KQED Nightly Business Report October 4, 2011
>> susie: good evening everyone. a grisly start to the fourth quarter on wall street. the major averages tumbled today as much as 3%, moving stocks closer to bear market territory, tom. >> tom: susie, investors were startled by news that greece will miss deficit reduction targets it agreed to as part of its bailout deal. concerns about europe continue to impact trading here in the u.s. at the bell, the dow plunged 258 points. the nasdaq lost almost 80 and the s&p fell 32. trading volume starts the week on the heavy side. 1.4 billion shares moving on the big board, 2.5 billion on the ...