GLOBAL MARKETS-Euro slips on Spain warning, stocks gain(update)


NEW YORK: The euro fell and German bond prices gained o n Tuesday as the euro zone's debt crisis showed signs of escalating after Spain said it was being shut out of credit markets.

World stocks advanced, with the major U.S. stock indexes bolstered by data showing the U.S. services sector grew at a slightly faster pace in May as new orders improved.

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