GLOBAL MARKETS-Stocks tumble on Google, Goldman; euro falls

* Google drops 5 percent, Goldman plunges by 11 percent

* SEC charges Goldman Sachs with fraud

* Euro snaps 5-day winning streak on renewed Greek fears (Recasts with U.S. market open, adds New York dateline)

By Jennifer Ablan and Sebastian Tong

NEW YORK/LONDON, April 16 (Reuters) - U.S. stocks slid on Friday after Google Inc. earnings disappointed and U.S. regulators charged Goldman Sachs with fraud, while the euro dropped on worries about Greece's debt crisis.

In a flight to safety, investors moved into U.S. government debt, pushing up prices.

In New York, equities were under pressure as Google tumbled 5 percent after reporting a 23 percent jump in quarterly revenue but missing analysts' "whisper number," the unpublished estimate that some analysts give clients.

Adding to the market's gloom, Goldman shares were down nearly 11 percent after the Securities and Exchange Commission charged the New York firm with fraud in structuring and marketing of collateralized debt obligations tied to subprime mortgages. For details click on [ID:nLDE63F1QW].

Bank of America Corp. shares were down more than 1 percent, dragging along other banks and financial companies, after it reported profits.

"We've had something like an 11 percent gain since the last earnings season, and then an uninterrupted six-week rally," said Joseph Battipaglia, market strategist at Stifel Nicolaus in Yardley, Pennsylvania.

"We're reaching a point where we look into the future and wonder if we can sustain GDP growth that's north of 3 percent. We don't know what that means for ongoing profitability, and that question is what is occupying the market," he said.

At 10:59 a.m., the Dow Jones industrial average <.DJI> was down 54.87 points, or 0.49 percent, at 11,089.70, while the Standard & Poor's 500 Index <.SPX> was down 12.02 points, or 0.99 percent, at 1,199.65. The Nasdaq Composite Index <.IXIC> was down 19.24 points, or 0.76 percent, at 2,496.45.

The MSCI's global equity index <.MIWD00000PUS> dipped 1.16 percent, moving in sympathy with U.S. markets, though shares remained set for their seventh straight weekly gain. The pan-European FTSEurofirst 300 <.FTEU3> also was down more than 1 percent.

Overall, global shares edged off 16-month highs on Friday as persistent uncertainty over Greece's ability to pay its debts tempered optimism over the global economic recovery.

The euro remained pressured and Greek bond yields rose after Athens said it was preparing to activate an IMF/EU financial aid package. [ID:nLDE63F0SX].

The euro was down 0.41 percent at $1.3523 from a previous close of $1.3579.

The dollar rose against a basket of major trading-partner currencies, with the U.S. Dollar Index <.DXY> up 0.21 percent at 80.649.

Against the Japanese yen, the dollar was down 0.56 percent at 92.47 from a previous close of 92.990.

GREECE MOVES

The euro retreated against the dollar, snapping a five-day winning streak due to renewed worries over Greece's ability to service its sovereign debt.

Greece lurched closer toward asking for international aid after it requested official talks with European authorities and the International Monetary Fund.

European Central Bank President Jean-Claude Trichet told euro zone finance ministers that the situation for Greek banks remains difficult and could deteriorate further. [ID:nLDE63F0KR]

The cost of insuring Greek sovereign debt rose some 10 basis points from Thursday's close to 428.5 bps, according to CMA DataVision. Greek 10-year bond yields rose to 7.4 percent, widening the 10-year Greek/German government bond yield spread.

U.S. Treasury debt, investors' favorite safe haven, rose.

The benchmark 10-year U.S. Treasury note was up 14/32, with the yield at 3.78 percent, while the 2-year U.S. Treasury note was up 3/32, with the yield at 0.96 percent. The 30-year U.S. Treasury bond was up 12/32, with the yield at 4.69 percent.

In energy and commodities prices, U.S. light sweet crude oil fell $1.03, or 1.2 percent, to $84.48 per barrel, and spot gold prices fell $4.80, or 0.41 percent, to $1153.10. The Reuters/Jefferies CRB Index <.CRB> was down 0.56 points, or 0.2 percent, at 279.19. (Additional reporting by Simon Falush; Editing by Kenneth Barry)