NEW YORK (MarketWatch) -- A downgrade of Spain's debt rating rekindled investors' broader fears about European credit sparking a sharp decline in stocks in the last session of May, which saw the market's worst monthly drop since February 2009...
The Dow ended down 7.9% for May, its biggest monthly drop since February 2009, when it was still on its way to the lows of the last bear market. The measure also snapped a three-month winning streak and set its worst percentage performance for May since 1962.
Friday, May 28, 2010
Stocks End May Down 8% -- Biggest Monthly Drop Since February 2009!
