70°
Baton Rouge, Louisiana
3 Day Outlook
Sun
86°
73°
50%
Mon
84°
73°
80%
Tue
83°
73°
90%

Latest Weather Blog

Follow our weather team on social media

Wall Street opens lower as Greek talks drag on

3 years ago February 06, 2012 Feb 6, 2012 Monday, February 06 2012 Monday, February 06, 2012 7:53:41 AM EST in News
Source: Associated Press

NEW YORK - Stocks are opening lower as talks dragged on between Greek political leaders over a fresh austerity package required for the country to get more bailout loans.

Minutes after the opening bell Monday, the Dow Jones industrial average is down 42 points to 12,819. Intel led the Dow lower, dropping 1.2 percent.

The S&P 500 fell 5 points to 1,339. The Nasdaq composite fell 17 points to 2,888.

The declines follow a big gain Friday after a surprisingly good U.S. employment report.

Greece's Prime Minister Lucas Papademos will meet with negotiators from the European Union and the International Monetary Fund in the afternoon and then with the leaders of the three parties backing his coalition government. The Greek parliament must sign off on any deal.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
5 Days
Radar
Today
PM T-Storms
85°
72°
Sun
PM T-Storms
86°
73°
Mon
T-Storms
84°
73°
Tue
T-Storms
83°
73°
Wed
T-Storms
84°
72°