'Your papers, please' must never be heard in America
The Madrid Open has been removed from the European Tour's calendar due to a lack of funding.
Fearing a financial rupture in Europe, investors around the world fled from risk Wednesday. They punished stocks and the euro, and the yield on a benchmark U.S. bond hit its lowest point since World War II.
U.S. stocks closed higher, recording one of their best days in an otherwise dreary month.
