Stocks extend slide up to 5 days, the longest in this year

The stock market extended its longest and deepest decline of the year Tuesday, between a recurring nightmare of the European debt crisis and the beginning of uncertain corporate earnings reports at home caught Cheap Air Max 90 .
The Dow Jones industrial average fell 213,66 points, the biggest decline of the year and third triple-digit loss in four days. He graduated at 12,715.93, its lowest level since 2 February.
A five run of bad luck has about 550 points late on the Dow, about half what he shaved won from January to March.
In Europe, the intensified Spain, and the interest charges for Spain and Italy significantly increased concerns about the financial health. Spain borrowing costs crept closer to levels, to find that in other countries forced bailouts.
Was sold to European markets from while Wall Street is still sleeping. The main stock indices in Spain and France closed down about 3 percent, corresponding to a 400-point drop on the Dow. Shares fell 2.5 percent in Germany and 2.2 per cent in the UK.
"You have managed to put a band-aid on the debt crisis, but there really is no solution", Colleen Supran, principal at the investment advisor said Bingham, Osborn & Scarborough. "And Spain is a much larger problem than Greece."
The yield on the 10-year Spanish bonds rose by nearly 6 percent. The point at which Governments can no longer afford and need to seek bailouts to raise money on the international bond markets is generally regarded as 7 percent.
The 7 percent level forced Greece, the last focus of the European debt crisis, to seek the rescue loan. But Spain's economy is more than five times as large as Greece.
In the United States, investors for a profit awaited report from Alcoa, the aluminium manufacturer, scheduled for just after the terms. Alcoa is the first of the 30 stocks in the Dow to its earnings report.
After nine consecutive quarters with profit growth, analysts think the result is going to be flat this time. Better performance than the market could decline, but a weaker truncation stop could accelerate selling.
Alcoa shares fell 2.9 percent before the report, compared to a decline of 1.7 percent for the broader standard & poor's 500.
"What you want to give it to whatever qualifications - it is because of the cost-cutting measures, she put out a lot of people - the result were a ray of hope", said Adrian day, President of Adrian day asset management in Annapolis, Maryland,"when would be the spinning, that would be so to speak the last leg on the stool, leaving over be."
Investors have found a lot of Federal Government first after the strongest quarter for stocks since 1998.
The run of bad luck began last Tuesday, when the Federal Reserve said that job growth is concerned about the strength and suggested she was not inclined to provide more help for the economy.
The Dow Jones fell 204 points in three days. It 131 more fell on Monday, investors could for the first time to a report, to respond to the much weaker job growth in March than in the three previous months.
Then, on Tuesday, the National Federation of independent business reported a drop in its small business optimism index, the first decline after six months profits.
Contributed this report shares tap down on the open and to take care of, with Europe, she dropped throughout the day. The S & P ended 23,61 points to below, its worst one-day drop this year, at 1,358.59.
The Nasdaq composite index that randlage a win in one of the last four days ended after 55.86 points Nike Air Max , the worst performance this year at 2,991.22. She joined under 3000 for the first time in a month.
Cyclical consumer goods stocks, which include tour operators, clothing stores, and cable companies, the worst segment of the market decreased by 2.4 percent as a group,.
Financial stocks fell almost as much and also providers and health care stocks, which are more reliable in times of economic uncertainty, went up more than 1 percent each.
The worst stock in the Dow was the Bank of America, that in one fell swoop, if concerns about Europe tends to be stronger. Bank of America fell 4.4 percent.
The deal was the most active 16, 4600000000 shares since March.
Last year, the Dow longest losing streak was an eight-day, 858 points jump in July and August, with the Congress, border argue about the national debt and downgraded just before the S & P rating agency of United States
On Tuesday, the dollar and US Treasury prices, as investors v rose
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