U.S. Stocks Drop as Dow Erases May 21 Rally on Europe

May 24 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks sank, dragging the Dow Jones Industrial Average to its lowest level in three months, as the seizure of a Spanish bank and increase in bank borrowing costs spurred concern Europes debt crisis has further to go. Bloomberg's Pimm Fox also speaks. (Source: Bloomberg)