U.S. stocks close mixed on Europe woes

By Maureen Farrell @CNNMoneyInvest June 18, 2012

U.S. stocks

NEW YORK (CNNMoney) — Stocks ended mixed on Monday after a day of choppy trading, following the election in Greece which yielded a win for the pro-bailout party.

While that was an initial positive for the markets, Greece’s economy is far from out of the woods, and Europe’s debt crisis is still hitting other sovereign nations hard.

“The Greek election is the lack of a negative,” said Peter Boockvar, an equity strategist at Miller Tabak. “I won’t call it a positive though.”

Spain’s 10-year yield moved back up above 7%, raising worries about that country’s ability to stave off a bailout.

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