Comment on US stocks slip after Greek 'no' vote; European markets sink

US stocks slip after Greek 'no' vote; European markets sink

NEW YORK (AP) — Stocks are falling in the U.S., but not dramatically, joining a wave of selling across the globe Monday after Greeks voted overwhelmingly to reject the terms of the country's latest bailout package. U.S. government bond prices rose as investors sought safe places to park money. The market declines were not as bad as many had feared, something analysts are crediting to the resignation of the Greek finance minister, which might help bailout talks resume. "The prospects of Greece remaining in the eurozone have suffered a setback," said Bill O'Neill, head of the U.K.

 

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