US stocks mixed on Greek fears, positive data
NEW YORK — US stocks were a mixed bag on Thursday, as worries about a Greek debt crisis were offset by a pair of positive economic reports from the United States.The…
NEW YORK — US stocks were a mixed bag on Thursday, as worries about a Greek debt crisis were offset by a pair of positive economic reports from the United States.The Dow Jones Industrial Average closed up 64.25 points (0.54 percent) to stand at 11,961.52.The broader S&P 500 index edged upwards 2.22 points (0.18 percent) to reach 1,267.64, while the tech-heavy Nasdaq Composite fell 7.76 points (0.29 percent) to 2,623.70."We had some good economic news today," said Peter Cardillo of Avalon Partners. "Of course the Greek situation is still in the spotlight."Earlier, European stocks tumbled amid fears of a destabilizing default by Greece while the fiscally troubled Mediterranean country was shaken by political uncertainty and street protests. Copyright © 2011 AFP. All rights reserved. More »
last modification 2011-06-16 23:00:42
Add comment