NEW YORK ( TheStreet) -- The markets sagged Thursday over persistent concerns about the European debt crisis.
The Dow Jones Industrial Average fell 113.96, or 1.05%, to 10,782.95, and the S&P 500 dropped 14.24, or 1.22%, to 1,157.43. The Nasdaq sank 30.66, or 1.26%, to 2,394.36.
Gary Kaminsky on CNBC's "Fast Money" TV show that Wall Street smells a global settlement of the banks that have been suspected of misleading investors about mortgage-backed bond deals. "There will be one settlement and it will be over."
Guy Adami said it's possible to make the argument that the market uncertainty extends beyond the financials to the economic uncertainty in China, Cisco's (CSCO) earnings and troublesome retail earnings.For a breakout of some stocks from a recent "Fast Money" TV show, check out Dan Fitzpatrick's "3 Stocks I Saw on TV."
3 Stocks I Saw on TV
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