The Traderszone Network

Published in TZ Latest News 19 June, 2015 by The TZ Newswire Staff

Wall St falls as Greek deadline looms; indexes up for week

As bank withdrawals across Greece ballooned to about 4.2 billion euros this week, the European Central Bank boosted its emergency funding for Greek banks. Friday’s decline in stocks “has to do with the meeting on Monday,” said King Lip, chief investment officer at Baker Avenue Asset Management in San Francisco. The Dow Jones industrial average (.DJI) fell 101.56 points, or 0.56 percent, to 18,014.28, the S&P 500 (.SPX) lost 11.48 points, or 0.54 percent, to 2,109.76 and the Nasdaq Composite (.IXIC) dropped 15.95 points, or 0.31 percent, to 5,117.00.