Greece Election On Sunday Hangs Heavy Over Stock Markets; FAA Flies, EU Tanks

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[Chart courtesy of MarketWatch.com] US stocks declined Wednesday as investors remained worried over Sunday’s Greek elections. The situation was compounded further after ratings agency Egan-Jones cut Spain’s government debt to junk Wednesday. Treasuries advanced to erase yesterday’s gain in yields as markets turned jittery after reports showed a decline in US retail sales in May, spiking demand for safe-haven assets. …