US Stocks Fall on Weakening Recovery
68 views · Published 16 August 2010 · 2:25 · Indexed 20 September 2026
Channel: Voice of America · 2010 · News & Politics
U.S. stocks fell for a third day as disappointing earnings and economic news showed signs of a weakening recovery. The Dow Jones Industrial average fell more than 60 points before the opening bell on Thursday after technology giant Cisco posted weaker than expected growth. The Dow has fallen more than 300 points since Tuesday, after the Federal Reserve lowered its assessment of the U.S. recovery. New jobless claims announced on Thursday only added to the sour mood. Mil Arcega has more.
