October 10, 2012 at 15:11 PM EDT
Stocks Keep Falling after Beige Book Details ‘Modest’ Recovery
The Beige Book, like its namesake color, did not cause a thrill when it was released at 2 p.m. Stocks have continued their gradual descent, and the Dow was recently down 125 points, or 0.9%. The S&P 500 was down 9 points, or 0.6%. Weaker forecasts from Alcoa (AA) and Chevron (CVX) appear to be [...]
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