Summary Box: Stocks slide on tremors from Europe

AP News
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Posted: Apr 23, 2012 5:28 PM
Summary Box: Stocks slide on tremors from Europe

EUROPE, AGAIN: The Dutch government collapsed Monday, a day after Nicolas Sarkozy lost the first round of France's presidential election. A report said European government debt is piling up despite severe budget cuts.

RIPPLE EFFECTS: U.S. stock indexes fell, but not as hard as in Europe. The Dow Jones industrial average lost 0.8 percent. France's CAC-40 index dropped 2.8 percent, wiping away all its gains for the year.

HEADING SOUTH: Wal-Mart Stores sank 4.7 percent. A report in The New York Times that said the company shut down an investigation into bribery by executives at its Mexican unit.