Sell-off of European Stocks Pressures U.S. Stocks to Decline

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U.S. stocks broadly declined for the week, pressured by the sell-off of European stocks as Greece’s debt-default drama intensified. Only the S&P 500 index managed to break even. Asian stocks were mixed, buffeted by U.S. bond market volatility and by worries about a U.S. rate increase, which cut investment flows into emerging markets.

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