mulberry purse Spanish stocks tumble amid tur

Spanish stocks tumble amid turmoil

Speith ends surprising streak at Players ChampionshipJordan Spieth’s remarkable scoring streak finally came to an end on Sunday, but the .Sherwood pulls fan from the stands to act as managerTim Sherwood surrendered his last five minutes in charge of Spurs this season to .Off the boil Laois do enough to win o mulberry purse ver CarlowLaois 1 22 Carlow mulberry purse 0 14 Laois gradually imposed themselves on Carlow to record their .18/05/2012 09:10:02Back to Business HomeSpanish stocks have dropped sharply after ratings agency Moody’s downgraded its credit score of 16 Spanish banks in the latest blow to the troubled financial sector.The Ibex 35 index was off more than two points shortly after trading began today. Banks were among the biggest losers.Moody’s acted late yesterday, citing banks’ load of non performing loans amid a recession plagued economy, their creditworthiness and the government’s sovereign debt problems, among other woes.Those punished included Banco Santander, the eurozone’s largest bank by market capitalisation.Shares in Bankia, a recently nationalised bank, took a roller coaster ride yesterday, mulberry purse ending up sharply lower on reports depositors pulled out a a billion euro in a week.On the bond market the interest rate on 10 year bonds was unchanged at 6.25 %.Earlier, Asian stocks plunged after discouraging US economic reports unnerved investors already worried about the stability of the 17 country eurozone.Japan’s Nikkei 225 plummeted 2.4% to mulberry purse 8,660.23, as a strengthening yen battered the country’s behemoth export sector.