D led the financial sector lower after the U.S. Se

Wall St drops on euro-zone fears, credit card reform - Giełda w .pl InneWięcej 14 maja, 19:22 Odsłuchaj A A A Wall St drops on euro-zone fears, credit card reform Tagi: , U.S. stocks fell, with the and off 2 percent or more on Friday on worries that heavy -zone debt loads could stymie a global recovery, while Visa and MasterCard led the financial sector lower after the U.S. Senate backed limits on card fees. The initial optimism over moves to stem the -zone debt crisis ebbed on concerns the efforts won't be enough, and that plans to rein in national budgets could stifle growth. Deutsche Bank's chief executive, who had helped to craft a private-sector bailout package for Greece, said he doubted Athens could repay its debt, adding that a new $1 trillion euro-zone rescue would help stabilize Italy and Spain. The euro fell to an 18-month low against the dollar and global shares sharply while gold hit record highs. But when gold failed to break through $1,250 an ounce, it sold off
D led the financial sector lower after the U.S. Se