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Wall Street opens lower on Greece worries

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Reuters New York
Last Updated : Mar 05 2013 | 8:51 PM IST

US stocks opened lower on Monday after a five-week rally on concerns Greece will be unable to avoid a chaotic default as it tries to reach terms on a new bailout package.

The Dow Jones Industrial Average dropped 53.20 points, or 0.41%, to 12,809.03. The Standard & Poor's 500 Index dropped 5.81 points, or 0.43%, to 1,339.09. The Nasdaq Composite Index dropped 15.26 points, or 0.53%, to 2,890.40.

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First Published: Feb 06 2012 | 12:00 AM IST

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