Wall St opens lower on Greece concerns

Reuters, Friday 23 Sep 2011

U.S. stocks opened lower on Friday as talk of a Greece default gained pace and a day after markets spiraled downward on deepening worries about global economic stagnation.

The Dow Jones industrial average was down 61.04 points, or 0.57 per cent, at 10,672.79. The Standard & Poor's 500 Index  was down 5.81 points, or 0.51 per cent, at 1,123.75. The Nasdaq Composite Index was down 10.71 points, or 0.44 per cent, at 2,444.96.

Equity index futures cut losses shortly before the open and briefly turning positive on talk of European Central Bank action in the currency market. 

 

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