Monday, June 11, 2012

Irrational Exuberance: Spanish Markets Close 6% Off Interday High

From Bespoke Investment Group:
What started off as a monumental rally for Spanish stocks earlier this morning has turned into major disappointment now that its equity market has closed.  After trading up as much as 6.2% in early trading, Spain's benchmark IBEX 35 index actually finished down on the day!...MORE