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  • S&P/TSX

    22,160.89
    +53.81 (+0.24%)
     
  • S&P 500

    5,249.64
    +1.15 (+0.02%)
     
  • DOW

    39,751.42
    -8.66 (-0.02%)
     
  • CAD/USD

    0.7386
    +0.0014 (+0.19%)
     
  • CRUDE OIL

    82.78
    +1.43 (+1.76%)
     
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  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,241.70
    +29.00 (+1.31%)
     
  • RUSSELL 2000

    2,127.85
    +13.50 (+0.64%)
     
  • 10-Yr Bond

    4.1980
    +0.0020 (+0.05%)
     
  • NASDAQ

    16,371.27
    -28.25 (-0.17%)
     
  • VOLATILITY

    12.96
    +0.18 (+1.41%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • NIKKEI 225

    40,168.07
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  • CAD/EUR

    0.6838
    +0.0033 (+0.48%)
     

Stocks are getting crushed

Screen Shot 2015 07 07 at 12.58.31 PM
Screen Shot 2015 07 07 at 12.58.31 PM

(Google Finance) Near 1:00 p.m.

Stocks drifted lower on Tuesday, with the S&P 500 turning red for the year, but recovered some losses in the early afternoon.

Near 1:14 p.m. ET, the Dow was up three points, the S&P 500 was little changed but higher, and the Nasdaq was down 21 points. The S&P 500 had fallen into the red for the year.

Stocks slipped into the close on Monday after Greek's voted a resounding "No" during the weekend to the latest bailout package offered by creditors.

Commodities are getting crushed.

West Texas Intermediate crude oil briefly turned positive after falling more than 4% to as low as $50.70.

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Gold fell more than $15 to a three-month low. Silver fell more than 3%.

The euro fell another leg lower on Tuesday to around $1.0917. That's below the level it reached when it plunged Sunday after the Greek referendum result.

Treasuries are rallying, and the yield on the benchmark 10-year note fell as much as six basis points at around 2.21% – a five-week low.

Tesla shares fell more than 5% after Deutsche Bank analysts downgraded their rating from "Buy" to "Hold" even though they bumped their price target. The analysts wrote in a note that the company is expected to see massive growth from its cars and home batteries, but much of that is already accounted for in the stock price.

Shake Shack slid more than 10% in trading after Morgan Stanley analysts downgraded to "Underweight" from "Equal Weight" because shares are overvalued. In completely separate news, Shake Shack announced it's launching a chicken sandwich.

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