US Stocks Open Lower On Euro Worries

By: AP
By: AP
To join the conversation on this story and others, "like" our KKTV 11 News Facebook page!

U.S. stocks are falling at the opening of trading. Uncertainty about a deal between Greece and its creditors to ease its debt burden is weighing on investor sentiment.

Minutes after the opening bell, the Dow Jones industrial average is down 105 points, or 0.8 percent, to 12,554.

The broader S&P 500 index is down 12 points, or 0.9 percent, to 1,303. The Nasdaq composite is down 26 points, or 1 percent, to 2.789.

European leaders gathering in Brussels hope to focus on how to stimulate economic growth when huge government spending cuts threaten to push many countries back into recession.

The latest data showed Spain's economy shrank in the last three months of 2011.

European markets are also falling. France's CAC 40 and Germany's DAX lost 1.3 percent.

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
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 138321154 -
Gray Television, Inc.