Wall Street Still Sees Red Over European Mess


By the time opening bells rang on Wall Street this morning, the rest of the world's markets had already retreated from earlier enthusiasm over a victory for pro-bailout parties in Sunday's Greek elections.

According to The New York Times, "although reaction from political and economic leaders was broadly optimistic about the chances for the euro-zone, opinions were tempered by the size of the challenges ahead for Greece and for Europe."

And for Americans who dismissed the Greek election as a vague event half a world away, hundreds of thousands of U.S. 401K accounts took a beating this morning when the Dow Jones Industrial Average sank more than 37 points in early trading.

Of local interest, Micron, Hewlett-Packard and IdaCorp were all down this morning.