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Futures sharply lower; live CNBC coverage tonight at 8pm ET
cnbc.com ^ | July 5, 2015 | Everett Rosenfeld & Ben Berkowitz

Posted on 07/05/2015 4:21:18 PM PDT by John W

U.S. futures are sharply lower after the Greek vote, and CNBC will have live coverage of the aftermath tonight at 8 p.m. ET.

The Greek people voted resoundingly on Sunday to reject proposals from their European creditors.

S&P 500 futures fell 1.5 percent in early trading after 6 p.m. ET (2200 GMT).

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Germany; News/Current Events; Politics/Elections; United Kingdom
KEYWORDS: alexistsipras; europeanunion; france; futures; germany; greece; greececrisis; greecereferendum; greek; nato; stockmarket; stockmarketfutures; syriza; unitedkingdom
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1 posted on 07/05/2015 4:21:18 PM PDT by John W
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To: John W

I am currently watching CNBC world news on Verzion FIOS channel 106

Going be very interesting Monday morning


2 posted on 07/05/2015 4:25:13 PM PDT by SevenofNine (We are Freepers, all your media bases belong to us ,resistance is futile)
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To: John W
doomed photo: Doomed doomed3.gif
3 posted on 07/05/2015 4:26:02 PM PDT by Snickering Hound
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To: John W

I got my single stocks out of the market I fear this is the trigger that will be the big one I also fear the one doing bad bad things


4 posted on 07/05/2015 4:26:35 PM PDT by al baby (Hi Mom)
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To: SevenofNine

As a member of the uncounted worker bee class.. I dread what may come..

GOd have mercy. :-) I leave it at that.


5 posted on 07/05/2015 4:27:37 PM PDT by NormsRevenge (SEMPER FI!! - Monthly Donors Rock!!)
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To: John W

Yeah, saw that. When debt is not going to be paid, things REALLY go down, don’t they. Hmmmmmm......


6 posted on 07/05/2015 4:29:10 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: NormsRevenge

Going be bloodbath I think so

Richard Quest had dude on this might beginning of Eurozone just collapse

Of course I try understand Richard on CNN internatnial he was so hyper LOL!


7 posted on 07/05/2015 4:29:27 PM PDT by SevenofNine (We are Freepers, all your media bases belong to us ,resistance is futile)
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To: al baby

I read that we have very little exposure to Greece, and even the Eurowheenies should survive it. The Greeks should be cannibalizing each other by next week though.


8 posted on 07/05/2015 4:30:48 PM PDT by Greetings_Puny_Humans (I mostly come out at night... mostly.)
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To: NormsRevenge

They cannot bail them out without concessions. Italy, Spain, Portugal next.


9 posted on 07/05/2015 4:31:36 PM PDT by umgud (When under attack, victims want 2 things; God & a gun)
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To: al baby

I’m betting the other way that this isn’t enough yet to trigger the long awaited big one.


10 posted on 07/05/2015 4:34:15 PM PDT by John W (Less Than Two Years of ISIS Best Friend Left)
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To: SevenofNine

Whew. we been waiting to stick some money in the market but haven’t seen a bigenuf drop yet to jump in on..

If not gReece slicked.. THE EU has sure gavel.. should be interesting.. we’ve been thru worse. )


11 posted on 07/05/2015 4:34:17 PM PDT by NormsRevenge (SEMPER FI!! - Monthly Donors Rock!!)
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To: John W

Dow premarket showing down 223 (1.26%), NASDAQ down 62.25 (1.41%) and S&P down 27.75 (1.34%). Compared to the last few weeks of the Chinese markets, not much to see.


12 posted on 07/05/2015 4:34:24 PM PDT by PAR35
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To: John W

Time for the rest of the EU to cut their losses. Greece is hopeless.


13 posted on 07/05/2015 4:34:33 PM PDT by Rockitz (This is NOT rocket science - Follow the money and you'll find the truth.)
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To: John W

Shanghai down 6%
NIKKEI opens in 30 min.

Seems like it’ll be a 3% drop in the markets. Should recover 1% afterwards.


14 posted on 07/05/2015 4:35:35 PM PDT by struggle
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To: al baby

This could be “it”, but maybe not.

One thing is certain: This is a crisis, and a gigantic test of whatever remaining power the central banks of the world have left.

It will take a while for the domino effect to kick in, and they will use every trick in the book to keep that from happening. However, if more dominoes start to fall I doubt even the supposedly all powerful central banks will be able to control it.


15 posted on 07/05/2015 4:36:09 PM PDT by EternalHope (Something wicked this way comes. Be ready.)
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To: Greetings_Puny_Humans

Gold +$7 ,,, debt is the key ... it far outweighs equities.. the euroweenies will cave to avoid a crash... but the smart money knows how the story ends..


16 posted on 07/05/2015 4:36:37 PM PDT by Neidermeyer ("Our courts should not be collection agencies for crooks." — John Waihee, Governor of Hawaii, 1986-)
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ΓΙΒΣΜΕΔΑΤΣ
17 posted on 07/05/2015 4:37:03 PM PDT by dsrtsage (One half of all people have below average IQ. In the US the number is 54%)
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To: dsrtsage

This is going be EU Version of My BIG FAT Greek Debt like aka My BIG Fat Greek Wedding


18 posted on 07/05/2015 4:37:48 PM PDT by SevenofNine (We are Freepers, all your media bases belong to us ,resistance is futile)
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To: Greetings_Puny_Humans
What's old is new again. They'll be using 100 billion drachma notes for fish wrap.


19 posted on 07/05/2015 4:39:31 PM PDT by Sirius Lee (All that is required for evil to advance is for government to do "something")
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To: NormsRevenge

Think I’ll go check on my garden.


20 posted on 07/05/2015 4:41:54 PM PDT by cripplecreek (Sad fact, most people just want a candidate to tell them what they want to hear)
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