KKTV - Economy - Headlines

Greek Turmoil Leads To Losses On Wall Street

By: AP
By: AP

NEW YORK (AP) -- More turmoil in Greece caused fallout across the financial markets.

The Dow Jones industrial average fell for the fourth day in a row. Oil closed at its lowest level since November. The euro fell to a four-month low. And the price of gold hit the lowest level since December.

As investors fled to safer U.S. government bonds, the yield on the benchmark 10-year Treasury note hit its lowest this year.

New elections were called in Greece for June 17 after coalition talks to form a government fell apart.

The Dow closed down 33 points at 12,598. The Standard & Poor's 500 index was down six at 1,325. The Nasdaq composite fell 20 to 2,874.

Volume was slightly above average at 4.2 billion shares. Declining stocks outpaced advancers 2-to-1.


KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.

If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.

powered by Disqus
KKTV 520 E. Colorado Colorado Springs, CO 80903 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 151773625 - kktv.com/a?a=151773625