MarketWatch - Stock Market Quotes, Business News, Financial News

New York Markets Open in:

Futures: /quotes/zigman/43106711/delayed S&P 500 -1.8% /quotes/zigman/48241424/delayed DOW -1.8% /quotes/zigman/43108768/delayed NASDAQ -2.0%

need to know
Avon reports wider-than-expected loss
PepsiCo profit up 31% to top estimates
SNB chairman won’t rule out further rate cuts
Sweden cuts interest rate further below zero
European stocks knocked to lowest since 2013
FTSE 100 hits lowest level since 2012
SocGen profit up on Amundi stake sale
Dollar at lowest vs. yen since late 2014
Shell cancels $14.4 billion bridge credit facility
Hong Kong stocks dive as selloff kicks in
U.S. government runs $55 bln budget surplus

The greatest bull market of all time probably isn’t what you think it is
Greatest bull market ever likely isn’t what you think

Howard Gold: The 5 worst investment calls of this century
The 5 worst investment calls of this century

Chuck Jaffe: It’s time for these trendy mutual funds and ETFs to put up or shut up
Time for trendy ETFs, funds to put up or shut up

Rio Tinto swings to loss, drops dividend policy
Total narrows loss on fewer write-downs
Glencore copper, zinc output falls on cutbacks


Twitter proves Wall Street critics were right
Twitter adds new timeline feature

FBI closes in on Oregon holdouts


North Korea reportedly executes top general

India to pick up China’s slack in oil demand

BP CEO calls for cuts to carbon emissions
If you’re bullish on oil, these stocks are buys

Which of Europe’s Piigs might fly?
Which of Europe’s Piigs might fly?


The 10 toughest investment decisions

Bass issues warning on China’s foreign cash reserves
What’s holding back the world economy?
China's FX reserves drop $99.47 bln


Yellen: Fed isn’t sure negative rates are legal
Yellen doesn’t expect to reverse Fed rate hike
Yellen gets into heated exchange at hearing
Bond market, Yellen face off on negative rates

Will falling oil prices bankrupt Saudis, Russians?
Cheap oil may make OPEC dominant again
As oil revenue drops, Gulf states ponder taxes
Will oil get so cheap, it won’t pay to extract it?

Christie, Fiorina drop out of presidential race

A break for zombie-fighting Amazon developers
Why Apple, Amazon, Starbucks are successful
Amazon up after new share buyback plan

Portland Trail Blazers guards Damian Lillard and C.J. McCollum live with ... mom
Meet the NBA stars who live with their mothers

REIT bonus targets at heart of Brixmor scandal

Private-equity firms now buying back their own shares

Has college financial aid totally backfired?

Michael Moore: Imagine life without student debt
6 ways Obama would make college affordable

Social Security in the crosshairs: replacement rates again
Stage is being set for cuts to Social Security

Is it wise to hold on to cash reserves?

/conga/frontpage.html 367693

Markets »

