Markets News
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U.S. stocks fell, putting the Standard & Poor’s 500 Index on pace for its worst month since September, as housing data disappointed while concern grew about Greece’s future in the euro and the health of Spanish banks.
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Canada’s dollar depreciated by the most in a week as turmoil in the Spanish banking sector boosted demand for the perceived safety of the U.S. dollar and yen and sent the euro to a two-year low.
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Chinese equities traded in New York fell, extending the index’s loss this month to the biggest since September, on speculation a manufacturing report tomorrow will signal Asia’s largest economy is slowing.
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Wisconsin Republican Governor Scott Walker leads Democratic Milwaukee Mayor Tom Barrett by 7 percentage points in the state’s June 5 recall election.
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