We Haven't Seen The Spanish Stock Market Get Slammed Like This For A Long Time
Feb 1, 2013, 14:01 IST
The Spanish stock market is having one of those mornings that we haven't seen in awhile.
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While most European markets are up (Italy, Germany, etc.), Spain is getting slammed.
It's main IBEX index is down nearly 2%, and banks are getting hammered.
The decline is not related to today's PMI release, and in fact the market is up a bit since that data came out.
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Jamie McGeever of Reuters tweets what's going on in the banks.