NEW YORK —
U.S. stocks are falling again as finance chiefs from the world’s wealthiest countries hold an emergency conference call to try to find a solution for Europe’s debt crisis.
Stock futures suggested a higher open Tuesday, but the major indexes on Wall Street are all down slightly in the opening minutes.
The Dow Jones industrial average is down 14 points to 12,087. The Standard & Poor’s 500 is down three to 1,276. The Nasdaq composite is down four to 2,756.
Chesapeake Energy is up 2 percent, a day after activist investor Carl Icahn engineered a shakeup on the board of directors.
European markets are mixed. Stocks in Greece are down nearly 6 percent and Germany less than 1 percent. Stocks in France and Spain are higher.
Business
Related Photos
-
businessnews.jpg
Discussion
June 5, 2012
US stocks dip ahead of emergency Europe meeting
- Business
-
-
Stocks head lower, market on track for weekly loss
The stock market headed slightly lower Friday, keeping on track for its first weekly loss in a month.
-
Summer travel forecast: Better, but no blowout
This summer, high rollers are flying to lavish hot spots for their vacations. The rest of us are driving to less luxurious places like nearby campgrounds.
-
Schumer urges look at security in Sprint deal
Sen. Charles Schumer urged regulators to “use extreme caution” when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan’s Softbank, saying the Japanese company’s use of Chinese networking equipment could open up U.S. networks to snooping and hacking.
-
Kid Rock, Rolling Stones on scalping, summer tours
Kid Rock is a scalper. The 42-year-old Grammy winner, who is launching a summer tour where most tickets are priced at $20, said he’s holding about 1,000 tickets from each show and reselling them on ticketsnow.com — owned by Ticketmaster — to make up for the cheaper regular price he’s offering.
-
US rig count down 7 to 1,762
Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. dropped by seven this week to 1,762.
-
West Virginia joins fight to EPA greenhouse gas rules
West Virginia’s governor and attorney general are joining two other states that are seeking to challenge federal environmental rules on greenhouse gas emissions.
-
Why worry? Less aid by Fed would point to recovery
Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected.
-
Sears reports bigger-than-expected 1Q loss
Sears Holdings Corp. reported a steeper-than-expected loss for its first quarter with the beleaguered retailer blaming a cooler spring for falling sales.
-
Procter & Gamble brings back A.G. Lafley as CEO
Procter & Gamble Co. is bringing back its former CEO, as the world’s largest consumer-products maker tries to spur global growth.
-
Asia stocks extend losses after big sell-off
Asian stocks continued to retreat Friday after being routed the day before by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus.
- More Business Headlines
-
Raw: Train Derails After Overpass Collapse
Raw: Rescues From San Antonio Flooding
Raw: French Soldier Stabbed in Throat Near Paris
Mayor: Person Killed in San Antonio Flooding
Raw: Apple 1 Computer Sells for More Than $650k
Hagel Urges Cadets to End Scourge of Sex Assault
Raw: Gay Rights Activists March in Ukraine
Bus Fire Kills 16 Children, Teacher in Pakistan
Raw: Pakistan Election Results Protested
Raw: Trucker Bumps I-5 Bridge Before Collapse
Raw: Texas Deputy Shot by Colo. Suspect Honored
Major Detours Following Wash. Bridge Collapse
American Held in Grisly Czech Murders
Raw: Jersey Shore Reopens for Summer
UK-bound Pakistan Plane Diverted, 2 Men Arrested
