Stock market ends lower as Greek bailout talks stall
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U.S. stocks are ending lower as uncertainty mounts over Greece’s bailout talks with its creditors.
The Dow Jones industrial average fell 107 points, or 0.6 percent, to end at 17,791 Monday. The Standard & Poor’s 500 index slipped nine points, or 0.5 percent, to 2,084. The Nasdaq composite fell 21 points, or 0.4 percent, to 5,029.
Stocks fell sharply in early trading but recouped some of their losses by day’s end. The Dow was down as much as 200 points.
United Technologies slid nearly 3 percent after the company said it would get out of the helicopter business.
European markets fell. Benchmark indexes were down 2 percent in Germany and France. Investors ditched Greek stocks and Greek government bonds.
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