(MENAFN- ProactiveInvestors)After the positive vibes yesterday US markets opened down in the doldrums on Friday as Greek worries finally hit home with US traders. After what has been a gentle walk or jog on the Greek banks has now developed into a sprint with €2bn withdrawn in the last two days alone as deadlock continues between Athens and Brussels. The latest today is an emergency lifeline thrown by the European Central bank (ECB) in a bid to make sure the banks open Monday. It's being reported that the ECB has raised the emergency liquidity limit by €3.3 billion. Joshua Mahony at spreadbetters IG struck a pessimistic tone: "While the ECB can provide further ELA to temporarily raise reserves such outflows will only ever grow and it's clear that the Greek banking system may follow the government which is equally at risk as the country unless capital controls are introduced. "For this reason I expect any significant rallies in Europe to be sold into today given the possibility that the Greek banks could remain closed on Monday heightening an already touchy situation." On Wall Street the Dow Jones is down 41 points at 18074 while the tech heavy Nasdaq lost nine and the broader based S&P500 index lost five points to go to 2116. The German Dax is down 45 points at the time of writing while Footsie is up ten. On S&P among the heaviest fallers on the day was CarMax the used car dealer which slumped 4.81% as it posted weaker-than-expected sales growth in its latest quarter as new car sales take centre stage. On the gaining front International Paper went over 1% higher after yesterday the group released its 2014 sustainability report which demonstrated progress on its goals.
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