U.S. Stocks Extend Global Drop on Economy Concern: Video

Oct. 28 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity...  More »

Oct. 28 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks sank, extending a global slump, as an unexpected decrease in new-home sales added to concern the seven-month rally in equities outpaced prospects for economic growth. The dollar rose against most major currencies and Treasuries gained, while oil and metals tumbled. (Source: Bloomberg)  « Less