Wall Street jittery over deal on Greece
Traders work at the New York Stock Exchange. The Greek debt crisis continues to weigh on U.S. markets. (Jan. 18, 2012) Credit: AP
Investors on Wall Street fretted on Tuesday that a deal to keep Greece from triggering a financial crisis might fall apart, and a slew of corporate earnings reports at home didn't make them feel much better.
The Dow Jones industrial average closed down 33.07 points at 12,675.75. It has risen or fallen less than 100 points in 14 straight trading sessions, the longest calm stretch since late March and early April last year.
The Standard & Poor's 500 index ended in the red for only the third time this year, losing 1.35 to close at 1,314.65. The most the S&P has lost in a day this year is seven points. It is up 4.5 percent for 2012.
The Nasdaq added 2.47 to close at 2,786.64 after a day of wavering between small gains and losses. The Nasdaq has led major the stock indexes in January with a 7 percent gain.
Rising stocks slightly outnumbered falling ones on the New York Stock Exchange. Trading volume was lighter than average at 3.7 billion shares.
Treasury prices rose from their lowest levels this year because of uncertainty about whether Greece will reach a deal with its creditors. That drew money back into safer investments.
Updated 43 minutes ago Suozzi visits ICE 'hold rooms' ... U.S. cuts child vaccines ... Coram apartment fire ... Out East: Custer Institute and Observatory
Updated 43 minutes ago Suozzi visits ICE 'hold rooms' ... U.S. cuts child vaccines ... Coram apartment fire ... Out East: Custer Institute and Observatory
