How the Dow Jones industrial average fared on Monday

US-listed Chinese companies fell, including e-commerce giant Alibaba (-0.8 per cent), as well as the smaller social networking platform Renren (-7.0 per cent), Qihoo 360 (-7.1 per cent) and Youku Tudou (-6.7 per cent).

The Dow Jones industrial average gained 93.33 points, or 0.5 per cent, to 17,776.91. The Nasdaq Composite (COMP – 4,997.46) was off almost 90 points at its intraday low, but climbed to a 5.5-point, or 0.1%, win – stopping just short of the 5,000 mark. The reason he cited was a preference by his countries’ creditors of not having him in future negotiations. In the meantime, German Chancellor Angela Merkel and French president Francois Hollande were set to meet in Paris on Monday, with a meeting of eurozone leaders planned for Tuesday in Brussels.

LONDON – European stock markets fell after Greece rejected creditors’ austerity demands in a weekend referendum and fears rose that it would crash out of the eurozone.

Bond prices rose. The yield on the 10-year United States Treasury fell to 2.26 percent from 2.29 percent, while the 30-year dropped to 3.04 percent from 3.09 percent. Bond yields move in the opposite direction of prices.

Not long after the start of trading, the Institute for Supply Management is scheduled to release its report on service sector activity in the month of June.

Later in the week, traders will get the latest look at consumer credit, wholesale trade, and the minutes from the Federal Reserve’s last policy meeting. The main indexes opened with sharp losses and pared them later, but ended with modest losses.

Earlier, European bourses fell after 61 percent of Greeks voters opted against accepting further austerity measures to unlock key bailout funds.

Health insurer Humana gained 0.9 per cent after unveiling a $US37 billion ($A49 billion) deal to be acquired by rival Aetna. Gold saw a 0.03% tick higher to $1,163 per troy ounce. Twenty-two of the DJIA’s 30 components settled higher, led by 2.1% pops for The Coca-Cola Co (NYSE:KO) and Procter & Gamble Co (NYSE:PG).