Markets give Irish bailout thumbs down

LONDON (AP) — The euro slid to a new two-month low against the dollar and stocks tumbled Monday, as investors continued to worry that Europe's debt crisis was spreading despite the €67.5 billion ($88.4 billion) bailout of Ireland.

The euro was down 1.4 percent at $1.31 after earlier hitting $1.3065, its lowest level since September 20. Investors concluded that Sunday's bailout of Ireland by the European Union and the International Monetary Fund has done little to stop Europe's debt crisis from moving swiftly onto another country.

Although Portugal is widely considered to be the most at risk for outside help given the size of its debts relative to its economy, the big worry in …