The Gaza crisis has put Egypt's President Morsi in a tight spot, caught between his sympathy for Hamas and his country's reliance on the US. If he chooses to play the role of mediator, he may have little time.
Home Depot earnings beat expectations, sending its stock up 3.6 percent. Despite signal of housing recovery from Home Depot results, 'fiscal cliff' in US and postponement of aid package for Greece drag down broader market.
The strike has brought public transport to a virtual standstill and shuttered schools, banks, and local government offices in Greece the day before Parliament votes on a new round of wage and pension cuts.