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.stocks pop even though europe still rotslots of news out of europe all weekend, as they sort through the mess that's been exacerbated ever since hollande got voted in. the combined austerity approach of germany and france changed, and so did greece's stance on the rules implemented for them to keep getting perched up.be greedy in europethe debt crisis in europe makes it understandable why investors have ignored it. but the region’s current valuations make it attractive.u.s. shuttle diplomacy seeks to pull europe back from brinkwashington (reuters) - the obama administration is engaged in a fresh round of shuttle diplomacy to nudge european union leaders into decisive action to prevent europe's widening crisis from undermining the u.s. and global recoveries. officials in washington believe the u.s. banking system is in sound enough shape, but they know from the collapse of lehman brothers in 2008 and the asia cris... |
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