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Market Summary
Monday finishes with stocks taking a significant step backward as more fears loom in Europe. Now that Greece's frantic debt situation is temporarily settled, all eyes are on Italy, who could have a much larger impact if they become as strapped for cash as their European counterpart. In domestic news, focus was on the battle over the budget deficit, as President Obama continues to urge Congress to pass a bill to reduce the deficit. In corporate news, News Corp (NWSA) is being sued by shareholders after the recent hacking scandal, and Alcoa (AA) announced a huge increase in earnings.
Word on the Street
Interesting Tidbits
Notable Quotable
I've never been able to understand how the Democrats can run those $1,000 a plate dinners at such a profit and run the government at such a loss. - Ronald Reagan
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On This Date
July 11, 1955: Congress decrees that all American currency will include the motto, "In God We Trust."
Market Overview
| DJIA |
12,505.76 |
-151.44
|
| S&P |
1,319.49 |
-24.31
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| NASDAQ |
2,802.62 |
-57.19
|
| 10Yr |
2.9170 |
-0.0990
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• More market statistics
Hot Stocks
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BAC,
F,
CSCO,
GE,
MSFT
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