Market fears send key interest rate to 66-year low

Associated Press
Market fears send key interest rate to 66-year low

A specialist works at his post at the New York Stock Exchange, Wednesday, May 30, 2012, in New York. Fearing a financial rupture in Europe, investors around the world fled from risk Wednesday. In the United States, where concerns about Europe have already wiped out most of this year's gains for stocks, major averages fell more than 1 percent. The Dow Jones industrial average was down as much as 184 points. European stocks lost even more, and the euro dropped below $1.24, its lowest point since the summer of 2010. (AP Photo/Richard Drew)

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