Stock Prices Open Lower on Euro Debt Fears

FILE - In this Dec. 20, 2011 file photo, traders John Panin, center, and Robert Charmay, right, work on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)

U.S. stock prices are falling at the opening of trading. Uncertainty about a deal between Greece and its creditors to ease its debt burden is weighing on investor sentiment.

Minutes after the opening bell, the Dow Jones industrial average is down 105 points, or 0.8 percent, to 12,554.

The broader S&P 500 index is down 12 points, or 0.9 percent, to 1,303. The Nasdaq composite is down 26 points, or 1 percent, to 2.789.

European leaders gathering in Brussels hope to focus on how to stimulate economic growth when huge government spending cuts threaten to push many countries back into recession.

Source: Yellowbrix

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