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.europe's deepening crisis drags wall street lowernew york (reuters) - stocks tumbled on wednesday as surging bond yields in spain and italy ratcheted up tensions in financial markets about europe's ability to solve its growing debt crisis. angst over europe drove investors away from risky assets and into safe havens. u.s. treasury benchmark yields fell to their lowest in at least 60 years, prices for crude fell more than 3 percent and the...us-europe ties could bind obama on syria unrestpower play: obama is torn as european allies seem uninterested in military action to address syria crisis romney clinches gop nomination opinion: what the 2012 election needs to be abouteurope's woes not slowing genpacttiger tygarajan, ceo of genpact, says the company has been growing smartly in europe despite the region's economic turmoil. |
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