Investors give thumbs down to Spanish bank rescue
June 11, 2012
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The Williams Capital Group, an investment bank in New York. "No one likes a situation that's to be determined."
Spanish bank bailout could cost $125 billion
Will Europe tip the world into recession?
Fitch downgrades two Spanish banks
The Dow Jones industrial average opened up almost 100 points but sank all day and closed down 143 points at 12,411.23. The Standard & Poor's 500 index fell 17 points to 1,309, and the Nasdaq composite declined 49 points to 2,810.
European countries committed over the weekend to lend Spain up to $125 billion to distribute to its banks, which have
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