SAN FRANCISCO (MarketWatch)
U.S. stocks Tuesday sank on concerns about Greece
debt, sending the Dow Jones Industrial Average to its
third straight triple-digit loss
That was the first such loss streak since
early September
The Dow fell 104.14 points, or 0.8%, to 12,617.32, led by a
5.9% drop in Cisco Systems Inc.
The
S&P 500 lost
12.21 points, or 0.9%, to 1,338.31
Telecoms led losses for all 10 S&P 500
sectors
The Nasdaq Composite lost
27.16 points, or 0.9%, to 2,862.99
A Reuters report that European Union
officials believe Greece will have to restructure about $242 billion in debt
sent stocks skidding midday
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