–Stocks tumble after doubts arise on Spain’s request for bailout funds
–Stocks’ slide followed initial optimism, with Dow industrials up as much as 96 points after the open
–European stocks erase gains
NEW YORK–The Dow industrials snapped a four-day winning streak as investors questioned whether Madrid’s weekend agreement to seek bailout funds for its banks will restore confidence in the Spanish economy.
The Dow Jones Industrial Average declined 142.97 points, or 1.1%, to 12411.23 on Monday. The blue-chip benchmark gave up a morning advance of as much as 96 points as optimism about the bailout faded. The retreat followed stocks’ …