FTSE 100 trims gains as Dow Jones, S&P 500 and NASDAQ decline on Greece debt woes

Proactive Investors UK - FTSE 100 trims gains as Dow Jones, S&P 500 and NASDAQ decline on Greece debt woes

FTSE 100 trims gains as Dow Jones, S&P 500 and NASDAQ decline on Greece debt woes

Overview: the FTSE 100 turned negative late in the session before recovering to stand just above the opening level after European Union President Herman Van Rompuy announced that a deal to provide aid for debt laden Greece has been reached without providing any further details to leave investors guessing whether the measures outlined in the rescue plan would be sufficient to guide the country out of the debt crisis and whether other troubled euro zone member states including Spain and Portugal would seek EU aid as well.

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