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A trader rests during afternoon trading on the floor of the New York Stock Exchange on July 23, 2012 in New York City. The Dow dropped 101 points as fear spread regarding a possible bailout for the Spanish government.

Fears about Spain's economy spark sell-offs on jittery stock market

NBC News’ Roland Jones reports:

Stocks took a tumble Monday, tracking global equity markets sharply lower, as traders worried that Spain could eventually be shut out of public markets and forced to seek a sovereign bailout in the same manner as Greece, which itself may be approaching an exit from the eurozone.

By the close of trading, the Dow Jones industrial average was down 101 points, recovering from a loss of as much as 239 points sustained just after the opening bell.

Read more stock market coverage in Market Day.

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