Summary Box: Stocks fall for 2nd day on questions about fallout from Greece debt problems

By AP
Wednesday, May 5, 2010

Summary Box: Stocks extend slide on Greece fears

ANOTHER SLIDE: The Dow Jones industrials lost 59 points Wednesday on continued jitters about whether a bailout for debt-strapped Greece will be sufficient. The Dow has fallen 284 points in two days, the steepest slide in three months.

AWAITING ANSWERS: Traders dumped stocks on concerns that problems in Greece would spread. Moody’s Investors Service warned that it could cut Portugal’s credit rating.

JOBS WATCH: Payroll company ADP said private employers added 32,000 jobs last month. That was above expectations. The government’s April employment report is due Friday.

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