Europe crisis fears drive US markets down; Wal-mart scandal hits shares
April 23, 2012 | Duration: 22 min, 57 sec
Fears of uncertainty in Europe drives selling pressure in the US markets. Dutch Prime Minister Mark Rutte tendered his government's resignation in a crisis over budget cuts, creating a political vacuum in a country. In France, President Nicolas Sarkozy appealed directly to far right voters with pledges to get tough on immigration and security. Swiss multinational Nestle strikes a deal to buy Pfizer's baby food business for $11.85 billion. Wal-Mart de Mexico SAB saw the biggest sell-off in 17 years.