LONG SLIDE: The Dow Jones industrial average fell 63 points Tuesday, continuing a slide that has shaved off nearly 5 percent of its value in two weeks. Since hitting a four-year high on May 1 the Dow has fallen every day but one.

EUROPE NEEDLES: European politicians again proved their influence over global markets. After a Greek leader said attempts to form a government there had failed, the euro hit a four-month low, European stocks turned from gains to losses and U.S. stocks wobbled through much of the morning.

GREEN SHOOTS: Confidence among U.S. builders rose to a five-year high in May, setting off a weak, mid-morning rally for stocks.