Thursday, February 9, 2012

Wall Street lower as Greece talks drag on

Wall Street lower as Greece talks drag on
Wed,8 Feb 2012 09:18 AM PST
Reuters -

A Wall St. sign is seen outside the New York Stock ExchangeNEW YORK (Reuters) - Stocks gave up early gains on Wednesday as the Dow hovered at its highest level in nearly four years and investors waited for Greece to accept tough reforms in exchange for a new bailout. Efforts by the Greek prime minister to get the three parties in his government to accept reforms demanded by the European Union and International Monetary Fund seemed to have been thwarted by arguments over procedural matters. And policymakers were still divided on what contribution the European Central Bank could make to a restructuring of Greece's sovereign debt, sources said. ...

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