The election results are seen as a rejection of budget cuts intended to whittle away debt in a continent saddled with it.
The Dow Jones industrial average is down 46 points to 12,911. The Standard & Poor's 500 is off 5.7 points to 1,356.80. The Nasdaq composite index is down 12 points to 2,613.50.
Global markets tumbled Monday after a weekend election in Greece with no party close to forming a government. Greece is in its fifth year of recession and unemployment is rampant.
France's president-elect, Francois Hollande, pledged to buck Europe's austerity trends.
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