Summary Box: Stocks slip as Greek talks drag on

AP News
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Posted: Feb 06, 2012 5:00 PM
Summary Box: Stocks slip as Greek talks drag on

GREECED: The Dow dropped 17 points and other stock indexes dropped slightly as talks dragged on between Greek political leaders over a fresh cost-cutting measures required for Greece to get more bailout loans.

NEW WARNINGS: The heads of France and Germany warned Greek leaders that they need to push through spending cuts and other measures or risk letting the country go bankrupt. If European leaders don't sign off the bailout for Greece, the country will likely default when a bond repayment comes due March 20.

WORST OF THE DOW: Travelers Cos. Inc. led the Dow lower with a 1.3 percent loss.