U.S. stocks tumbled Wednesday, as the continued inability of Greece and its creditors to reach a settlement frustrated investors.
Greece Prime Minister Alexis Tsipras expressed anger at the slow-developing plans ahead of today’s meeting with Euro Zone officials in Brussels. As the deadline—now a mere five days away—approaches, the possibility of a Greek exit from the Euro Zone is being increasingly bantered about on Wall Street.
Domestically, 1st-quarter GDP numbers became official this morning at -0.2%. Investor reactions were muted—as the preliminary numbers already suggested a downturn—but speculation abounded as to the degree of recovery we would see in the second quarter.
Here are the final numbers from Wednesday on Wall Street:
Dow Jones Industrial Average: 17,966.07 (-178.00)
NASDAQ: 5,122.41 (-37.68)
S&P 500: 2,108.58 (-15.62)