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After Greece announced it would hold a referendum on the new austerity plan, U.S. stocks gapped down, erasing a week of euphoric gains and casting major doubt over the deal.

Stocks dropped after statements made by the U.S. Federal Reserve provided now news of possible stimulus packages in the near future and said the economy is expanding moderately.

U.S. stock-index futures point to a downer at the open. Economic indicators are key this week as focus turns to the home front. Buyers likely on dips.

European markets gave back early gains today after the Bank of England came out with its quarterly Inflation Report. U.S. futures look to a lower open today.

All that money parked in safe instruments earning nothing will someday stampede into stocks All it will take is for Europe's risk of contagion to come off the table, There yet?

Despite a host of better-than-expected U.S. economic data, Wall Street is resting after a much-needed winning streak. Bulls are in control, but may be waiting for a dip.

Brighter analyst expectations for the broader economy in the third quarter helped to bolster shares of strong retailers that had been weighed down by pessimistic outlooks for the future.

Gold futures opened higher in the Asia electronic trades today with the equities trading higher on back of solid gains in US yesterday. Stocks climbed sharply across Asia as investors looked to possible improvement in the global economy, with technology firms lifted by U.S.

The market is thumbing its nose at the S&P European down grades - Euro-zone countries raising money at lower costs - good. Today's Rally Must Hold gains though.

While investors wait for more news on Greece, the market is also looking forward to the conclusion of the two-day Federal Reserve meeting today.

Most American banks passed the Federal Reserve's stress tests, but what does this mean for the future of the financial sector?

The market was trading higher today but plunged after Federal Reserve's Beige Book renewed concerns of weak economic growth for the foreseeable future.

The market still seems confident that a solution will be found as a budget vote for Italy, but there is certainly room for that all to change.

Traders are watching the political situation in Italy, where Prime Minister Silvio Berlusconi has pledged to step down, despite continuing to try to reclaim majority support.

Italy and Greece are the main focus right now on Wall Street, and each has undergone major leadership changes in hopes of expediting economic reform.

Factors from the strong recent earnings report to the potential resolution of the protracted Greek crisis helped shares of major oil and gas companies to push higher today. Midcap options were largely ignored as mammoth mergers threaten to impact their strategies.

The latest manufacturing data fell short of expectations and negatively impacted shares of industrial metals miners. Ongoing worry over the Greek banking crisis also struck the sector.