European Union failed to deliver a resolution on Greece Debt Problem
Traders are growing impatient with the EU foot dragging but there are hopes that the EU and Greece would reach an agreement regarding loan guarantees to ensure Greece would not default on its sovereign debt.
Commodities lower at noon trading Wednesday Feb 10, 2010.Dow Jones down 91 pts Disney lower on flat earnings saying consumers and advertisers still cautious.NY Times beat expectations saying advertisers are coming back and circulation is slowly getting better. Bank of America and Merrill Lynch raised Dell Computer to a buy up 2.5%.