U.S. Stock Market Wrap

Dec. 4 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks fell, sending the benchmark Standard & Poor’s 500 Index lower for second straight day, after President Barack Obama held his ground about raising tax rates for the highest-income Americans.

Morgan Stanley's Zentner on Fed's Missteps
21:58 - Morgan Stanley Chief U.S. Economist Ellen Zentner discusses the U.S. economy, Fed policy and the 2016 presidential election. She speaks on "Bloomberg Markets." (Source: Bloomberg)
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