Pain in Spain hits Wall Street, Texas Instruments off late

File photo of trader Mario Picone working on the floor of the New York Stock ExchangeNEW YORK (Reuters) – Stocks fell for a second straight session on Monday, as Spain appeared closer to needing a national bailout and poor corporate results weighed on the market. Weak results from McDonald's Corp added to the cautious tone on Wall Street. Materials stocks were among the day's weakest, hurt by across-the-board declines in commodity prices. Still, stocks ended well off the day's lows, rebounding from their initial plunge. Stocks appeared to stabilize as the S&P 500 approached its 50-day moving average of 1,332. …



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