Metals were capped most of the day. Could just be a consolidation.
Breaking news after the bell, S&P has cut Greece to 'selective default.' The action is based on the modification of the terms of the debt with some of the bondholders.
“Behold, God’s dwelling is with mankind;
he will dwell with them.
They will be his people,
and he will be their God,
God-with-them.
He will wipe every tear from their eyes,
and there will no longer be death.
Neither will there be any mourning or crying or pain,
for the old order has passed away.”
Revelation 21:3-4