North American markets fall on concerns over Greece, China

Financial Post

Canadian stocks fell as commodities from oil to metals slumped after Greek voters rejected austerity measures and China unleashed interventions to stabilize its equity markets.

First Quantum Minerals Ltd. and Teck Resources Ltd. slumped at least 2.7 per cent as base metals prices declined. Gran Tierra Energy Inc. and Bankers Petroleum Ltd. sank more than 5.2 per cent as energy producers tumbled to a January low.

The Standard & Poor’s/TSX Composite Index fell 69.09 points, or 0.5 per cent, to 14,613.30 at 10:21 a.m. in Toronto. The benchmark Canadian equity gauge has fallen 0.1 per cent this year, after tumbling 2.3 percent in the second quarter.

The S&P 500 fell 0.5 per cent to 2,065.82 at 10:03 a.m. in New York, after earlier sliding as much as 0.9 per cent. The Dow Jones Industrial Average lost 101.38 points, or 0.6 per cent, to 17,628.73. The Nasdaq Composite Index retreated 0.5…

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