vendredi 17 avril 2015
Greek ‘day of reckoning’ shakes stock markets
Posted on 12:06 by nice news
U.S. stocks are broadly lower in afternoon trading Friday following steep declines in Europe. Investors are worried that Greece may default on its debt and exit the eurozone. Shares of several big U.S. companies, including American Express, dropped after disappointing results.
KEEPING SCORE: The Dow Jones industrial average slumped 242 points, or 1.3 percent, to 17,863 as of 1:25 p.m. Eastern time. The Standard & Poor’s 500 lost 21 points, or 1 percent, to 2,084. The Nasdaq fell 70 points, or 1.4 percent, to 4,937. All 10 industry groups in the Standard and Poor’s 500 fell.
GREEK WORRY: Greece and its creditors are still struggling to find a deal that can keep the country from defaulting on its debt. The argument is over what reforms Greece should make in return for loans. Many think Greece will struggle to make payments to the International Monetary Fund due next month if it fails to reach a deal.
KEEPING SCORE: The Dow Jones industrial average slumped 242 points, or 1.3 percent, to 17,863 as of 1:25 p.m. Eastern time. The Standard & Poor’s 500 lost 21 points, or 1 percent, to 2,084. The Nasdaq fell 70 points, or 1.4 percent, to 4,937. All 10 industry groups in the Standard and Poor’s 500 fell.
GREEK WORRY: Greece and its creditors are still struggling to find a deal that can keep the country from defaulting on its debt. The argument is over what reforms Greece should make in return for loans. Many think Greece will struggle to make payments to the International Monetary Fund due next month if it fails to reach a deal.
Greek ‘day of reckoning’ shakes stock markets
Categories: Greek ‘day of reckoning’ shakes stock markets
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