U.S. Stock Market Wrap

July 23 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks declined, sending the Standard & Poor’s 500 Index down for a second day, amid concern Europe’s debt crisis is deepening and after a Chinese central- bank adviser said the nation’s economic growth may slow further. (Source: Bloomberg)
BOJ Doesn't Want to Exacerbate Yen Weakness: Brown
47:21 - The Bank of Japan doesn't want to exacerbate yen weakness and so is restrained in its ability to implement further quantitative easing, according to Brendan Brown, head of economic research at Mitsubishi UFJ Securities International. "I don't think they're going to be seen wanting to take any sort of provocative step," he said in an interview on Bloomberg Television's "Countdown" with Mark Barton, Manus Cranny and Anna Edwards. (Source: Bloomberg)
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