German Chancellor Angela Merkel is to visit Greece this week for the first time since the European debt crisis erupted. Merkel is unpopular in Greece because her government has been instrumental in pushing Athens to make austerity cuts in exchange for its bailout loans.Benchmark oil for November delivery was down 40 cents to $89.47 per barrel in electronic trading on the New York Mercantile Exchange. The contract closed down $1.83 to $89.88 per barrel on the Nymex on Friday.
Asia Stocks Down As Global Growth Woes Intensify
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.