While you were sleeping: Greece, oil sink equities

Mon, 11 May 2015

By Margreet Dietz May 12 (BusinessDesk) - Stocks on both sides of the Atlantic moved lower amid worries about Greece’s financial outlook, and as the price of oil slid on concerns US crude output was set to rise anew. In late trading in New York, the Dow Jones Industrial Average fell 0.35 percent, while the Standard & Poor’s 500 Index slid 0.31 percent. The Nasdaq Composite Index eked out a 0.04 percent gain. After a stronger-than-expected jobs report for April, released last Friday, investors are eyeing a US retail sales report, due We...

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