Europe closes pretty near the lows of the day. Stoxx 50 -4.7%, Germany -4.9%, Italy -4.1%, Spain...

|By:, SA News Editor

Europe closes pretty near the lows of the day. Stoxx 50 -4.7%, Germany -4.9%, Italy -4.1%, Spain -4.6%, France -5.1%. The U.K. - like the U.S., escaping much of the continent's carnage thus far - dives 4.7%, as the materials/mining sector gives in. The euro -0.8% at $1.3467.