US stocks rebound but European stocks fall as Greece plunges

US stocks rebounded slightly at the start of this week after falling 1.6 percent last week. The S&P 500 rose 0.4 percent on Monday.

However, European stocks fell on Monday, with the STOXX Europe 600 losing 0.3 percent.

In particular, Greece’s ASE Index plunged 4.2 percent, the most in a month, as eurozone finance ministers said the nation must move faster to meet its rescue commitments in order to unlock more bailout funds.