Jose Canizares shot a course record-equaling 66 and Jose Rivero, making his debut in World Golf Cup competition, had a 71 yesterday for a two-round total of 276 that gave Spain a two-stroke lead over first round-leader Scotland in Rome.

Rain saturated the 7,035-yard Olgiata course as the Spaniards pursued their fourth victory in nine years of cup play.

The defending champion U.S. team, needing to make rapid headway after the tournament was cut to 54 holes following Thursday's rainout, was at 294 as Lanny Wadkins managed only one birdie in a 74 and Tom Kite shot 75. "I wish we had some excuse, but we haven't," said Wadkins . . .

Haruo Yasuda finished off an eight-under-par 64 with an eagle and six birdies to tie Johnny Miller at 207 for the third-round lead in the $417,000 Dunlop Phoenix tournament in Miyazaki, Japan. Miller shot 72 . . .

Tom Watson held a one-stroke lead over Ian Baker-Finch and Mike Clayton after the third round of the $200,000 Panasonic Australian Open at Royal Melbourne. Watson shot 70 for a 209 total and said, "I didn't throw the knockout punch today."