"The fear factor is definitely higher"
- Madelynn Matlock, a fund manager at Huntington Asset Advisors
U.S. stocks retreated on Monday on a political impasse in Greece.
The Standard & Poor's 500 gained 0.12%, or 1.61 points, to 1,378.53. The Dow Jones Industrial Average surged by 0.50%, or 65.16 points, to 13,029.26. The Nasdaq Composite Index lost 0.24%, or 7.11 points, to 3,000.45.
"The fear factor is definitely higher," said Madelynn Matlock, a fund manager at Huntington Asset Advisors in Cincinnati.
"The whole European political situation is really the focus at this point. Nobody really knows what's going to happen next and the market hates uncertainty more than anything."
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