Europe Woes Sink The Markets: Here Are The 10 Trades To Watch Right Now

Markets are falling today due to increased worries over the state of Europe’s fringe and the banks that could be impacted by the sovereign debt fallout.

  • Dow down 0.71%
  • NASDAQ down 0.73%
  • S&P 500 down 0.87%
  • DAX down 0.70%
  • CAC 40 down 1.27%
  • FTSE 100 down 0.57%

Financials the big losers today on sovereign debt worries

Barclays the biggest loser

Company may have hired new CEO, but they're not free from sovereign debt worry.

Rio Tinto down on Australian mining tax concern

labour pulls out the election, and puts the mining tax back on the table.

Steel producer POSCO rising

POSCO set to become the world's biggest steel producer.

Insurance ETF getting hit

Spain ETF getting hit over sovereign debt concerns

Gold price surging, up 0.52%

Euro falling, down 1.20%

Crude oil also collapsing, down 1.89%

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