The stock market has made no progress for three weeks. Traders blame the “three Gs,” Greece, Goldman Sachs and the Gulf of Mexico.
Greece, teetering on the brink of default on its sovereign debt, was bolstered by a financial-aid package cobbled together by European governments. Many investors still worry that Greece will be unable to service its debt, and they have plenty of doubts about shaky finances in Portugal, Spain and Italy.
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