122.29MDow Volume:
Avg Vol: 131.80M
Unchanged
201
Decliners
3048
Advancers
3255
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 15,915 -100 0.62%
Nasdaq
/quotes/zigman/12633936/realtime 4,284 +15 0.35%
S&P 500
/quotes/zigman/3870025/realtime 1,852 0 0.02%
GlobalDow
/quotes/zigman/629063/realtime 2,059 -21 1.00%
Gold
/quotes/zigman/33772884/delayed 1,235 +41 3.42%
Oil
/quotes/zigman/2260836/delayed 26.46 -0.99 3.61%
FTSE 100
/quotes/zigman/3173262/delayed 5,565 -107 1.89%
DAX
/quotes/zigman/2380246/delayed 8,827 -190 2.11%
CAC 40
/quotes/zigman/3173214/delayed 3,929 -132 3.26%
FTSE MIB
/quotes/zigman/1482176/delayed 15,934 -781 4.67%
IBEX 35
/quotes/zigman/2759620/delayed 7,850 -294 3.60%
Stoxx 600
/quotes/zigman/2380150/delayed 306 -9 2.98%
Asia Dow
/quotes/zigman/6959860/realtime 2,437 -17 0.70%
Nikkei 225
/quotes/zigman/5986735/delayed 15,713 -372 2.31%
Hang Seng
/quotes/zigman/2622475/delayed 18,546 -742 3.85%
Shanghai
/quotes/zigman/1859015/delayed 2,763 -18 0.63%
Sensex
/quotes/zigman/1652085/delayed 22,952 -807 3.40%
Singapore
/quotes/zigman/1709939/delayed 2,538 -44 1.70%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.01 0.46%
Yen
/quotes/zigman/16008150/realtime/sampled 112.23 -1.12 0.99%
Pound
/quotes/zigman/16008140/realtime/sampled 1.44 -0.01 0.85%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 0.00 0.39%
DXY Index
/quotes/zigman/1652083/delayed 95.62 -0.21 0.22%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.81 -0.08 0.09%
U.S. 10yr
/quotes/zigman/15866666/realtime 1.55 -0.13 7.49%
German 10y
/quotes/zigman/15866409/realtime 0.15 -0.09 36.33%
Italy 10yr
/quotes/zigman/15866497/realtime 1.74 +0.09 5.64%
Spain 10yr
/quotes/zigman/15866444/realtime 1.79 +0.07 4.22%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.24 -0.18 12.64%
Japan 10yr
/quotes/zigman/15866525/realtime 0.01 0.00 0.00%
Crude Oil
/quotes/zigman/2260836/delayed 26 -1 3.61%
Gold
/quotes/zigman/33772884/delayed 1,235 +41 3.42%
Corn
/quotes/zigman/25518691/delayed 360 0 0.07%
DJIA F
/quotes/zigman/48241424/delayed 15,583 -283 1.78%
S&P F
/quotes/zigman/43106711/delayed 1,813 -34 1.81%
Silver
/quotes/zigman/32655632/delayed 16 +0 1.95%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 101.00 1.46 1.47%
AAPL /quotes/zigman/68270/composite 94.27 -0.72 -0.76%
GOOG /quotes/zigman/59527964/composite 684.12 6.01 0.89%
BAC /quotes/zigman/190927/composite 11.98 -0.22 -1.80%
C /quotes/zigman/5065548/composite 37.41 -0.10 -0.27%
F /quotes/zigman/264304/composite 11.34 -0.01 -0.09%
T /quotes/zigman/398198/composite 36.43 -0.22 -0.60%
BP /quotes/zigman/247026/composite 28.04 -0.31 -1.09%
GE /quotes/zigman/227468/composite 28.30 0.02 0.07%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

World News from MarketWatch

Rates »

5 yr CD
1.3%
2 yr CD
0.7%
1 yr CD
0.5%
MMA $10K+
0.2%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.96% 11.96% 11.62%
Business 13.12% 13.12% 12.85%
Student 13.42% 13.42% 13.14%
Balance Transfer 14.35% 14.35% 14.12%
Airline 15.17% 15.17% 15.10%
Cash Back 15.20% 15.26% 15.27%
Reward 15.25% 15.28% 15.14%
Instant Approval 18.02% 18.21% 18.00%
Bad Credit 22.56% 22.88% 22.73%
Source:CreditCards.com

Top 3 from Barron's

Today's list of the most-viewed stories from Barron's. More »

  1. 1.
  2. 2.
  3. 3.

Visit Barrons.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/714403/composite SPY-0.09%
  • /quotes/zigman/41663/composite GLD+0.77%
  • /quotes/zigman/118681/composite TSLA-3.09%
  • /quotes/zigman/3059264/composite DUST-6.14%
  • /quotes/zigman/23556538/composite TWTR+4.03%
X
Powered by StockTwits
Link to MarketWatch's Slice.

