Stocks closed slightly lower today as lingering questions about Europe and corporate earnings overshadowed growing optimism about economic growth after a five-week rally.
German Chancellor Angela Merkel told Greece to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country's political leaders responded by delaying their decision for yet another day.
In company news...
Objections to Express Scripts' 29 billion dollar plan to buy rival pharmacy benefits manager Medco Health Solutions are accumulating as U.S. antitrust regulators weigh whether they have enough evidence to stop the megamerger.
AND in other news...
Redbox announced plans to introduce an online platform to augment its DVD rental service, making it a new challenger in a tight online streaming market.
