Markets weaker again on Greek fears $GE:xnys

Markets were weaker overnight as Greek concerns worsen with the political stalemate leading to new elections. With the popularity of the left wing Syriza Party growing, investors are concerned than a newly elected Greek government may renege on bailout terms and create grounds for a potential exit from the European Union
The S&P500 sold off for a fourth day in a row despite stronger housing data and improving industrial production. Housing starts rose 2.6% and Industrial Production increased 1.1% last month, the most since December 10
JC Penny fell 19.7% to $16.75 per share, recording its biggest fall since 1973 after the company cut its dividend. A recent restructure has seen Q1 sales hit harder than expected
GE Electric rallied 3.3% after it finance arm won a regulatory approval
Leading the Dow moves was GE which was up 3.26%, BAC, AA and JPM however were all down 2.60%, 2.53% and 2.15% respectively
DOW –0.26%, S&P500 –0.44%, NASDAQ –0.68%
USD index rose for a 13th day in a row, Gold fell over 1.00%, now down over 19% since the August high. Crude continues to fall down another 1.2%