KBCW CBS 5 Eyewitness News At 10pm August 19, 2011
as much as 528 points. the dow ended the day down nearly 420 or about 3.7%. they closed below 11,000 again. the nasdaq lost 131 points. s and p lost 53. so what happened today to trigger that selloff? morgan stanley says the u.s. and european economies are close to a recession. jobless claims are up with about 408,000 people applying last week. home sales numbers are down nationwide for the third time in four months. and consumer prices jumped last month, sparking fears of inflation. and bay area businesses are fighting for their customers by taking on amazon. but not asking you to...
Source: archive.org