Wall Street down on Spanish aid terms, Greek elections

by Blog Burger on June 11, 2012

Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) – Stocks fell on Monday, led lower by financial and material sectors, as a closer look at the euro zone aid package for Spanish banks disappointed investors and as market volatility rose ahead of the upcoming Greek elections. Spain will be lent up to 100 billion euros ($ 125 billion) to help the country's battered banks. The size of the package was larger than expected, partially removing a cloud that has been hanging over financial markets. …

Business News Headlines – Yahoo! News

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