Greek 'day of reckoning' shakes stock markets

April 17, 2015 5:58 PM

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U.S. stocks are broadly lower in afternoon trading Friday following steep declines in Europe. Investors are worried that Greece may default on its debt and exit the eurozone. Shares of several big U.S. companies, including American Express, dropped after disappointing results.

KEEPING SCORE: The Dow Jones industrial average slumped 242 points, or 1.3 percent, to 17,863 as of 1:25 p.m. Eastern time. The Standard & Poor's 500 lost 21 points, or 1 percent, to 2,084. The Nasdaq fell 70 points, or 1.4 percent, to 4,937. All 10 industry groups in the Standard and Poor's 500 fel...

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