U.S. Stocks Fall as Spain Downgrade Reignites Credit Concern

Posted on May 28, 2010 by admin

U.S. stocks slid, capping the worst May for the Dow Jones Industrial Average since 1940, as a downgrade of Spains debt spurred concern the European credit crisis will worsen and energy shares sank on President Barack Obamas moratorium on new deepwater drilling permits.

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