As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

MarketWatch will continue to provide the same important news and information you rely on every day. And, as a MarketWatch user, you will be able to enjoy:

  • Personalized news and quote email alerts
  • Editorial e-newsletters about personal finance, mutual funds and market-specific coverage
  • Premium newsletters by our market experts
  • Games, such as Virtual Stock Exchange and Beat the Darts
  • Free WSJ.com registration

SmartMoney Blogs

Real-Time Advice
Our real-time advice on how market shifts and news impact you and your money

Greece’s Hotels Cut Prices to Lure Tourists

As Greek prepares to vote on its future, experts say hoteliers seem to be more concerned with the tourist turnout.

While flights to Greece remain at typical summertime levels, tour operators say the country’s hotels are slashing prices. One-fifth of Greek hotels and tour operators have reduced their prices in recent weeks, according to Travelzoo.com, which found discounts as high as 50% off. One European travel site, Trivago, said online hotel prices at hotels in Athens are down more than 20% so far this month versus the same time last year.  “Hotels are offering discounts that are highly unusual for this time of year,” says Odysseas Papadimitriou, CEO and founder of CardHub.com and frequent traveler to Greece.

Experts say the cuts are a response to few travelers visiting Greece, as fears of further instability and civil unrest there continue to grow. Tourism is set to drop by one-third during the peak season this summer, according to some estimates. European travel agency Thomas Cook and German tour operator TUI AG both reported a 30% drop in bookings, while the Greek Tourism Enterprises Association estimates they will fall by at least 15% this year. “Greeks are desperate for cash, and they know tourism is one of their economy’s backbones,” says Gregg Mauss, who runs Expeditions-Redefined, a New York-based luxury travel firm. (The tourism industry makes up around one-fifth of the Greek economy.)

The latest discounts are further helped by the strong dollar against the euro: hovering at $1.26 currently – a far better exchange rate than $1.43 this time last year. “It’s a perfect time to travel to Greece given that exchange rate hasn’t been this good for the last five summers,” Papadimitriou says. What’s more, he says a Greek exit from the euro could mean more ultra-cheap hotel and vacation home prices as the government would likely be forced to devalue the drachma to help pay off debts, making the dollar even stronger.

Also See:

To be sure, some say that the capital’s best hotels will remain expensive. “There’s nothing to say that a $400-a-night room at a five-star boutique hotel won’t still be $400-a-night regardless of the currency exchange rate,” Mauss says. And, for those who would rather spend their vacation seeing the Acropolis rather than sitting on a beach or island-hopping, Mauss says a return to civil unrest in Athens ahead could lead to museum closures or problems with public transportation.

Comments

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comments (3 of 3)

View all Comments »
    • I wanted to go to Greece, but I don’t want to be treated like crap by people who hate Americans! I also will not go to France for the exact same reason! When we’ve got money to spend we want to go somewhere that we’ll be treated with respect!

    • As a Greek American I can tell you this. The Greeks have not been too hospitable to us Americans for quite a few years now. They have made it perfectly clear that they dislike the Americans and don’t need the U.S. Dollar. My, haven’t things changed! It’s too late my brothers and sisters. we have found other places in the world who welcome our money. People who want to work. Not sit around on their duffs and wait for the retirement checks to arrive! You need to readjust your thinking and lifestyles.
      Think about how you recovered from both World Wars. That is the mentality you need today.

About Real-Time Advice

  • How breaking news — in the markets, Washington, and around the world — affects you and your money. Have a question about how current events may change your financial future? Email us at ask@smartmoney.com.

