Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Citigroup Says Goldman Sachs Will Likely Post 3Q Loss

Details

  • Description

    FBN's Adam Shapiro breaks down late-morning market news.

  • Duration 0:55
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

I'm Adam Shapiro -- Fox Business -- stocks are mixed ahead of a vote in Slovakia to strengthen Europe's bail out funds Slovakia is the holdout among seventeen countries that use the Euro.

The Dow Industrials after rallying more than 300 points Monday are currently down nine points.

Shares of Goldman Sachs reversing earlier losses Citigroup says Goldman will likely post a loss in the third quarter marking the second quarterly loss.

In its history due in part.

To weakness across trading and investment banking.

And New York's comptroller says Wall Street could lose nearly 101000 jobs by the end of next year due in part of the European debt crisis.

And is struggling US economy that would bring the total number of lost jobs to 32000.

Since the economic crisis began in 2008.

Thomas to Napoli says the weakness threatens tax revenue from both New York City and New York State that's the latest from the fox.

Load More