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Greece is in the hot seat again, as negotiations between the European country and its private creditors have come to a halt. According to reports, Greece’s leading political forces missed responding to a deadline that would enforce demands for harsher measures to be implemented. Wall Street is growing familiar with financial woes abroad, thus mortgage-backed securities are up slightly again this morning. Up next in this week’s economic release schedule is today’s 1 p.m. auction of $32 billion in 3-year notes.

What’s Up on Wall Street?

All three major U.S. Stock indexes were little moved yesterday because investors have been hesitant to make any moves until Greece figures out its debt issues. The Dow Jones Industrial Average dropped 17.10 points (0.13 percent). The S&P 500 barely moved but dropped 0.57 points (0.04 percent), same as the Nasdaq Composite, which fell 3.67 points (0.13 percent).

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