Business Update: U.S. joins sell-off

February 17, 2009

U.S. stocks fell 4 percent in early Tuesday trade amid fear efforts to ease the global economic recession were not working. The $787 billion economic stimulus bill soon to be signed into law by President Barack Obama did little to offset those concerns, since few expect the impact to be as powerful as earlier believed. Speaker: Art Hogan, chief market strategist, Jefferies Conway Gittens reports from New York.