U.S. Stocks Extend Global Drop on Economy Concern: Video


Published: October 28, 2009 by RssFeed







Oct. 28 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today.
U.S. stocks sank, extending a global slump, as an unexpected decrease in new-home sales added to concern the seven-month rally in equities outpaced prospects for economic growth. The dollar rose against most major currencies and Treasuries gained, while oil and metals tumbled. (Source: Bloomberg)
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