NEW YORK (AP) — U.S. stocks are opening mixed as traders wait for European leaders to hammer out a bailout deal for Greece.
The Dow slipped 4 points to 12,874 shortly after the opening bell. The broader Standard & Poor’s 500 index edged up less than a point, at 1,347. The Nasdaq composite rose 2 points to 2,906.
Greece is in danger of defaulting on its debt next month if leaders can’t agree on new cost-cutting measures that the country’s lenders are demanding. A host of deadlines have already passed without agreement, but the prevailing view on the markets is that a deal will be secured soon.
The talks were delayed three days to make time for exhaustive negotiations with representatives of the European Union, the European Central Bank and the International Monetary Fund.