Reuters
Business
Euro hit by Spain woes, Global stocks rise
Tue, May 29 16:59 PM EDT

By Herbert Lash and Steven C. Johnson

NEW YORK (Reuters) - The euro neared a two-year low on Tuesday as investors fretted about Spain's troubled banking system, but global stocks jumped on speculation Greece would stay in the euro zone and news that China would take new measures to stem an economic slowdown.


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