US Stocks Fall On Europe Anxiety; Dow’s Weekly Increase First In May

–Stocks decline as Spain financing worries add to euro zone anxiety

–U.S. consumer confidence reading tops expectations

–Dow posts first weekly increase this month

NEW YORK (Dow Jones)–Stocks fell ahead of the long holiday weekend as reports of weakness in Spain underlined anxiety about the euro zone, outweighing a better-than-expected reading on U.S. consumer confidence.

The Dow Jones Industrial Average fell 74.92 points, or 0.6%, to 12454.83. Caterpillar fell 1.6% while International Business Machines dropped 0.9%, weighing on the price-weighted average. Nevertheless, the blue-chip benchmark capped its first weekly increase this month, mostly due to a rally on upbeat European …

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