NEW YORK (CNNMoney) -- Europe's financial state is a mess, and that's sending stocks on a roller coaster ride as investors parse through the good, the bad and the downright confusing news about the state of affairs.
U.S. stocks rose at the open, then drifted lower, turned modestly higher, went back down and finally turned mixed -- that was all within the first hour of trading.
After a choppy start, stocks took a breather and posted modest gains. About two hours into the trading day, the Dow Jones industrial average (INDU) rose 10 points, or 0.1%. The S&P 500 (SPX) added 3 points, or 0.2%, and the Nasdaq composite (COMP) gained 15 points, or 0.6%.
"Europe is the overriding issue," said Derek Hoyt, chief investment officer at KDV Wealth Management. "It's a fickle market, and I don't see that changing for a while." Read more at CNN Money
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