Arab Today, arab today spain greece pressure stocks
Last Updated : GMT 12:18:19
Arab Today, arab today
Arab Today, arab today

Spain, Greece, pressure stocks

Arab Today, arab today

Arab Today, arab today Spain, Greece, pressure stocks

New York - UPI

U.S. stocks skidded early on Wall Street Monday as financial troubles in Europe undercut investor confidence. Stock indexes fell in Asia and Europe as benchmark 10-year Spanish bonds topped 7.5 percent Monday after the country\'s parliament passed a massive spending cut bill on Friday that included raising the sales tax to 21 percent. The news could mean that Spain will need more international aid above and beyond the $122 billion international bailout set up for Spanish banks. The so-called troika -- the European Commission, the European Central Bank and the International Monetary Fund -- is sending an auditing team to Athens to ensure Greece is in compliance with terms of its aid package. The ECB last week said it would not lend money to Greek banks until the audit was complete. In mid-morning trading on Wall Street, the Dow Jones industrial average lost 127.41 points or 0.99 percent to 12,695.16. The Standard & Poor\'s 500 index lost 18.92 points or 1.39 percent to 1,343.74. Tech-heavy Nasdaq composite index gave up 52.53 points or 1.80 percent to 2,872.77. The benchmark 10-year treasury note yielded 1.437 percent. The euro fell to $1.2117 from Friday\'s $1.2158. Against the yen, the dollar fell to 78.42 yen from 78.48 yen. In Tokyo, the Nikkei 225 index lost 1.86 percent, 161.55, to 8,508.32.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today spain greece pressure stocks Arab Today, arab today spain greece pressure stocks

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today spain greece pressure stocks Arab Today, arab today spain greece pressure stocks

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday