In this file photo taken June 14, 2011, traders work on the floor of the New York Stock Exchange. Global stock markets fell sharply Thursday, June 16, amid fears that Greece's debt crisis is spiralling out of control and fresh worries over China's economy. (AP Photo/Richard Drew, file)

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.

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