US stocks sank Tuesday as speculation about Greece’s potential exit from the eurozone was rife after the country’s political parties failed to forge a government.
US stocks closed firmly in the red Monday as Greece’s political stalemate and Spain’s banking problems drove new fears about the strength of the eurozone.
JPMorgan’s stunning $2 billion derivatives loss pummeled US stocks Friday, the bank‘s 9.3 percent fall pulling other bank shares and the main market indices down with it.