MarketWatch - Stock Market Quotes, Business News, Financial News

New York Markets Open in:

Futures: /quotes/zigman/43106711/delayed S&P 500 -1.8% /quotes/zigman/48241424/delayed DOW -1.8% /quotes/zigman/43108768/delayed NASDAQ -2.0%

need to know
Avon reports wider-than-expected loss
PepsiCo profit up 31% to top estimates
SNB chairman won’t rule out further rate cuts
Sweden cuts interest rate further below zero
European stocks knocked to lowest since 2013
FTSE 100 hits lowest level since 2012
SocGen profit up on Amundi stake sale
Dollar at lowest vs. yen since late 2014
Shell cancels $14.4 billion bridge credit facility
Hong Kong stocks dive as selloff kicks in
U.S. government runs $55 bln budget surplus

The greatest bull market of all time probably isn’t what you think it is
Greatest bull market ever likely isn’t what you think

Howard Gold: The 5 worst investment calls of this century
The 5 worst investment calls of this century

Chuck Jaffe: It’s time for these trendy mutual funds and ETFs to put up or shut up
Time for trendy ETFs, funds to put up or shut up

Rio Tinto swings to loss, drops dividend policy
Total narrows loss on fewer write-downs
Glencore copper, zinc output falls on cutbacks


Twitter proves Wall Street critics were right
Twitter adds new timeline feature

FBI closes in on Oregon holdouts


North Korea reportedly executes top general

India to pick up China’s slack in oil demand

BP CEO calls for cuts to carbon emissions
If you’re bullish on oil, these stocks are buys

Which of Europe’s Piigs might fly?
Which of Europe’s Piigs might fly?


The 10 toughest investment decisions

Bass issues warning on China’s foreign cash reserves
What’s holding back the world economy?
China's FX reserves drop $99.47 bln


Yellen: Fed isn’t sure negative rates are legal
Yellen doesn’t expect to reverse Fed rate hike
Yellen gets into heated exchange at hearing
Bond market, Yellen face off on negative rates

Will falling oil prices bankrupt Saudis, Russians?
Cheap oil may make OPEC dominant again
As oil revenue drops, Gulf states ponder taxes
Will oil get so cheap, it won’t pay to extract it?

Christie, Fiorina drop out of presidential race

A break for zombie-fighting Amazon developers
Why Apple, Amazon, Starbucks are successful
Amazon up after new share buyback plan

Portland Trail Blazers guards Damian Lillard and C.J. McCollum live with ... mom
Meet the NBA stars who live with their mothers

REIT bonus targets at heart of Brixmor scandal

Private-equity firms now buying back their own shares

Has college financial aid totally backfired?

Michael Moore: Imagine life without student debt
6 ways Obama would make college affordable

Social Security in the crosshairs: replacement rates again
Stage is being set for cuts to Social Security

Is it wise to hold on to cash reserves?

/conga/frontpage.html 367693

Markets »

