US stocks slide on Greece, US worries

US stocks sank in opening trade Tuesday amid worries about Greece's debt crisis and a US "fiscal cliff" of spending cuts and tax hikes at year-end expected to drag the economy into recession.

In the first five minutes of trade, the Dow Jones Industrial Average shed 49.53 points (0.39 percent) at 12,765.55.

The broad-market S&P 500 dropped 7.75 points (0.56 percent) to 1,372.28, while the tech-rich Nasdaq Composite skidded 24.82 (0.85 percent) to 2,879.43.

"The fiscal cliff concern hasn't gone away... (and) the concerns about Greece are still present," Patrick O'Hare at Briefing.com said in a client note.

"The only clear thing right now is that there is a lot of uncertainty and that there isn't a headline today so far that is the equivalent of a game-changer."

On Monday US stocks closed flat as investors weighed fiscal cliff fears and eurozone debt concerns.

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3994+0.0002+0.01%
    USDSGD=X
    1.5733-0.0002-0.02%
    EURSGD=X
    2.1564+0.0007+0.03%
    GBPSGD=X
    86.4611-0.138-0.16%
    SGDJPY=X
    5.5387-0.0007-0.01%
    SGDHKD=X
    3.0103+0.0018+0.06%
    SGDMYR=X
    10,032.5459-7.5732-0.08%
    SGDIDR=X
    4.5780-0.0011-0.02%
    SGDCNY=X
    1.0059+0.003+0.30%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,125.70+3.10+0.28%
    GCZ15.CMX
    14.49+0.07+0.51%
    SIU15.CMX
    46.84+2.87+6.53%
    ^XAU
    2.330.00+0.13%
    HGZ15.CMX
    42.42-0.14-0.33%
    CLV15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.48+0.01
    ^FVX
    2.170.00
    ^TNX
    2.90-0.03
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.515+0.065+14.44%
    N21.SI
    0.55+0.09+19.57%
    5CP.SI
    0.310.000.00%
    5WA.SI
    3.850.000.00%
    Z74.SI
    0.695+0.050+7.75%
    5ME.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.21+0.04+27.27%
    L02.SI
    1.15+0.22+23.66%
    AYB.SI
    0.40+0.07+21.21%
    AZZ.SI
    0.55+0.09+19.57%
    5CP.SI
    0.159+0.026+19.55%
    DU4.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.10-0.08-44.44%
    5OF.SI
    0.42-0.07-14.29%
    5DO.SI
    0.122-0.016-11.59%
    EB7.SI
    0.197-0.023-10.45%
    B69.SI
    0.177-0.020-10.15%
    5HJ.SI