Stock market suffering disastrous day, Dow slides over 1,000 points

U.S. markets are taking a hit Monday with the Dow falling over 1,000 points to start the day and semiconductor stocks like Nvidia and Intel dipping over 7%. Overseas, Japan's market had the worst day in its history, dropping over 12%. CBS News contributor J.D. Durkin has more. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as and Paramount and live in 91 countries. Subscribe to the CBS News YouTube channel: Watch CBS News 24/7: Download the CBS News app: Follow CBS News on Instagram: Like CBS News on Facebook: Follow CBS News on X: Subscribe to our newsletters: Try Paramount free: For video licensing inquiries, contact: licensing@