122.29MDow Volume:
Avg Vol: 131.80M
Unchanged
201
Decliners
3048
Advancers
3255
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 15,915 -100 0.62%
Nasdaq
/quotes/zigman/12633936/realtime 4,284 +15 0.35%
S&P 500
/quotes/zigman/3870025/realtime 1,852 0 0.02%
GlobalDow
/quotes/zigman/629063/realtime 2,059 -21 1.00%
Gold
/quotes/zigman/33772884/delayed 1,235 +41 3.42%
Oil
/quotes/zigman/2260836/delayed 26.47 -0.98 3.57%
FTSE 100
/quotes/zigman/3173262/delayed 5,565 -107 1.89%
DAX
/quotes/zigman/2380246/delayed 8,827 -190 2.11%
CAC 40
/quotes/zigman/3173214/delayed 3,929 -132 3.26%
FTSE MIB
/quotes/zigman/1482176/delayed 15,935 -779 4.66%
IBEX 35
/quotes/zigman/2759620/delayed 7,850 -294 3.60%
Stoxx 600
/quotes/zigman/2380150/delayed 306 -9 2.98%
Asia Dow
/quotes/zigman/6959860/realtime 2,437 -17 0.70%
Nikkei 225
/quotes/zigman/5986735/delayed 15,713 -372 2.31%
Hang Seng
/quotes/zigman/2622475/delayed 18,546 -742 3.85%
Shanghai
/quotes/zigman/1859015/delayed 2,763 -18 0.63%
Sensex
/quotes/zigman/1652085/delayed 22,952 -807 3.40%
Singapore
/quotes/zigman/1709939/delayed 2,538 -44 1.70%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.01 0.46%
Yen
/quotes/zigman/16008150/realtime/sampled 112.22 -1.13 1.00%
Pound
/quotes/zigman/16008140/realtime/sampled 1.44 -0.01 0.84%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 0.00 0.39%
DXY Index
/quotes/zigman/1652083/delayed 95.61 -0.21 0.22%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.81 -0.08 0.09%
U.S. 10yr
/quotes/zigman/15866666/realtime 1.55 -0.13 7.49%
German 10y
/quotes/zigman/15866409/realtime 0.15 -0.09 36.62%
Italy 10yr
/quotes/zigman/15866497/realtime 1.74 +0.09 5.64%
Spain 10yr
/quotes/zigman/15866444/realtime 1.79 +0.07 4.18%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.24 -0.18 12.72%
Japan 10yr
/quotes/zigman/15866525/realtime 0.01 0.00 0.00%
Crude Oil
/quotes/zigman/2260836/delayed 26 -1 3.57%
Gold
/quotes/zigman/33772884/delayed 1,235 +41 3.42%
Corn
/quotes/zigman/25518691/delayed 360 0 0.07%
DJIA F
/quotes/zigman/48241424/delayed 15,583 -283 1.78%
S&P F
/quotes/zigman/43106711/delayed 1,814 -33 1.80%
Silver
/quotes/zigman/32655632/delayed 16 +0 1.95%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 101.00 1.46 1.47%
AAPL /quotes/zigman/68270/composite 94.27 -0.72 -0.76%
GOOG /quotes/zigman/59527964/composite 684.12 6.01 0.89%
BAC /quotes/zigman/190927/composite 11.98 -0.22 -1.80%
C /quotes/zigman/5065548/composite 37.41 -0.10 -0.27%
F /quotes/zigman/264304/composite 11.34 -0.01 -0.09%
T /quotes/zigman/398198/composite 36.43 -0.22 -0.60%
BP /quotes/zigman/247026/composite 28.04 -0.31 -1.09%
GE /quotes/zigman/227468/composite 28.30 0.02 0.07%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

World News from MarketWatch

Rates »

5 yr CD
1.3%
2 yr CD
0.7%
1 yr CD
0.5%
MMA $10K+
0.2%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.96% 11.96% 11.62%
Business 13.12% 13.12% 12.85%
Student 13.42% 13.42% 13.14%
Balance Transfer 14.35% 14.35% 14.12%
Airline 15.17% 15.17% 15.10%
Cash Back 15.20% 15.26% 15.27%
Reward 15.25% 15.28% 15.14%
Instant Approval 18.02% 18.21% 18.00%
Bad Credit 22.56% 22.88% 22.73%
Source:CreditCards.com

Top 3 from Barron's

Today's list of the most-viewed stories from Barron's. More »

  1. 1.
  2. 2.
  3. 3.

Visit Barrons.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/714403/composite SPY-0.09%
  • /quotes/zigman/41663/composite GLD+0.77%
  • /quotes/zigman/118681/composite TSLA-3.09%
  • /quotes/zigman/3059264/composite DUST-6.14%
  • /quotes/zigman/23556538/composite TWTR+4.03%
X
Powered by StockTwits
Link to MarketWatch's Slice.

As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

MarketWatch will continue to provide the same important news and information you rely on every day. And, as a MarketWatch user, you will be able to enjoy:

  • Personalized news and quote email alerts
  • Editorial e-newsletters about personal finance, mutual funds and market-specific coverage
  • Premium newsletters by our market experts
  • Games, such as Virtual Stock Exchange and Beat the Darts
  • Free WSJ.com registration