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| English: Puerta de Europa I (west building) in Madrid (Spain). (Photo credit: Wikipedia) |
A wild week on Wall Street came to a sour end on Friday, as reduced activity ahead of a long weekend saw stocks trade lower as the final bell approached amidst ongoing anxiety. Volatility seemed to have temporarily subsided, though a VIX north of 21 indicates that there is plenty of lingering anxiety among investors. Attention has generally turned to Spain, where financial giant Bankia is appealing to the government for what could be the largest bailout in the history of the country. Along with lingering concerns about Greece’s future in the euro zone, these developments helped to send European stocks lower and continue to cast a cloud over the region [see also 101 ETF Lessons Every Investor Should Learn].
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