Detailed text transcripts for TV channel - MSNBC - 20111122:10:16:00
Selloff on monday. volatility seized wall street in late july when congress was debating the debt limit and it returned yesterday when the so-called super committee quit on a deal. energy and tax were hardest hit. all 30 dow stocks fell. most kmom tis fell. moody's warned it may downgrade france from aaa due to the debt crisis pushing up french borrowing costs. one good sign. despite the super committee, investors still see american debt as safe. high demand pushed the treasury yield below 2%. gilead science is buying farm set for $11 billion. allegheny confirmed it's buying transatlantic hold...