The Standard & Poor’s 500 Index fell the most in eight months to erase its gain for 2015, and European shares capped their worst day this year on concern Greece will exit the euro. Greece shut lenders and imposed capital controls, a measure that will deepen the country’s recession and risk driving it toward an exit from the euro. European leaders raised pressure on the country to re-engage, saying it’s up to the government to step back from the brink and stay in the euro. “This is going to get quite messy between now and the weekend,” Kevin Caron, a market strategist and portfolio manager who helps oversee $170 billion at Stifel Nicolaus & Co.
S&p 500 Wipes Out Gain For 2015 Amid Global Sell-off
By Jeremy Herron, San Francisco Chronicle: Business
Mon, 06/29/2015 - 3:54pm
Topics: standard poor s this kevin caron stifel nicolaus co there prime minister alexis tsipras july european commission stock chicago board options exchange volatility index april we michael james wedbush securities inc los angeles ase treasurys bloomberg dollar spot index federal reserve september data monday the shanghai composite index index european greece the greek u.s fed gain percent raise fell billion year cut exit speculation rose country rates
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