Deals
U.S. Stock Futures Slide on Greek Financial-Aid Impasse
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U.S. stocks fell, snapping a five-week-rally for the Standard & Poor’s 500 Index, on concern that plans to help Greece avoid default were unraveling and as confidence among American consumers dropped more than forecast.
Citigroup Inc. and Bank of America Corp. retreated more than 1.3 percent to pace declines among financial companies. Commodity producers slumped as Freeport-McMoRan Copper & Gold Inc., Alcoa Inc. and Halliburton Co. decreased at least 1.9 percent. First Solar Inc., the biggest maker of thin-film solar panels, tumbled 10 percent after permitting issues delayed a U.S. loan guarantee for a power plant in California.