Credit fears grip Wall Street

Nov. 9 - U.S. stocks were down sharply on Friday after Wachovia Bank and Capitol One added to fears the impact of the credit crunch is spreading. A disappointing full-year outlook from wireless technology company Qualcomm added further pressure to the market. Speaker: Art Hogan, chief market strategist, Jefferies and Co. Conway G. Gittens reports from New York. [ go to Youtube.com ]

Time : 2 min
Added : 09/11/07 22:31
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