardeni, president of investment advisory firm Yardeni Research, wrote to clients.Concerns about inflation were eased a bit by a report released on Thursday that showed consumer prices rose in September less than feared.Still, tech stocks including Amazon and Apple lost ground in early trading. Square (SQ) slumped 6% after announcing the departure of its chief financial officer. But other tech stocks showed signs of life. Netflix and Twitter were trading flat to slightly higher.Stocks have turned sharply south because investors are increasingly concerned about rising interest rates. As the Federal Reserve raises rates to prevent runaway inflation, investors have been getting out of bonds, driving down their price and driving up their yields. Suddenly, the return on bonds has become competitive with some stocks — particularly risky tech stocks.Rising interest rates also increase borrowing costs for households and businesses, eating into corporate profits. America's increasing debt load, a trade war with China and a slowing global economy have also unnerved investors.Wednesday's "rout has shaken investor confidence," Nicholas Colas, co-founder of DataTrek Research, wrote to clients. "That will take time to rebuild."The Dow plunged 832 points, or 3.2%, on Wednesday. Tech stocks took a beating, sending the Nasdaq tumbling 4% — its worst day since the Brexit referendum of June 2016.That dragged down stock indexes in the United Kingdom, Germany and France on Thursday, all of which fell more than 1%. Benchmark indexes in Shanghai and Tokyo closed down 5.2% and almost 4%, respectively. Hong Kong's market was down over 3%.The S&P 500's 3% plunge on Wednesday was rare. It's only happened in 0.6% of all trading days since 1952, according to Bespoke Investment Group.The good news is that the market often springs back to life after such a deep sell-off. Bargain hunters scoop up beaten-down stocks and calmer heads prevail. On average, the S&P 500 has gained 0.4% the day after a 3% slide, Bespoke said.That's what happened in February after the S&P 500 twice suffered 3% drops caused by fears about rising bond yields. Both sell-offs were followed by rebounds of more than 1% the next day.But Yardeni is optimistic the market will rebound because corporate profits are robust and no recession is in sight."We remain bullish on the outlook for earnings, and expect the market to recover and make new highs going into next year," Yardeni wrote.The-CNN-Wire 3435

The Suwannee County School District takes the health, safety, and welfare of all of our students seriously. The school district, and our employees, deny that we had any role in the very tragic death of the former student.There is no merit to the allegations contained in the complaint that has been filed. We look forward to a complete exoneration through the legal process.I have no further information at this time that I can provide given the status of the pending litigation. 487

The Smithsonian announced the reopening of two prominent Washington, D.C., area attractions that have been shuttered during the spread of the coronavirus.The National Zoo located in Washington and the National Air and Space Museum in nearby Chantilly, Virginia, are scheduled to reopen Friday with a number of safety precautions in place. All other Smithsonian attractions will remain closed. Most other prominent D.C. destinations, including the White House and Capitol, also remain closed to visitors.Both at the zoo and the National Air and Space Museum, all visitors age 6 and over will be required to wear face coverings. The zoo and museum are also requiring timed tickets, and has scaled back its hours to close at 4 p.m.“As a public entity, we thrive on serving our visitors and making our collections readily available to them, virtually and in person,” said Lonnie Bunch, Secretary of the Smithsonian. “However, the safety and well-being of our staff, visitors and volunteers come first and are paramount, so we are taking a deliberate, phased and cautious approach to reopening. Our goal is to be safe and measured in order to adjust and pivot as necessary.” 1177

