EU Kicks Stocks Down Again
Today is no different, the major indexes are down around 1.5% and the rich only care about how they lost a few bucks on Facebook (FB). Cry me a river.
Stocks are down because Greece is killing us all, pushing our precious equities off the cliff into a bottomless pit.
NEW YORK (AP) -- Markets are swooning in Europe and the U.S. as investors become increasingly skeptical that European leaders will succeed at jump-starting the region's economy and preventing a messy exit from the euro by Greece.
The euro fell to its lowest level against the dollar in nearly two years as confidence in Europe's common currency continued to erode. Stock markets in Europe and commodities prices also fell sharply.
European leaders are meeting to try and find a way to keep the region's debt crisis from spiraling out of control. They're also seeking ways to promote jobs and growth.
Here's how the indexes are trading right now:
Best of the Blogs
Scanning and identifying the best blog entries every hour
- UMich Consumer Sentiment Drops For 2nd Month In A Row, First Time Since Oct 2013 | ZeroHedge
- Government Secrecy At All-Time High | ZeroHedge
- "I'm Not Stupid" Monsanto Lobbyist Refuses To Drink Weedkiller After Proclaiming "It Won't Hurt You" | ZeroHedge
- Did Saudi Arabia Just Suffer Its Largest Foreign Capital Flight In 15 Years? | ZeroHedge
- Technical Signs of a Top Forming | ZeroHedge
- Yemen "Gulf Intervention" Premium Erased, WTI Tumbles Back Below $49 | ZeroHedge
- Who's Behind All of the Wars? | ZeroHedge
The most relevant financial news and articles from the Internets
- Senior military official: A pilot on... | Business Insider
- Spain, England look to fresh faces in Euro 2016 bids | Business Insider
- Talk of biotech bubble rattles Wall Street | Business Insider
- 'The Walking Dead' spinoff will be called '... | Business Insider
- Dunga pleased with Brazil as they down France 3-1 | Business Insider
- Cameron forgot about the debt | Business Insider
- This is the question the jury in the Pao case was sent back to vote on again | Business Insider