Market recap: This just in - the European sovereign debt crisis has not been solved. Spanish...

|By:, SA News Editor
Market recap: This just in - the European sovereign debt crisis has not been solved. Spanish bond yields surged, and markets in the U.S. and Europe reacted with their worst losses of the year. If Spain spins out of control, the worry is the European crisis will mushroom again and we can kiss the YTD stock gains in the U.S. goodbye. NYSE decliners routed advancers five to one.