Summary Box: Commodities fall on Greek debt fears

AP News
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Posted: Jun 15, 2011 3:45 PM
Summary Box: Commodities fall on Greek debt fears

BROAD DECLINE: Commodity prices fell as Greece's debt crisis grew worse and New York manufacturing weakened. Energy and grains prices had the biggest declines but most metals also dropped. Gold settled up slightly.

GREEK CRISIS: Thousands of people protested in Athens against cutbacks required to avoid a default on the government's debt. If Greece defaults on its loans, it could affect the economies of other European countries.

MANUFACTURING BLUES: A survey of manufacturers in the New York region fell 20 points to -7.8, indicating that business conditions grew weaker in June.