WHYY Nightly Business Report July 10, 2014
There was nothing normal about the trading session. Investors dumped stocks from europe about the Financial Health of a big but relatively little known bank in portugal. It missed some debt payments that stirred up worries of a repeat of the european banking crisis from a few years ago. But then, comments from many market pros here in the u. S. All day long reassured investors the fundamentals had not really changed and stocks made a uturn. By the end of the day the dow lost 70, nasdaq off 22 and s p slipped eight points. Todays losses followed a big sell off over in europe, not only because o...