Stocks set for modest losses

Stocks of U.S were falling down, as worries about the stability of Greece and Italy continued to hang over global markets. Some of stocks had dropped continually. Investors remain wary about the European debt crisis, after the Group of 20 summits in Cannes, France last week failed to produce any tangible new solutions. Some of trader said that all is still not well in Europe and it is not going to be better for a while. In addition, they reported that there's a lot more work to be done, so this could drag on a lot further. Greek Prime Minister George Papandreou secured a deal to approve a bailout package during last week's meeting of global leaders, but talks yielded limited details. And while Greece has been the center of focus, investors are now turning their attention to the domino effect Greece's problems are likely to have on Italy. Greece is shifting slightly to the backburner and the focus is on Italy, with 10-year yields on Italian bonds rising to new highs. The dollar rose against the euro, but fell versus the British pound and the Japanese yen. People would invest fewer stocks than before European debt crisis. Nowadays, perhaps, demand curve shifts to left (decreasing) and also I think price can be decreasing.