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US: Stocks pause as market eyes Greece talks

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[NEW YORK] US stocks opened little changed Monday as markets eyed talks between Greece and international creditors amid concerns about a potential Greek debt default.

About six minutes into trade, the Dow Jones Industrial Average was at 18,186.17, down 4.94 points (0.03 per cent).

The broad-based S&P 500 added a scant 0.64 (0.03 per cent) at 2,116.70, while the tech-rich Nasdaq Composite Index gained 10.59 (0.21 per cent) at 5,014.14.

The eurozone's 19 finance ministers meet in Brussels Monday as Greece pushes its reform plans in hopes of freeing up bailout cash one day before the debt-riddled country must make a 750 million euro (US$840 million) debt payment to the International Monetary Fund.

Greece has resisted tough reform requirements that its creditors have set for the release of further bailout funds.

Monday's trade marked a pause after a Friday's major rally after a solid US jobs report.

AFP

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