Markets Are Going Down

Kittinger Skydive

Photo: U.S. Air Force

Solid red day across the board so far.Italy is off 0.5%

Spain is down 0.7%.

Germany is down 0.5%

WSJ is reporting that Greek creditors are still at an impasse, and that appears to be adding to the risk-off-ness.

Merkel is in Athens today, so that will likely be a big topic of attention.

US futures are moderately lower.

In Asia, Japan fell 1%, while China rallied nearly 2%.

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