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10/18/11

Europe's debt crisis sticks around, and shares fall - by Christine Hauser


Despite strong gains in the previous week, stocks on Wall Street retreated Monday, following European markets lower as the outlook for a broad solution to the European debt crisis appeared to wane. 

It was a quiet start after Friday's upswing, which pushed the Dow Jones industrial average and the Nasdaq indexes above their levels from the start of the year. The broader market, as measured by the Standard & Poor's 500-stock index, rallied nearly 6 percent last week. 

For more: Europe's debt crisis sticks around, and shares fall - San Jose Mercury News

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