Specialist Gregg Maloney works on the floor of the New York Stock Exchange Monday, June 25, 2012. U.S. stocks are sliding at the opening of trading, following global markets lower after Spain requested help for its struggling banks. (AP Photo/Richard Drew)
FILE- In this Friday, June 22, 2012, file photo, a pair of specialists work at their posts on the floor of the New York Stock Exchange. Wall Street was forecast to fall on the open Monday June25, 2012: Dow futures were down 0.7 percent and S&P 500 futures were down 0.8 percent. (AP Photo/Richard Drew, File)
Specialist Christopher Trotta works on the floor of the New York Stock Exchange Monday, June 25, 2012. U.S. stocks are sliding at the opening of trading, following global markets lower after Spain requested help for its struggling banks. (AP Photo/Richard Drew)
NEW YORK — Europe’s latest efforts to quell its financial crisis left investors exasperated Monday, causing steep losses in stock markets on both sides of the Atlantic. The Dow Jones industrial average dropped 138 points to close at 12,502.66, a loss of 1.1 percent. The …