NEW YORK —
U.S. stocks are following European markets lower as traders fret about political uncertainty caused by elections in Greece and France.
Stocks in fell broadly in Europe Tuesday as voters wondered how the political upheaval there will play out.
Greek conservatives said they were unable to form a government after voters rejected austerity and elevated a slew of splinter parties to parliament on Sunday. The other leading party appears unlikely to form a governing coalition. Another round of elections now appears likely.
French voters elected an anti-austerity presidential candidate on Sunday, raising doubts about Europe’s commitment to debt-slashing.
In the U.S., the Dow Jones industrial average is down 65 points at 12,944 shortly after trading began. The S&P 500 is down 7 at 1,362. The Nasdaq is off 15 at 2,942.
Business
Related Photos
-
businessnews.jpg
Discussion
Stocks fall as Greek struggles to form government
- Business
-
-
Stocks mixed as investors reassess Fed worries
Investors recovered their poise by midday Thursday after an early sell-off sent stocks sharply lower.
-
Between economy and trouble, Obama approval steady
The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way.
-
Other companies challenging contraception mandate
Hobby Lobby Stores Inc. is challenging the part of the federal health care law that requires for-profit companies to offer employees health coverage that includes products the business owners find morally objectionable, such as certain types of contraception.
-
Stricken Japan nuke plant struggles to keep staff
Keeping the meltdown-stricken Fukushima nuclear plant in northeastern Japan in stable condition requires a cast of thousands. Increasingly the plant’s operator is struggling to find enough workers, a trend that many expect to worsen and hamper progress in the decades-long effort to safely decommission it.
-
Birth control coverage up for federal appeal
In the most prominent challenge of its kind, Hobby Lobby Stores Inc. is asking a federal appeals court Thursday for an exemption from part of the federal health care law that requires it to offer employees health coverage that includes access to the morning-after pill.
-
Markets roiled by Nikkei’s 7.3 percent slide
Financial markets around the world were roiled Thursday after Japanese stocks suffered their biggest slide since the country was hit by a devastating tsunami more than two years ago.
-
BP donates $500K to Moore tornado relief effort
Oil company BP is donating $500,000 to the tornado relief effort in Moore.
-
First Look: New Xbox elegant, but much unknown
Will gamers want One?
-
Median CEO pay rises to $9.7 million in 2012
CEO pay has been going in one direction for the past three years: up.
-
AAA: 31.2M drivers to take Memorial Day road trip
It’s going to be another busy Memorial Day weekend on the nation’s highways.
- More Business Headlines
-
Obama Offers Drone Strike Defense
Raw: Heckler Interrupts Obama on Guantanamo
A Slice of Apple History Up for Grabs
Johnson: Don't Blame Islam or UK Policy
Raw: 80-Year-Old Climbs Mount Everest
Wash. State Man Arrested Following Ricin Scare
Chain-Reaction School Bus Crash Injures About 50
Raw: Scuffles in London After Hacking Death
Texas Students Coach Teachers on Fitness
New Forecasting Tool Eyed for Hurricane Season
Meet MJ, the Bike Riding Tabby Cat
Britain Attack Believed Linked to Radical Islam
Raw: Kevin Durant Tours Moore After $1M Pledge
Man Shot While Questioned in Boston Probe
Weiner Launches Bid to Become NYC Mayor
School Storm Protection Spotty in Tornado Zones
Moore Native Toby Keith Tours Tornado Damage
