U.S. Stocks Open Lower Amid Greek Deadlock

The U.S. stock market began the holiday-shortened week on a sour note Tuesday, as investors reacted to the latest news on Greece. The deadlock between Greece and its creditors, after talks collapsed on Monday, weighed on sentiment. Adding to general gloom was a weaker-than-expected reading on manufacturing activity in New York State. The S&P 500 dropped 5 points, or 0.3%, to 2,091. The Dow Jones Industrial Average opened 50 points, or 0.3%, lower at 17,972. The Nasdaq Composite fell 8 points, or 0.2%, to 4,885.

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