Friday Business Report: Stock Market Tumbles
Friday, October 12, 2018
KPBS anchor Ebone Monet and BottomLine Marketing co-founder Miro Copic discuss the week’s top business story.
Stock Market Sinks
Stocks made moderate gains Friday after suffering their biggest weekly loss in six months. Major U.S. indexes lost nearly 4 percent for the week. Miro Copic says the month of October tends to be a volatile period for Wall Street. He also says investors may have been worried over a recent spike in interest rates.
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