Stelter wrote, “Despite being dark on Monday, CNBC says it has an advantage in its nearly 20 years of experience. ‘This is not the first time weâ€™ve had a market selloff,’ the CNBC anchor Melissa Francis said Tuesday morning. ‘Weâ€™ve been through this before, weâ€™ll get you through it again.’
“The network showcased its top talent on Tuesday, positioning Jim Cramer, the high velocity host of the 6 p.m. show ‘Mad Money,’ on the floor of the New York Stock Exchange alongside co-host Erin Burnett for the opening bell. As the Newsday television critic Verne Gay wrote: ‘What would a panicky day be without Jim?’
“The early coverage on Fox Business did not seem quite as dramatic, but it did not down-play the market tumult either, as might be expected from a network that says it takes a pro-business perspective.
“‘All 50 members of the Fox 50 are all down big-time,’ Fox Business anchor Alexis Glick said three minutes into the trading day, referring to the networkâ€™s index of household-name stocks.”
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