US equities have cooled a little, with the sp' slipping from 2129 to 2120. VIX is similarly offering a turn, having put in a spike floor of 12.43.. and climbing back into the low 13s. USD is a little higher, +0.2% in the DXY 94.20s. Metals are under pressure, Gold -$15.
sp'60min
VIX'60min
Summary
*The EU/Greek meeting was originally scheduled for 1pm EST... I'm not sure if that is has been delayed some hours for various reasons.
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The Greek situation remains increasingly tedious, even if the can is successfully kicked into July... would it still not be a sell the news event?
Even the cheerleaders on clown finance TV have noted that if the Greek can is kicked again, the next issue will be that the Fed will be more free to raise rates.. and that will be a negative for the broader market.
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notable weakness: Alcoa (AA), -1.4% in the $11.70s.
strength: FIT, +20.1% in the $39s.... the hysteria heightens.