Wall Street tumbles as little expected from summit

NEW YORK (Reuters) – Stocks fell on Monday, erasing the S&P 500 index's gains for June so far, as investors saw few reasons to buy before a European Union summit this week. Energy and bank stocks led the decline on the S&P 500. U.S. crude futures dropped near last w
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EU summit may not calm investors for long (Reuters)

Reuters – Last week’s EU summit went a long way towards forging the closer economic ties needed to prevent future debt crises but markets are likely to judge it as too little and too late to solve the current one, and as on previous occasions the measures are unlikely to c
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Wall St edges up with eyes on EU summit (Reuters)

Reuters – Hopes the euro zone will figure out a solution to its ongoing debt crisis inspired enough buying to push stocks to a third day of gains on Wednesday in light trading. Yahoo! News: Business News
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