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Stocks fall sharply as Greek deal goes sour
Market » Dissent among lawmakers grows; Dow sinks.


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— NYSE Euronext, parent company of the New York Stock Exchange, rose 4.5 percent, best among stocks in the S&P 500. It beat Wall Street estimates for revenue and profit. CEO Duncan Niederauer said the company would focus on growth and perhaps small acquisitions after a failed attempt to merge with a German exchange company.

— Telecom gear maker Alcatel-Lucent rose 12 percent after announcing it made its first annual profit in 2011 after years of losses.

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— First Solar, a solar panel maker, fell 10 percent. The company said a construction delay is threatening to undo the sale of a large solar project to power producer Exelon Corp.

Stocks were lower in much of Europe. The benchmark stock index in Athens fell 3.2 percent. Germany’s DAX was down 1.4 percent. The CAC-40 in France was down 1.5 percent.

On the New York Stock Exchange, three stocks fell for every one that rose. Volume was light, with just 3.5 billion shares trading hands.




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