Equity markets in the U.S. consolidated, as investor focus remained firmly fixed on European leaders and now the U.S. Treasury Secretary, Tim Geithner. French and German officials continue to map out and present their plans for the Eurozone’s eventual metamorphosis into a cohesive region that shares more fiscal unity. Germany and France will need to quickly gain the support of the balance of the E.U. members if they hope to calm the financial markets and, eventually, create a Eurobond which would be backed by the European Central Bank.
