Stock market slides as rate hikes weigh on traders
New York shares fell amid retreating optimism after a jump in prime lending costs. The Dow dropped about 7 points to 856.15 as banks lifted rates, pressuring investors and dampening trading on the New York Stock Exchange.
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Greek Turkish aid clash looms as vote nears
The dispute over Cyprus surfaces as GOP leaders predict House action on a bill to partially restore military aid to Turkey. A broader Serale bill advances while Greek American demonstrations unfold on Capitol steps. Pan American Air and Textron report mixed financials, Green Giant rises on cautious outlook, and indices shift in choppy trading.
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