Stocks Fall Sharply as Greek Deal Is Held Up
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Posted: 4:25 PM Feb 10, 2012
Stocks Fall Sharply as Greek Deal Is Held Up
The Dow Jones industrial average is finishing down 89 points, or 0.7 percent, at 12,801
Reporter: Associated Press
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New York, NY (AP) - Stocks are closing their worst day this year after Greece hit a roadblock on its way to a critical bailout.

The Dow Jones industrial average is finishing down 89 points, or 0.7 percent, at 12,801. The broader Standard & Poor's 500 is down nine points to 1,343. It is the first losing week for the index this year.

The Nasdaq composite is closing down 23 points at 2,904.

Stocks fell all day on news that European finance ministers were insisting that Greece cut even more in wages and spending if the nation hopes to get bailout money to pay its creditors.

Three stocks fell for every one that rose Friday on the New York Stock Exchange. Volume was light with just 3.5 billion shares trading hands.

Latest Comments

Posted by: Anonymous on Feb 13, 2012 at 01:40 PM

kind of like when someone claims climate is not weather or the unemployment has always been calculated the same and then on the same page no less posts the exact opposite? NOPE Want some more rope simpleton?
Posted by: Gerry on Feb 13, 2012 at 11:58 AM

@Anonymous You're a genius. There is never any difference between what was said and what was reported to have been said.
Posted by: Anonymous on Feb 13, 2012 at 10:28 AM

People who are ahead of their time have followers who write history down. Of course we have the constitution in written form and you ignore it also so again what is your point or do you just have to see "geery" on your computer screen to feel important....more rope for you and how many jobs have to be created to return to the average level during bush?
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