|MATTHEW CRAFT and PALLAVI GOGOI, AP Business Writers|
The Dow Jones industrial average was down 60 points to 12,443 in late afternoon.
The Dow was sharply lower for most of the day, then moved higher in late afternoon trading. It was down as many as 191 points at midday. The Dow has lost 6 percent this month, nearly wiping away all of its gains for the year. It has risen only three days in May.
Analysts and investors have turned increasingly skeptical this month that European leaders will prevent
Plenty of good ideas to buttress
"There are all these great ideas," Zemsky said. "But there's nothing yet. There's a lot of talk and no follow through."
Benchmark stock indexes dropped 2.3 percent in
The euro continued to fall against the dollar, reaching
In other trading, the Standard & Poor's 500 index fell 9 points at 1,307. The Nasdaq composite index dropped 15 points to 2,824.
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