analysis: for u.s. traders, europe's close is time to buynew york (reuters) - u.s. stock investors have been so concerned about europe recently that on some days, the mere closing of the region's big stock markets has been enough to spur buying. the standard & poor's 500 index is down 6 percent so far in may. much of the drop can be tied to the euro zone's worsening outlook. the worry has escalated to the point where u.s. stocks have put ...europe's silly solution and failures of state and local governmentseurope may be headed for a breakup of the euro and government-style bankruptcy filings. the u.s. isn't faring much better.europe markets: europe stocks choppy as spain, banks weighseuropean stock inch higher in choppy action in tuesday as miners rise on hopes for further growth stimulus in china, while concerns about the spanish banking system weigh on sentiment.europe concerns cause u.s. stocks to plummetfear about europe's financial stability caused traders to retreat from most investments seen as risky wednesday, punishing u.s. stocks and pushing the yield on the benchmark 10-year treasury note to a record low. |
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