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
- The Next Big Crash Of The U.S. Economy Is Coming, Here's Why | ZeroHedge
- Over 40 Shot As Violence Erupts In Chicago During Memorial Day Weekend | ZeroHedge
- The Task Confronting Libertarians | ZeroHedge
- Senators Slam Loretta Lynch: End The Climate Change Witch Hunt | ZeroHedge
- Iceland Has Offered Foreign Bondholders A "Choice": Sell Now, Or Have Cash Impounded Indefinitely | ZeroHedge
- Sweden: Is Islam Compatible With Democracy? | ZeroHedge
- BCA: Global Equities Hanging By a Thread | Financial Sense
The most relevant financial news and articles from the Internets
- On paper, Pebble’s new smartwatches blow FitBit out of the water | Business Insider
- A Google exec recommends you ask yourself 2 questions before you take... | Business Insider
- Laptop Computer Reviews - BusinessWeek | BusinessWeek
- Goldman Sachs just figured out something important about millennials | Business Insider
- Hallucinogens Legally Sold as 'Bath Salts' a New Threat | BusinessWeek
- Chinese parents are turning to a previously taboo... | Business Insider
- New Orleans Pelicans guard Bryce Dejean-Jones has died after being shot | Business Insider