U.S. stocks fall towards hard May landing

MARKETWATCH FRONT PAGE

U.S. stocks fell Thursday, with the Dow Jones Industrial Average on track for its first monthly loss in eight, as Wall Street added disappointing labor market data to its European worries. See full story.

Euro bounces off nearly two-year low

The euro recovers from an almost two-year low against the dollar as pressure eases on Spain and investors move into riskier assets. See full story.

Europe stocks slump after weak U.S. data

European stock markets erase gains in afternoon action on Thursday, after jobs and manufacturing data from the U.S. miss analyst expectations, while first quarter GDP was revised down from previous estimate. See full story.

Asian markets stumble over Europe fears

Most Asian markets sink as fresh worries about Spain and Italy spark fears of a deteriorating situation in Europe, leading investors to dump risk assets amid rising global uncertainty. See full story.

Hiring trend for private payrolls slows down: ADP

Expansion in private-sector hiring rises 133,000 for May, up modestly from a revised total of 113,000 in April. See full story.

MARKETWATCH COMMENTARY

Here are six reasons why Spain is more likely to pull out of the euro than Greece, writes Matthew Lynn. See full story.

MARKETWATCH PERSONAL FINANCE

When it comes to IRAs, timing is everything. Robert Powell looks at five rules that could derail your retirement-savings plans. See full story.