U.S. stock markets retreat amid concerns of debt in the euro area

U.S. stock markets fell Tuesday as investors awaiting developments in the euro area after the elections that took place this weekend in Greece and France, amid renewed concerns about dealing with the debt crisis in the euro area.

Decline in the S & P 500 rose 0.57%, the Dow Jones Industrial Average was down 0.53%, while futures tanked on the Nasdaq 100 rose 0.66%.

Investors remained nervous after the election results in Greece and France at the weekend, which raised doubts about the ability of Europe to implement austerity measures which are necessary to address the debt crisis in the region.

Failed initial attempts to form a government in Greece on Monday, raising fears that the country may not have a government in a timely manner to secure the next tranche of international aid in the next month.

Market participants awaited developments also in France, where it will be the appointment of Francois Hollande, the Socialist President in May 15. Zloland and he wants to renegotiate the debt crisis in the euro area in order to stimulate growth in the region.

It was expected to be an active financial stocks after Bancorp reduced its losses, the company said it would buy a set of credit cards business credit. Where B shares rose by 0.06%.

At the same time, surpassed HSBC profit expectations for gains reached $ 7 billion in the first quarter thanks to a rebound in investment banking income and lower U.S. debt.

The bank said earlier that he has achieved good progress in all strategic areas, including cost savings, providing more than 14000 and jobs since last year as part of a chief executive Stuart Gulliver to increase profitability.

Expected to be Yahoo's focus after it has been to convince management of the company on Monday afternoon to discuss the growing turmoil Mahtit Ba CEO Scott Thompson, who apologized to employees last week after being charged by the investor activist, Daniel Loeb offended

Also in the corporate news, shares of General Electric 0.10% at the end of trading on Monday after it said it would buy a share of 15% in Shanghai in a X-LG Lakatronyat China at about $ 535 million, giving the U.S. a foothold in China's vast and market infrastructure, electrical .

Elsewhere, resorts Wayne recorded an unexpected quarterly results after the failure of growth in Macau to offset weak revenues of Las Vegas, where stocks fell 1.53%

And also focused on the markets Mark Zuckerberg CEO of Facebook, where there have been questions about the growth of social network 1 No. in the world where sales amounted to billion.
Across the Atlantic, European stock markets fell, with Euro Stoxx 50 fell by 1.16 percent, Germany's DAX index fell by 1.05%, while the FTSE 100 rose 0.32%. Markets are still closed because of France's national holiday.

During the Asian trading session, fell in Hong Kong's Hang Seng Index rose 0.1%, while the Nikkei 225 index rose by 0.7% Japanese.