US joins global equity slump on Greek exit fears

Wall Street opened lower today, joining a global equity slump triggered by mounting concerns over Greece's future in the eurozone.

The S&P 500 fell 0.6% to 1,309, the Dow Jones slumped 0.6% and the Nasdaq slipped 0.9% in early trading. At the stock level, Facebook will also be the subject of scrutiny following reports the US regulator may review the social network's disclosure process prior to last week's float, and that the group is facing lawsuits from disgruntled investors. The stock was 3.65% in early trading following losses of more than 25% since its market debut. In Europe, eurozone officials have agreed each member country must prepare an individual contingency plan in the eventuality Greece leaves the si...