Saturday, 16 June 2012

S&P UDATE

Stocks: Investors keep eyes pinned on Greece





Investors across the globe wait with bated breath ahead of Sunday's pivotal elections in recession-ravaged Greece.
Victory for the far-left anti-austerity parties could unravel Greece's bailout, raising concern the country could exit the euro currency union. And that could drag down other ailing euro nations and send shock waves through the world's financial markets.
In the United States, stocks managed to end the week with modest gains as investors remained hopeful that Greece's elections would yield a resolution. The Dow (INDU) rose 0.9%, the S&P 500 (SPX) added 1% and the Nasdaq (COMP)

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