Topic: Steven Goldman
Stocks closed mostly lower Thursday after signs emerged that Americans are spending at a slower pace and that China's economy may be in worse shape than previously thought. The Dow Jones industrial average closed down 47 points at 12,896.
Stock prices mostly recover from a 149-point decline that traders attributed to an FBI raid on two hedge funds and worries about Ireland's bailout.
11/22/2010 05:22 pm