The New York Stock Exchange opened slightly lower Monday as investors continued to worry about the difficulties of European leaders to resolve the crisis of government debt: the Dow Jones lost 0.22% and the Nasdaq 0.21%.
Around 1:40 p.m. GMT, the Dow Jones Industrial Average gave 26.26 points to 11,978.10 points and the Nasdaq, dominated by technology, 5.41 points to 2611.07 points.
The broader index S & P 500 gave up 0.23% (-2.88 points) to 1268.62 points.
Friday, Wall Street had ended without a clear direction, investors remain cautious despite assurances by Germany and France on aid to Greece.The Dow had gained 0.36% and the S & P 500 0.30% but the Nasdaq had lost 0.28%.
"The economic difficulties of Greece continue to weigh on the market," noted Sarah Wasserman, of Schaeffer's Investment.
Moreover, "lack of important economic indicator on the agenda (Monday), it seems that there is little to encourage investors to buy," she said.
Gathered Sunday, finance ministers of the euro area have hinted at a breakthrough "by mid-July," a new tranche of aid in Athens.But they have linked "to the adoption of legislation on the key budget strategy and privatization by the Greek Parliament."
Investors hoping for more concrete progress, while Greece, heavily in debt, is currently unable to finance on the markets.
The Dow Jones last week recorded its first weekly increase (0.44%) after six consecutive weeks in the red, on which he lost about 7%.
The bond market rose.The yield on the 10-year Treasury retreated to 2.929% against 2.944% Friday night, and that's good for 30 years at 4.181% against 4.203%.
For Further Reading,
