Stocks fall as Greek deal is held up
Quick ReadStocks fall in early trading over Greek deal holdup as European ministers ask for more cuts
Photo credit: AP | Specialist Michael O'Mara, right, works on the floor of the New York Stock Exchange. Stock markets fell Friday after Greece's crucial international bailout was put on hold by its partners in the 17-nation eurozone, a day after it seemed that the country's tortuous journey to pacifying its creditors had reached a conclusion. (Feb. 8, 2012)
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U.S. stocks fell sharply Friday after Greece's bailout deal was put on hold, a day after it seemed that the country had satisfied its creditors.
In the first hour of trading, the Dow Jones industrial average dropped 122 points to 12,768. The broader Standard & Poor's 500 was down 12 points to 1,340. The Nasdaq composite fell 25 points to 2,902.
Investors had breathed a sigh of relief...
