GO
Loading...

Global Markets Update: Europe Extends Losses as Wall Street Slumps

Monday, 30 Jan 2012 | 11:28 AM ET

Markets in Europe extend losses as Wall Street slumps. Bank stocks among the biggest losers. Yields fall in the latest 5- and 10-year auction of Italian debt. Negotiations between Greece and private-sector creditors continue. Underwriters hike cost of insuring Portugal bonds and want upfront payment. And Germany's Merkel to actively support re-election efforts of Frances's Sarkozy.