KQED Nightly Business Report February 4, 2014
Good evening, everyone. Sell, sell and more selling. That was the story on wall street today. On this first trading day of february, stocks got slammed. Market pros have been calling for correction and it looks like the major market averages edge closer to correction territory today. So what happened . A weak report about Manufacturing Activity in the u. S. Worried investors, adding to the anxiety china reporting that its factory sector is also not growing much. That was enough to push the major averages down 2 or more in one of the most volatile days in trading in switch months. Here are the ...