Tensions Remain High after Greece Vote

Greece may prove to be a temporary influence but it’s likely to again dominate trading Tuesday, as traders watch the fallout in the oil market and elsewhere.

“It’ll certainly be Greece unless things melt down further in China. Then that one will come to the top,” said Randy Frederick, managing director of trading and derivatives at Charles Schwab.

China’s emergency measures to stop the decline in its volatile equities markets were a major undercurrent in markets Monday, as headlines on Greece sent repeated ripples through global financial markets.

CNBC

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