Equities Slammed by International Economic Disruption (WMT, CSCO)

Markets follow a Tuesday uptick with a more powerful drop on Wednesday at the hands of more Greek debt worries and an unfortunate Consumer Price Index Report. Rumors are swirling that, despite previous reports, there is no deal set to assist Greek’s national debt load. This caused international stock exchanges, as well as the Euro, to slide. And the CPI has raised concerns of stagflation on the domestic front. In corporate news, Walmart (WMT) announced they will speed up their openings of “Walmart Markets,” mid-size grocery stores.

Word on the Street

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