The Seattle Times. Winner of Eight Pulitzer Prizes.


Sat, Nov 29, 2014

WEATHER | TRAFFIC

VIEW SECTIONS

Home


Updated Tuesday, November 13, 2012 at 10:01 AM

Stocks open lower as hope for a Greece deal fades

By The Associated Press
The Associated Press

Stocks are opening lower on Wall Street as a deal to rescue the Greek economy now looks much less certain than it had just one day ago.

The Dow Jones industrial average lost 50 points to 12,765 shortly after the opening bell. The Standard & Poor's 500 index was off seven at 1,372 and the Nasdaq composite gave up 24 points to 2,881.

In Europe, finance ministers postponed desperately needed aid for Greece. European stock markets fell and the borrowing costs of Italy and Spain, two other economically troubled countries, rose as investors sold their bonds.

Microsoft slumped 4 percent following the sudden departure of the head of its Windows division. The shakeup came just weeks after Microsoft launched Windows 8, which was met with mixed reviews.


SECTIONS

Top News arrow

Latest News arrow

Local arrow

Nation & World arrow

Business & Technology arrow

Editorial & Opinion arrow

Sports arrow

Entertainment arrow

Living arrow

Travel & Outdoors arrow

Obituaries arrow


CLASSIFIEDS

Jobs arrow

Autos arrow

Homes & Rentals arrow

More Classifieds arrow