Italy Political Crisis Hits Financial Markets

Fears over Italy’s political upheaval spread to Wall Street after Europe’s financial markets closed lower. The prospect of fresh elections and the possibility of eurosceptic parties strengthening their position has raised concern about the eurozone’s stability. The Dow Jones index shed 1.6% and the S&P 500 lost 1.2%, coming after Italy’s FTSE MIB closed down 2.7% […]