analysis: for u.s. traders, europe's close is time to buynew york (reuters) - u.s. stock investors have been so concerned about europe recently that on some days, the mere closing of the region's big stock markets has been enough to spur buying. the standard & poor's 500 index is down 6 percent so far in may. much of the drop can be tied to the euro zone's worsening outlook. the worry has escalated to the point where u.s. stocks have put ...europe markets: europe stocks slump after spain downgradeeuropean stock markets trade sharply lower on wednesday. spanish stocks tumble and bond yields surge after the country’s debt was pushed further into junk status late the prior day.market snapshot: europe, fed-watching to dominate next weekas spain upstages greece in the negative attention department and u.s. indicators suggest a further backslide in the economic recovery, investors anticipate the release of the next "QE3."europe's silly solution and failures of state and local governmentseurope may be headed for a breakup of the euro and government-style bankruptcy filings. the u.s. isn't faring much better. |
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