KKTV - Economy - Headlines

US Stocks Mixed As Greek Bailout Talks Inch Along

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By: AP
Posted: Wed 10:03 AM, Feb 15, 2012

NEW YORK (AP) -- Stocks are mixed on Wall Street as Greece inches closer to a deal to resolve its debt crisis.

The Dow Jones industrial average gave up an early gain and is down 23 points to 12,855 shortly before noon. The Standard & Poor's 500 edged up 5 points to 1,355. The Nasdaq composite rose 24 to 2,956.

Greece was a shadow hanging over the market, as it has been for many weeks, as the Mediterranean country tries to secure a deal with its lenders.

Comcast climbed 5 percent after the cable provider reported profit and revenue that beat Wall Street expectations. Zynga plummeted 13 percent after the company, which makes popular Facebook games like FarmVille, said it lost money in the fourth quarter.


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