While the European Union is one of the nation’s biggest trading partners, a mere 0.5% of American exports — $773 million in 2014 — head to Greece. That’s one-tenth as much as was sold to Ireland.
A much bigger threat than Greece, analysts say, is the cloudy economic picture in China. Chinese stocks sank last week and again on Monday after a huge runup that generated talk of a bubble. The hope is that a surprise weekend cut in interest rates by the central bank can prop up the economy and stabilize the stock market.
Find out more at Market Watch.
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