Stocks Close Lower on Poor GDP, Housing; Citigroup Dives

Now watching

Next video starts in : 7 Play

Stocks Close Lower on Poor GDP, Housing; Citigroup Dives

Stocks Close Lower on Poor GDP, Housing; Citigroup Dives
Replay video
Up next

David Guetta - David Guetta

Unlock your personal NFL Now stream by signing in to NFL.com

Stocks Close Lower on Poor GDP, Housing; Citigroup Dives

by TheStreet.com Videos 1:52 mins

Stocks Close Lower on Poor GDP, Housing; Citigroup Dives

by TheStreet.com Videos 1:52 mins

Markets closed lower after poor GDP and housing data despite a fall in weekly jobless claims. Tensions in Ukraine persist, with Obama warning over further sanctions for Russia. Citigroup shares fell and several financial stocks nosedived after failing to meet the Fed Reserve's stress tests. Some traders suggest investors are using volatility to take profits in more speculative sectors such as biotechs and technology as the S&P fails to hold above 1850. Jane Searle reports from the NYSE.

Must Watch

Must Watch

  1. David Guetta - David Guetta

  2. 1:46

    Kenny Chesney "Spreads The Love" To Boston Marathon Survivors

  3. 2:22

    Which Celeb Has The Biggest Tongue At The VMA Red Carpet?

  4. 2:15

    Swarm of 50,000 Bees Found Inside Home

  5. 7:12

    Trump University and the "litigation circus"

  6. 2:59

    More dominant athlete: Serena or Rousey?

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless