Economics
U.S. Stocks Fall as Energy Drops Amid Greek Debt Negotiations
Greek No Vote: End of an Era for Greece?
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U.S. stocks fell, with the Standard & Poor’s 500 Index extending its steepest weekly drop since March, as energy shares tumbled with the price of oil and investors weighed negotiations over Greece’s financial crisis.
Transocean Ltd. and ConocoPhillips fell more than 2.4 percent as West Texas Intermediate crude lost more than 7 percent. Aetna Inc. slid 6.4 percent, the most in three years, after agreeing to buy rival health insurer Humana Inc. for about $35 billion in cash and stock. Humana rose 0.8 percent.