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Greek Uncertainty Sends Markets Down for the Day (GRPN, JPM)

By: , dated May 15th, 2012
Major indices fell today, as the Greek government continued to fail to form a governing coalition. There was positive news in housing, however, as new data from the National Association of Home Builders came out indicating that market confidence was up. In corporate news, Treasury Secretary Timothy Geithner stated that regulators would be looking into JPMorgans’ (JPM) catastrophic $2 billion loss. Meanwhile, Groupon (GRPN) saw its stock soar to enormous heights today after their phenomenal Q1 results.

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