US stock indexes are wavering between small gains and losses on Tuesday a day after the biggest global sell-off since March, amid deepening concerns about the euro zone debt crisis as European officials for the first time refused to rule out default by Greece.
The Dow Jones industrial average is down 12 points or 0.10% at 12,493. The Standard & Poor's 500 Index drops 1 point or 0.11% at 1,318. The Nasdaq Composite Index is down 8 points, or 0.31% at 2,793.
In the macroeconomic domain, a report showed the US trade deficit widened in May to -$50.2 billion from a revised -$43.6 billion in April. Consensus was around a deficit of -$44.1 billion.
In the FX market, the Euro pared losses against the Greenback. Oil has erased previous intraday losses and is above $95 a barrel, while gold hovers around $1550 an ounce.
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