Pessimism about Greece's financial problems returned to the financial markets Monday. Stocks fell as investors once again doubted that the country will be able to avoid a default on its debt. The S&P 500 gained 5.4 percent last week as it appeared Greece would get its bailout. But European finance ministers said Friday they would delay authorizing an $11 billion installment of emergency funds for Greece until October.
The Dow Jones industrial average fell 108.08, or 0.9 percent, to 11,401.01.
The S&P 500 index fell 11.92, or 1 percent, to 1,204.09.
The Nasdaq composite fell 9.48, or 0.4 percent, to 2,612.
For the year to date:
The Dow is down 176.50 points, or 1.5 percent.
The S&P 500 is down 53.55, or 4.3 percent.
The Nasdaq is down 40.04, or 1.5 percent.
bachelor pad bachelor pad hp touchpad tablet hurricane tracking hurricane tracking channel 7 news bears
No comments:
Post a Comment