In corporate news, Supervalu (SVU) plunged, losing nearly half of its value, after suspending its divident and withdrawing financial projections for the year for pricing pressure. Supervalu reported worse than expected quarterly results and is considering selling part o its heavy debt.
Marriott International (MAR) dropped -6.44% after warning of weakenign expansion overseas. In Europe, the Stoxx Europe lost -1.1% despite an increase in May industrial production in the euro zone. The Hang Seng fell -2% and the euro fell versus the dollar.