Home / News Summary: Advice for Europe-wary investors

News Summary: Advice for Europe-wary investors

My Fox Spokane Biz
News Summary: Advice for Europe-wary investors
Submitted by Fox First at Ten on June 15th

By The Associated Press
EURO FEARS: Elections in Greece on Sunday are the start of a critical two weeks in Europe that have investors uneasy about whether the eurozone will begin unraveling, sinking stock markets.
MARKET POSSIBILITIES: Experts say a "relief rally" could occur in global markets if Greek voters don't support the anti-reform Syriza party group. But a worst-case scenario -- Greece taking steps to exit the 17-nation eurozone, followed by Spain and Italy -- might send stocks on an extended plunge.
CAUTION ADVISED: Experts advise investors not to abandon the market or change their strategy because of the crisis. But those who will need to tap stock accounts in the next year or two may want to reduce the percentage of stock funds in their 401(k) accounts.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Post new comment

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

Comments

Most Popular Stories

Obama To Visit Tornado-Ravaged OK Town

Obama To Visit Tornado-Ravaged OK Town
Submitted by Fox First at Ten on May 22nd
WASHINGTON (AP) - President Barack Obama will travel to tornado-ravaged Moore, Okla., on Sunday.    That's according to a White House official, who wasn't authorized to publicly discuss the trip ahead of the official announcement and requested anonymity.    A

I-5 bridge collapses into Wash. river, injuring 3

I-5 bridge collapses into Wash. river, injuring 3
Submitted by Fox First at Ten on May 24th
By MANUEL VALDES and MIKE BAKERAssociated Press MOUNT VERNON, Wash. (AP) - An Interstate 5 bridge over a river collapsed north of Seattle Thursday evening, dumping two vehicles into the water and sparking a rescue effort by boats and divers as three injured people were pulled from the chilly

Flooding forces evacuation of 1,300 in ND town

Flooding forces evacuation of 1,300 in ND town
Submitted by Fox First at Ten on May 22nd
By BLAKE NICHOLSON and DAVE KOLPACKAssociated Press BISMARCK, N.D. (AP) - A dam that threatened to give way and flood a North Dakota town was holding back the water on Wednesday, though the 1,300 residents of Cavalier were still being told to stay away from their homes. Steady rainfall between