(MENAFN- ProactiveInvestors) US shares went south at the open in keeping with European counterparts as investors fears over Greece continue.
The Dow Jones is down over 76 points at the time of writing to 17750 while the Nasdaq dropped 15 at 4729. The broader S&P500 lost five points to stand at 2050.
New Greek Prime Minister Alexis Tsipras has ruled out an extension to its bailout programme which is making markets jittery and wonder what the future will bring.
One of the big corporate stories stateside comes from McDonalds Corp - the fastfood burger giant which revealed monthly sales in January fell by a sum worse than had been expected.
It comes due to a slump at its Asian restaurants.
Sales fell 1.8% last month while analysts had expected a 1.2% decline reinforcing the issues that new man at the helm Steve Easterbrook from Watford UK will face as chief executive.
Shares in the golden arched group lost 0.8% to US$93.29.
Financial firm and Fortune 500 group Genworth Financial lost 0.9% to US$7.69 ahead of its fourth quarter results this week.
Back in London Footsie is down almost 44 points or 0.62% to 6810 with that all time high level of 6930 looking ever harder to get nearer to.
The biggest gainer is () along with other blue chip miners as the possibility of stimulus measures in China comes on the table after weak data.
RSA Insurance () is the biggest laggard down 3.85%.
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