NEW YORK (AP) — Stocks are wavering in early trading as traders weigh slightly better than expected reports on jobs and housing with the possibility that Greece could default on its debt.


The number of people who applied for unemployment benefits fell last week to 414,000, a bigger decline than analysts had predicted. Construction of new homes also grew more than expected.


In early trading, the Dow Jones industrial average is up 19 points, or 0.2 percent, to 11,916. The S&P 500 is up less than a point to 1,266. The Nasdaq composite index is down 4, or 0.2 percent, to 2,628.

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