U.S. stock markets slid more than 1 percent on Monday after a global sell-off as investors grew increasingly skittish over the prospects of twin debt defaults by Greece and Puerto Rico.Greece appeared increasingly likely to miss a critical debt payment Tuesday as negotiations over unlocking additional aid from its European creditors broke down over the weekend. Banks have shut down for the week, and citizens can only withdraw $66 a day from their accounts. Meanwhile, in Puerto Rico, the island’s governor is slated to announce later Monday that it cannot pay back more than $70 billion in debt.Read full article
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