The Trump administration has finalized a regulation that overturns Obama-era protections for transgender people against sex discrimination in health care. Friday's action is certain to be challenged in court by LGBTQ groups and others.The policy shift, long-sought by the president’s religious and socially conservative supporters, defines gender as a person’s biological sex. The Obama regulation defined gender as a person’s internal sense of being male, female, neither, or a combination.The Trump administration said that the new rules come with a .9 billion budget reduction over the course of five years. The costs are associated with enforcement efforts. “HHS respects the dignity of every human being, and as we have shown in our response to the pandemic, we vigorously protect and enforce the civil rights of all to the fullest extent permitted by our laws as passed by Congress. We are unwavering in our commitment to enforcing civil rights in healthcare,” Roger Severino, Director of the Office for Civil Rights at HHS.The Human Rights Campaign already announced it will sue the Trump Administration to stop the move.“We cannot and will not allow Donald Trump to continue attacking us. Today, the Human Rights Campaign is announcing plans to sue the Trump administration for exceeding their legal authority and attempting to remove basic health care protections from vulnerable communities including LGBTQ people. And, to add insult to injury, the administration finalized this rule on the anniversary of the Pulse shooting, where a gunman killed 49 people in an LGBTQ nightclub,” said HRC President Alphonso David. “LGBTQ people get sick. LGBTQ people need health care. LGBTQ people should not live in fear that they cannot get the care they need simply because of who they are. It is clear that this administration does not believe that LGBTQ people, or other marginalized communities, deserve equality under the law. 1940

The Transportation Security Administration is considering eliminating passenger screening at more than 150 small and medium-sized airports across the US, according to senior agency officials and internal documents obtained by CNN.The proposal, if implemented, would mark a major change for air travel in the US, following nearly two decades of TSA presence since the terrorist attacks of September 11, 2001, and comes as the Trump administration has stepped up screening measures for items such as laptops and tablets.Internal documents from a TSA working group say the proposal to cut screening at small and some medium-sized airports serving aircraft with 60 seats or fewer could bring a "small (non-zero) undesirable increase in risk related to additional adversary opportunity."The internal documents from June and July suggest the move could save 5 million annually, money that could be used to bolster security at larger airports.According to the proposal, passengers and luggage arriving from these smaller airports would be screened when they arrive at major airports for connecting flights instead of the current practice of joining the already screened population at the larger airport. The high-volume airports have greater capacities and more advanced security measures than smaller locations, the documents say.CNN terrorism analyst Paul Cruickshank said it was "stunning that this is even seriously being considered.""Al Qaeda and ISIS still regard aviation as a priority target -- that includes aircraft where you have fewer than 60 people on board," he said. "They would see that as a way to hit the headlines. They would see that as a way to inflict severe economic damage on the United States. If you have an aircraft of 50 or so people being blown out of the sky there is going to be a great amount of panic and there will indeed be significant economic reverberations, and of course significant loss of life.""This is so dangerous," a TSA field leader at a large airport said. The individual is not authorized to discuss the matter publicly.Two senior TSA officials, who asked not to be identified, expressed serious national security concerns over the proposal. They said the idea was explored as far back as 2011 and has been resurrected. The documents referred to some 150 small airports in addition to some midsize ones. TSA currently screens passengers at 440 airports, according to its website.The working group determined that the policy change would affect about 10,000 passengers who are screened by 1,299 TSA employees daily, which amounts to about 0.5% of the people who fly out of US airports on any given day. The report does not list specific airports that could be affected by the policy change.TSA spokesman Michael Bilello said the study reflects a recurring debate within the agency about its legal requirements."This is not a new issue," he said via email. "The regulations which established TSA does not require screening below a certain level, so every year is 'the year' that TSA will reconsider screening." Bilello did not respond to a request for the text of the regulations.The two TSA senior officials said the level of activity around the proposal this year -- the formation of a working group to conduct a risk and cost analysis -- mean this is more than an annual exercise.The documents said a TSA working group of 20 people, including a representative of the agency's administrator's office, met on June 21 to examine the potential risks of the policy change. An internal TSA memo dated July 17 from TSA Director of Enterprise Performance and Risk Strategy Jerry Booker to the TSA administrator's chief of staff, Ha Nguyen McNeill, outlines the group's findings. It contains no formal recommendation. 3761