Wall St sees longest slump since August; Euro slips on Greece fears

PUBLISHED ON: May 9, 2012 | Duration: 25 min, 12 sec

   
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Wall Street continues to be under pressure for the sixth consecutive day on fears of Greece turmoil. Spanish banks are hit as the govt plans to set aside up to 50 billion euro in additional provisioning as part of its efforts to overhaul the country's financial sector. Meanwhile, Euro slips on fears of Greece exiting the eurozone after the country's second biggest party said it would rip up a bailout deal following the weekend elections.
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