AOL.com Video - U.S. Stocks Slide for Third Day

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U.S. Stocks Slide for Third Day

Description:U.S. stocks slide for a third day, as jitters continue over Europe. Investors and traders focused on the falling euro and rising Italian bond yields, one day after the Federal Reserve warned turmoil in Europe threatens the U.S. economy. The euro dipped below a psychological barrier of $1.30, as it becomes apparent there's no quick fix to Europe's debt crisis. All of which is putting pressure on crude oil, which is traded in dollars. U.S. crude down nearly $4 early on to less than $97 a barrel. (1:58)

Source: Reuters

Tags: U.S. Stocks Slide for Third Day , europe economy , europe effect on us economy , financial news