Detailed text transcripts for TV channel - MSNBC - 20111121:22:36:00
I'm brian sullivan with your cnbc market wrap. u.s. and european debt concerns sending stocks into a tailspin. the dow fell 248 point, the s&p down 22. the nasdaq giving up 49. investors not exactly surprised at the deficit cutting so-called super committee hasn't been able to reach a deal. but today's drop shows that complete failure wasn't necessarily priced in either. now, on top of that, you had rating agency fitch warning france that its aaa credit rating remains, quote, under pressure. this heightens fears that europe's debt contagion continues to spread. it was a broad decline across ev...