U.S. Stocks Decline as Investors Assess Data Amid Greek Talks
(Bloomberg) -- Jeremy Siegel, a finance professor at the University of Pennsylvania's Wharton School, talks about the U.S. stock and bond markets, and Federal Reserve policy. He speaks with Stephanie Ruhle and Erik Schatzker on Bloomberg Television's "Market Makers." (Source: Bloomberg)
U.S. stocks declined, with equities earlier falling to a three-week low, while investors weighed economic data and potential progress in Greece’s debt talks.
Delta Airlines Inc. dropped 2.6 percent after cutting its forecast on a second-quarter revenue measure. Semiconductors slid as Intel Corp. fell 1.9 percent. Managed-care providers weighed on health-care shares. Energy companies rose along with oil prices, while Freeport-McMoRan Inc. and Alcoa Inc. jumped as the dollar’s biggest slide in more than two months helped boost raw-material companies.