Market Watch: Wall Street Remains In Holding Pattern

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U.S. stocks were lower on Thursday, as the market continued to followed ongoing debt negotiations between Greece and other European powers.

One market analyst said the market was ‘held hostage’ until the negotiations were completed with a resolution one way or another. Meetings are ongoing in Brussels throughout the day, with both sides hopeful of reaching a settlement before Tuesday’s deadline.

A missed payment to the International Monetary Fund would hasten the threat of Greece exiting the Euro Zone altogether.

Healthcare stocks jumped on Thursday morning after the Supreme Court ruled in favor of federal subsidies that help over 6 million people pay for Obamacare health plans under the Affordable Care Act.

Here are the final numbers from Thursday on Wall Street:

Dow Jones Industrial Average: 17,890.36 (-75.71)

NASDAQ: 5,112.19 (-10.22)

S&P 500: 2,102.31 (-6.27)

Phil Cannella
Partnered with CBS Radio Network, Phil Cannella reports on the issues most important to the American retiree.
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