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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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S&P 500’s losing streak hits five


SAN FRANCISCO (MarketWatch)
U.S. stocks finished lower Wednesday, with the S&P 500 index logging its fifth-straight session of losses as concerns over the euro zone intensified
The S&P 500 fell 8.27 points, or 0.6%, to close at 1,433.32
The Dow Jones Industrial Average closed down 44.04 points, or 0.3%, at 13,413.51, its fourth loss in a row
The Nasdaq Composite shed 24.03 points, or 0.8%, to 3,093.70
"Stocks are subdued today due to yet-another scare coming out of Europe," said Keith Springer, president of Springer Financial Advisors.
"The decline, however, is being restrained by the new QE 'Buzz Lightyear', which will provide stimulus to infinity and beyond [and] which will prevent a major selloff."

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