Daily Market Wrap: November 20, 2012

Market News Video
November 20, 2012 AT 10:07 PM
The markets held onto gains earlier in the day but reversed course after investors were discouraged by remarks from Fed Chairman Ben Bernanke regarding the fiscal cliff. The Commerce Department is reporting a 3.6 percent increase in housing starts in October, to a seasonally adjusted 894,000, marking a four-year high.