Barry Bonds Sentenced On Obstruction Of Justice Conviction
SAN FRANCISCO, CA – DECEMBER 16: Former Major League Baseball player Barry Bonds (C) is flanked by security guards as he leaves federal court following a sentencing hearing on December 16, 2011 in San Francisco, California. Bonds was sentenced to 30 days of home confinement and two years probation after a jury found him guilty on one count of obstruction of justice and was a hung jury on three counts of perjury for lying to a grand jury about his use of performance enhancing drugs.
Stocks Close Down; Commodities Slammed.
Worries over European debt again plagued Wall Street, sending stocks down at the close for a third straight day in a selloff that also hit commodities and energy stocks hard.
The Standard & Poor’s 500 and Dow industrials lost about 1 percent each, with energy down nearly 3 percent. All 10 S&P 500 sectors were negative with materials and industrials also getting hammered. Financials and health care were closest to positive territory.
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