Dow drops 200 points as Greek debt troubles rise

June 29, 2015 2:35 PM

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NEW YORK - U.S. stocks fell Monday, following in the footsteps of European equities, with global investors reacting to Greece's debt woes worsening.

The market drop came as Greek Prime Minister Alexis Tsipras's opted to hold a July 5 referendum on the conditions tied to a bailout and heightened the odds that Greece will exit the euro.

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