U.S. equities made a hopeful bounce into the clam testimony. This seemed to help European indices a bit, but have now closed in vice territory.
Italy is closing down 4.89% while Spain is off 3.7% France and Germany are off by more than 2%.
U.S. markets are mixed where the S&P and NASDAQ have pared most of their gains, the DOW is up 70 points.. Oil is more or less the same off $0.52.
Gold is up $27.
