US markets slid into negative territory shortly after the open, while European indices fell further after a day in the red, ahead of a crucial vote on Greece.
The Dow was 0.47% lower at 12,922, while the S&P 500 fell 0.4% to 1,360 and the tech-focused Nasdaq index slumped 0.48% to 2,950. Pending home sales data is due for release today, while the National Association of Business Economists (NABE)’s latest forecast sees the US economy expanding 2.4% in 2012. Europe’s leading markets have been lower today ahead of a German vote tonight on the second tranche of bailout cash for Greece. Over the weekend, G20 leaders snubbed European requests for increased funding for the IMF, urging eurozone member states to step up their support for the ind...
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