Market recap: A wave of red ink washed over the final trading hour, triggered by a downbeat...

|By:, SA News Editor
Market recap: A wave of red ink washed over the final trading hour, triggered by a downbeat Fitch report on U.S. bank exposure to Europe. UniCredit's request for more access to ECB borrowing spotlighted Italy's funding concerns, Bank of England said Europe’s economy is worsening, and crude oil's pop above $102 sparked new recession fears. NYSE decliners led advancers three to one.