A decidedly "risk off" start to the week.
Europe is red across the board, with Germany down 1.2%, France off 1.25%, and Italy down 2%.
Shares of Italian bank UniCredit are down 3%.
US futures are solidly in the red, as well, with losses on the order of 0.5%, or at least in that ballpark.
In terms of news, things are still pretty quiet. There was a bad Italian business confidence report but mostly not much is going on in the headline-world.
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See Also:
- European Markets Go Red After Greek Bailout Announcement
- SocGen Explains Why The Markets Aren't Excited About The Greek News
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