Disappointing US data and heightened risks of a Greek exit weighed on market sentiment and sent equities lower. Wall Street dropped with the DJIA and S&P 500 indices losing -0.04% and -0.08% respectively. Eurozone’s Stoxx600 dropped almost -1% after Financial Times’ reported suggesting that the IMF had rebuffed Greece’s request to defer debt repayments.
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Soft US Data Raised Concerns of Growth Outlook