Stocks End with Sharp Losses
Stocks closed sharply lower on Monday, with the major averages breaking below their May lows, as negative corporate headlines weakened investor confidence in Wall Street. The tide of bad news included the abrupt resignation of the CEO of a major conglomerate amid reports he was the subject of a tax evasion probe, and the apparent suicide of the CFO of a large energy company.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.