The stage is set for Vice President Kamala Harris to announce her own VP pick, and the Dow drops 1,000 points after poor economic news.

Rally dates are set. Venues are chosen. The only thing missing for Harris' blitz is her VP choice

The dates are set. The venues are chosen. The only thing missing from this week's campaign blitz with Vice President Kamala Harris and her 2024 running mate is the name of the running mate.

After a weekend spent interviewing finalists, Harris must decide on her wingman before the two set off Tuesday on a tour across key battleground states where they will introduce the new Democratic ticket to voters and highlight the stakes of the election.

Everything about her campaign has been rapid-fire out of necessity. She's only been a candidate for a little over two weeks, since President Joe Biden bowed out of the race following a dismal debate performance and escalating calls within the Democratic party for him to step aside. The Democratic National Committee chair said on Friday that Harris had already secured enough votes to become the party's nominee and will accept the nomination Monday night when voting ends.

And about 8 in 10 Democrats say they would be somewhat or very satisfied if Harris became the Democratic nominee for president, according to a survey from The Associated Press-NORC Center for Public Affairs Research, which was conducted after Biden withdrew from the race.

Harris has had to do condensed vetting of her potential running mates as the party's convention draws near. That means there's not much time left for advocates for and against different picks get in their final licks.

Harris interviewed at least three running mate contenders on Sunday in Washington. They were Pennsylvania Gov. Josh Shapiro, Arizona Sen. Mark Kelly and Minnesota Gov. Tim Walz, according to a person familiar with the process. Three other men have been in the mix: Illinois Gov. J.B. Pritzker, Kentucky Gov. Andy Beshear and Transportation Secretary Pete Buttigieg.

Some congressional Democrats have promoted Kelly, a former Navy pilot and astronaut whose state has more than 370 miles or 600 kilometers of border with Mexico. They say his selection could help defuse Trump's arguments that the Biden-Harris administration's immigration policies are too relaxed.

Shapiro has prominent supporters, too, like Philadelphia Mayor Cherelle Parker. She caused a stir by posting a video Friday depicting several Philadelphia-area officials and Democrats promoting Harris, but also playing up Shapiro as her running mate. A person familiar with the mayor's thinking said she had no insider knowledge about Harris' intentions.

Both Kelly and Shapiro have seen their detractors become more vocal as Harris closes in on a decision.

Republican vice presidential nominee JD Vance to visit Wisconsin Wednesday

Republican vice presidential nominee JD Vance will visit Eau Claire, Wis., on Wednesday, Aug. 7, according to former President Donald Trump’s campaign.

Officials said he’ll deliver remarks to the press around 1 p.m. at Wollard International.

It comes on the same day as the Democratic presidential nominee Kamala Harris' visit to the Badger State, which is also taking place in Eau Claire. Timing and details on the location of her visit has yet to be released.

This will be Vance’s first visit to Wisconsin since accepting the vice presidential nomination at the Republican National Convention in Milwaukee in July.

No further details were released regarding the visit.

Dow drops 1,000 points in bleak day on Wall Street

A scary Monday that started with a plunge abroad reminiscent of 1987 's crash has swept around the world and pummeled Wall Street with more steep losses, as fears worsen about a slowing U.S. economy.

The S&P 500 was down by 3.1% in late trading and on track for its worst drop since 2022. The Dow Jones Industrial Average was reeling by 1,009 points, or 2.5%, with a little more than an hour remaining in trading, and the Nasdaq composite slid 3.8%.

The drops were just the latest in a global sell-off that began last week. Japan's Nikkei 225 helped start Monday by plunging 12.4% for its worst day since the Black Monday crash of 1987.

It was the first chance for traders in Tokyo to react to Friday's report showing U.S. employers slowed their hiring last month by much more than economists expected. That was the latest piece of data on the U.S. economy to come in weaker than expected, and it's all raised fear the Federal Reserve has pressed the brakes on the U.S. economy by too much for too long through high interest rates in hopes of stifling inflation.

Professional investors cautioned that some technical factors could be amplifying the action in markets, and that the drops may be overdone, but the losses were still neck-snapping. South Korea's Kospi index careened 8.8% lower, and bitcoin dropped below $54,000 from more than $61,000 on Friday.

Even gold, which has a reputation for offering safety during tumultuous times, slipped about 1%.

That's in part because traders began wondering if the damage has been so severe that the Federal Reserve will have to cut interest rates in an emergency meeting, before its next scheduled decision on Sept. 18. The yield on the two-year Treasury, which closely tracks expectations for the Fed, briefly sank below 3.70% during the morning from 3.88% late Friday and from 5% in April. It later recovered and pulled back to 3.88%.

"The Fed could ride in on a white horse to save the day with a big rate cut, but the case for an inter-meeting cut seems flimsy," said Brian Jacobsen, chief economist at Annex Wealth Management. "Those are usually reserved for emergencies, like COVID, and an unemployment rate of 4.3% doesn't really seem like an emergency."

Of course, the U.S. economy is still growing, the U.S. stock market is still up a healthy amount for the year and a recession is far from a certainty. The Fed has been clear about the tightrope it began walking when it started hiking rates sharply in March 2022: Being too aggressive would choke the economy, but going too soft would give inflation more oxygen and hurt everyone.

Goldman Sachs economist David Mericle sees a higher chance of a recession within the next 12 months following Friday's jobs report. But he still sees only a 25% probability of that, up from 15%, in part "because the data look fine overall" and he does not "see major financial imbalances."

Some of Wall Street's recent declines may simply be air coming out of a stock market that romped to dozens of all-time highs this year, in part on a frenzy around artificial-intelligence technology. Critics have been saying for a while that the stock market looked expensive after prices rose faster than corporate profits.

"Markets tend to move higher like they're climbing stairs, and they go down like they're falling out a window," according to JJ Kinahan, CEO of IG North America.

He chalks much of the recent worries to euphoria around AI subsiding, with pressure rising on companies to show how AI is turning into profits, and "a market that was ahead of itself."