As Greece ended the day without offering an appropriate reforms for more bailout cash deal to the IMF, our markets in the U.S. lost early gains and fell into negative territory for the second day in a row. The Dow and S&P 500 closed at session lows for the second day in a row. All the major indices are still negative for the week.
The Dow transports closed in correction territory for the first time since October, down 10.6% from a record high of 9217.44 on December 29.
On the heels of the Supreme Court's 6-3 decision to uphold the Affordable Care Act subsidies, half a dozen health care stocks hit news lifetime highs Thursday. Investors clearly loved the decision, which caused shares of insurance and hospital stocks to jump immediately after it was announced.
And, swipe right to invest! IAC/Interactive, the media conglomerate run by Barry Diller, is getting ready to take its match unit public. This unit includes dating sites Match.com and Tinder. Shares of the media conglomerate hit a lifetime high Thursday, closing up 5.09% at $81.19 per share. Share were flat after hours.