Monday, 21 Nov 2011

Stocks fell for a fourth session on Monday, as the lack of progress in dealing with heavy debt both in the United States and Europe further sapped investor confidence in equities.
Risky assets like commodities also fell, sparking a selloff in shares of industrials and energy companies. Volume was lower than average, with investors more inclined to sit on the sidelines amid the uncertainty.
The Dow Jones Industrial Average lost almost 250 points, or 2 percent, after the special committee of Congress assigned to come up with $1.2 trillion in deficit cuts over 10 years indicated that there would be no deal.

Read more: http://www.moneynews.com/Headline/dow-stocks-global-debt/2011/11/21/id/418697