U.S. Stocks Drop on Decline in Consumer Data, CIT Threat: Video
357 views · Published 23 March 2012 · 2:03 · Indexed 21 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
Oct. 30 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today.
U.S. stocks tumbled, ending a seven-month streak of gains for the Standard & Poors 500 Index, as declines in consumer confidence and spending and the threat of a CIT Group Inc. bankruptcy raised concern over the durability of the economic recovery. The dollar and Treasuries gained, while commodities retreated. (Source: Bloomberg)
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