Stocks were trading lower early Monday on concerns that Greece won’t be able to pass austerity measures, and will default on its obligations. The coalition governing Greece could not agree on certain aspects of a plan, including wage cuts; the country needs to qualify for another bailout to meet debt payments coming due next week.
European stocks were mostly lower, with France’s CAC 40 down 0.9%.
The Dow fell 52 points to 12,811; the S&P 500 fell 5 points to 1,340.
Humana (HUM) fell 4% after forecasting weak earnings. Hospital chain HCA (HCA) rose 6.3% after posting better than expected earnings.
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