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)
Audi U.S. Chief Keogh Says March Sales Surged 20%
00:30 - Scott Keogh, president of Audi of America, talks about the sales outlook for Volkswagen AG's premium brand and the demand for Audi's sport-utility vehicles. He speaks with Matt Miller from the New York International Auto Show on Bloomberg Television's "In the Loop." (Source: Bloomberg)
  • ADP Jobs Report Falls Short of Expectations at 189K
  • Here Comes a New Wave of Billion-Dollar Hedge Funds
  • March ISM Manufacturing Index Falls to 51.5