Stocks Slip on Wall Street as Greek Talks Drag On
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Posted: 4:21 PM Feb 6, 2012
Stocks Slip on Wall Street as Greek Talks Drag On
The Dow Jones industrial average fell 17 points to close at 12,845.
Reporter: Associated Press
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New York, NY (AP) - Stock indexes are closing slightly lower as talks drag on between Greek political leaders over a fresh austerity package required for the country to get more bailout loans.

President Nicolas Sarkozy of France and German Chancellor Angela Merkel warned Greek leaders that they need to push through spending cuts and other measures or risk letting the country go bankrupt.

The Dow Jones industrial average fell 17 points to close at 12,845. Travelers Cos. Inc. led the Dow lower with a 1.3 percent loss.

The S&P 500 index fell less than 1 point to 1,344. The Nasdaq composite fell 4 points to 2,902.

Nearly three stocks rose for every one that fell on the New York Stock Exchange. Trading volume was lighter than average at 3.3 billion.

Latest Comments

Posted by: Kcaj on Feb 7, 2012 at 09:06 AM

looks like about in a month Obama wins!
Posted by: Gerry Location: Tallahassee on Feb 6, 2012 at 06:19 PM

As of today, the US borrows for 10 years at 1.91%. Total US national debt on 2/3/12 = $15.335 trillion. On 1/20/09 = $10.627 trillion. On 1/20/01 = 5.728 trillion. Increase in total national debt during Obama's administration = $4.708 trillion. During George W. Bush's administration = $4.899 trillion. Source for debt info = treasurydirect.gov.
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