Greek uncertainty continues to weigh on global markets

AP News
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Posted: Jun 02, 2015 9:42 AM
Greek uncertainty continues to weigh on global markets

NEW YORK (AP) — U.S. stocks are opening lower as investors fret over Greece's shaky finances.

Investors are also looking ahead to a heavy run of U.S. economic data that culminates at the end of the week with the closely watched jobs report for May.

The Dow Jones industrial average fell 54 points, or 0.3 percent, to 17,992 as of 9:35 a.m. Eastern time Tuesday.

The Standard & Poor's 500 index gave up six points, or 0.3 percent, to 2,105. The Nasdaq composite lost 22 points, or 0.5 percent, to 5,059.

Utilities stocks fell the most. Among individual stocks, Intel fell the most in the Dow.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.23 percent.