As of February 4, U.S. stock markets fell as a result of worries related to the European debt crisis. Possible political uncertainty in Europe led the increases in Spanish and Italian bond yields, lowering most of the global stock markets. Thus S&P 500 and Dow Jones Industrial Average fell by 1.15% and 0.93%, decreasing to 1,495.71 and 13,880.10, respectively.
- Fears About Possible Political Uncertainty in Spain and Italy Lowered Markets
- Euro Area Concerns Led Asian Markets Lower