The Dow Jones Industrial Average
|Dow Jones Industrial Average||-6.74 [-0.05%]||12,653.72|
The Dow opened down after German Chancellor Angela Merkel declined to discuss Greece this morning at a European summit in Brussels. The reason given was that the governing bodies that oversee the Greek bailout packages are still in talks with Greece, banks, and other bondholders. Investors believe a second debt bailout is needed to keep Greece from defaulting.
The rest of the day, though, was a slow climb for the Dow, and it nearly ended up.
Bank of America
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Dan Dzombak owns shares of Bank of America, but he holds no other position in any company mentioned. Check out his holdings and a short bio. The Motley Fool owns shares of Bank of America and Microsoft. Motley Fool newsletter services have recommended buying shares of and creating a bull call spread position in Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.