European markets close just off the lows for the day. Spain down 7 percent, Italy and Portugal and France down 4 percent, Germany down 3.5 percent.
Europe weak all morning as the euro easily broke through $1.25, now at $1.238.
U.S. markets also just off lows for the day; if history is any guide, we should stabilize now that Europe is closed.
_____________________________
Bookmark CNBC Data Pages:
_____________________________
_____________________________
Questions? Comments? tradertalk@cnbc.com
