Greek bailout details sack stocks
Quick ReadInvestors are worrying that Greece's new $172 billion deal may not be enough to keep the debt-laden country from eventually defaulting and possibly abandoning the euro.
Photo credit: Getty Images | After reaching a milestone of 13,000 points, briefly Tuesday, the Dow Jones industrial average and other stock indexes were mixed Wednesday on fears that despite its bailout, Greece could still default on its debt and abandon the euro. (Feb. 21, 2012)
Uncertainty over the details of the bailout deal for Greece gnawed at U.S. stocks Wednesday turning trading choppy and causing losses across the indexes.
At the close, the Dow Jones industrial average was down 27.1 points at 12,938.6. It had been down 44 points around noon in Manhattan. The day before, it briefly touched 13,000 for the first time since May 2008. The Dow has been trading at...
