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US stocks decline amid Greek debt standoff, factory data miss

2015-06-16 03:40:51| Semiconductors - Topix.net

U.S. stocks retreated, with the Standard & Poor's 500 Index slipping below its average price during the past 100 days, after weekend negotiations between Greece and its creditors broke down and factory data were weaker than forecast. Industrial shares led declines as United Technologies Corp. dropped 2.5 per cent after lowering its 2015 profit target amid weakness at the Sikorsky helicopter unit being targeted for divestiture.

Tags: data miss factory debt

Category:Electronics and Electrical

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