Stocks Close Lower, Dragged Down by Telecom

Jan. 8 (Bloomberg) -- Gigi Stone recaps the day's market timeline. She speaks on Bloomberg Television's "Bloomberg Rewind." (Source: Bloomberg)
Baoding Tianwei Says It Has No Money to Pay Debt
49:56 - Another Chinese company is saying that it may not meat its interest payments which are due today. Bloomberg’s Christine Hah reports on “Trending Business.” (Source: Bloomberg)
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