Worries About Europe’s Debt Crisis Led U.S. Stocks Lower
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.