Europe crisis fears drive US markets down; Wal-mart scandal hits shares

PUBLISHED ON: April 23, 2012 | Duration: 22 min, 57 sec

  
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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.
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