Markets fall as relief over Spain bank rescue fades
A burst of enthusiasm over a rescue of Spanish banks melted away within hours Monday, and investor anxiety about the troubled finances of Europe grew on both sides of the Atlantic. On Wall Street, stocks opened sharply higher but sank all day. Selling accelerated in the last hour of trading, and the Dow Jones industrial average closed down 142 points. More alarming, bond investors signaled that they are less confident about lending money to the governments of both Spain and Italy, which investors fear will be next to seek help.