US stocks end lower after Greek 'no' vote; Europe sinks

U.S. stocks are closing slightly lower after Greeks rejected the terms of the country's latest bailout.

European markets had bigger losses Monday, but not as bad as many were expecting.

Many credited the moderate declines to the resignation of Greece's finance minister, who had clashed with his European counterparts.

Energy stocks fell more than the rest of the market after the price of oil plunged almost 8 percent.

The Dow Jones industrial average fell 46 points, or 0.3 percent, to 17,683.

The Standard & Poor's 500 index gave up eight points, or 0.4 percent, to 2,068. The Nasdaq composite fell 17 points, or 0.3 percent, to 4,991.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.29 percent.
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