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Concerns Over European Debt Weighs on Wall Street
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FBN’s Robert Gray breaks down the day in the markets.
- Duration 0:54
- Date Jul 20, 2012
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FBN’s Robert Gray breaks down the day in the markets.
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I'm Robert -- your Fox Business breathe fills a tough day for the -- renewed concerns over the European debt crisis sparking a sell off in stocks the closing bell.
The Dow -- down a 120 points -- loss of about 1%.
Meanwhile investors were bullish over the two latest technology companies making their Wall Street debuts shares of software security firm Palo Alto networks and online travel company -- both soared today.
Other companies price their initial offerings well above their expected ranges.
Funding for start -- fell by 12%.
In the second quarter.
As venture capitalists invested less that's according to the money -- report from PW CN the National Venture Capital Association.
The report says -- 898 deals were completed during the quarter.
That's down 15% from a year ago and that is the latest from the Fox Business Network giving you the power to prosper.