Stocks slide as Greece vote looms over debt crisis
Investors kept cautious as Greece prepared to vote on an austerity plan, triggering falls in U.S. stocks led by the Dow down 61 points and ending the week with a loss while Groupon rallied on its IPO. The job report showed 80,000 new jobs, with total gains revised higher for August and September. European debt worries dominated trading as market watchers awaited a resolution.
MENTIONED IN THIS ARTICLE
New York
Greece
Europe
George Papandreou
Groupon Inc
Labor Department
Brad Sorenson
Charles S
Papandreou
Italy
Ireland
Portugal
Stockyards Peoria Hog Prices Report Trade Rise
Stockyards Peoria hog buyers report a moderately active barrow and gilt trade with prices up about 50 cents. Trading focused on 1 to 2 weight groups around 230 to 260 pounds, with bid ranges near 59.50.
Grain futures mixed as Chicago prices shift across grains
Grain futures in Chicago traded mixed with corn rising to about 3.29 a bushel and soybeans near 12.21 a bushel. Wheat and oats showed declines as farmers watch price signals.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of
G-20 ends Cannes talks with no extra Europe aid
The G-20 summit in Cannes ended in disarray with no new outside funding to ease Europe debt strains as Greece’s parliament upheld Papandreou’s government after a confidence vote. IMF firepower was the only broad offer, while Greece’s crisis loomed over Italy Spain and the world economy.
MENTIONED IN THIS ARTICLE
Cannes
France
Europe
Italy
Greece
Athens
Socialist Party
International Monetary Fund
Ireland
Portugal
United States
IMF
Spain
Nicolas Sarkozy
Sarkozy
Palais Des Festivals
George Papandreou
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Alcoa Inc
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