Summary Box: Stocks slide as euro worries persist

AP News
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Posted: Dec 14, 2011 5:23 PM
Summary Box: Stocks slide as euro worries persist

THE DOW: The Dow Jones industrial average fell for a third day in a row as a growing sense that Europe's leaders have failed to contain that region's debt crisis swept through financial markets Wednesday.

WARNING SIGNS: Italy's borrowing rates ratcheted higher and the euro slid below $1.30 for the first time since January, two signs that the debt crisis continues to pressure Europe's governments. The euro has lost more than 3 percent in three days.

LESS PRECIOUS: Gold dropped 4.6 percent to settle at $1,586, the lowest closing price since July.