U.S. stocks Tuesday finished off their worst levels of the day, as Europe's political turmoil adds a new worry for global markets. The Dow was down 76 points, or 0.6 percent, to 12,932. The S&P was down 6 points, while the Nasdaq lost 11 points. Futures trading suggests losses this morning.
- International stock markets fell today as political turmoil in Greece pushed the debt-crippled country closer to financial disaster. Japan's Nikkei closed at a three-month low. Crude oil sank to near $96 a barrel. The dollar rose against the euro and fell against the yen.
- On today's economic calendar, the Commerce Department today releases wholesale trade inventories figures for March. Also, Macy's, News Corp. and Toyota are among firms reporting quarterly earnings.
- Couples retiring this year can expect to pay more for medical bills than those who retired a year ago. An annual projection released today by Fidelity Investments estimates a newly retired couple will need $240,000 to cover health care expenses over their retirement.
- The Export-Import Bank is expected to take a step toward a new lease on life today. The House is set to extend the current charter after a senior House Republican and Democrat reached a compromise aimed at answering some criticisms of the bank. If it passes, the bill goes to the Senate.
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