News Summary: Stocks end mixed after Greek report

AP News
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Posted: May 22, 2012 6:01 PM
News Summary: Stocks end mixed after Greek report

GREECE AGAIN: All it took to derail a day of stock market gains was a headline saying that Greece was preparing to leave the euro. A 50-point gain in the Dow Jones industrial average quickly evaporated. A last-minute recovery left the Dow down just 1.67 points at 12,502.81.

HOUSING HOPE: Stocks spent most of the day higher after the National Association of Realtors reported that sales of previously occupied homes rose 3.4 percent last month

FRIENDS?: Facebook kept sliding, dropping 9 percent to $31. The social networking company has fizzled since its long-awaited initial public offering last week at $38.