Stocks Give Up 3% In Wild Week
After a wild week on the street, stocks once again closed in the red. The economy added 80,000 jobs in October, disappointing economists who were looking for more. MF Global Chairman and CEO Jon Corzine resigned. Groupon soared nearly 50% in its market debut. Its initial public offering was priced at $20, above the expected range of $16 18 per share. Starbucks posted a $359 million net income, up 29% percent from a year ago.