Political Divides Hurt U.S. Stocks, Good for Banks

Oct. 3 (Bloomberg) -- Bloomberg's Dominic Chu breaks down the struggle faced by stocks during presidential elections and highlights the sector that is hit the hardest. He speaks on Bloomberg Television's "In The Loop."
Greece Backs Tsipras’s Rejection of Further Austerity
38:40 - Greece voted against yielding to further austerity demanded by creditors, leaving Europe’s leaders to determine if the nation can remain in the euro. In other developments, outspoken Greek Finance Minister Yanis Varoufakis resigned, giving Greece a chance to lower the temperature on its often confrontational interactions with other European countries.
  • Referendum Increases Levels of Uncertainty: Sorrell
  • Easier to Strike Deal With Varoufakis Gone: Pissarides
  • The Way Back for Greece Isn’t Going to Be Smooth: Diebel