European Stocks Decline After Bernanke Warning

European stocks dropped from their highest level in 18 months as Federal Reserve Chairman Ben S.Bernanke said the central bank’s plan to buy $45 billion a month of Treasury securities will fail to offset the fiscal cliff. U.S. index futures fluctuated, while Asian stocks gained.

Marketfield’s Shaoul Sanguine on Earnings, Equities
23:40 - Michael Shaoul, chairman and chief executive officer at Marketfield Asset Management, and Binky Chadha, chief global strategist at Deutsche Bank Securities, discuss the earnings season and market outlook overall. They speak with Bloomberg's Alix Steel, Jonathan Ferro and David Westin on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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