You're reading: US stocks trade mixed as European leaders meet

NEW YORK (AP) — U.S. stocks are alternating between gains and losses after European finance ministers pushed back a decision about how to solve the region's debt crisis.

They rejected calls by Treasury Secretary Timothy Geithner to provide a decisive solution that would help Greece avoid a default on its debts.

Traders fear that a default by Greece would rattle banks and roil financial markets.

Blackberry maker Research in Motion Ltd. lost nearly one-fifth of its value after reporting sharply lower revenue and income.

The company faces stiff competition from Apple’s iPhone and phones that use Google’s Android software.

At midday, the Dow is up 47 points, or 0.4 percent, at 11,480. The S&P 500 is up 4, or 0.3 percent, at 1,213.

The Nasdaq is up 11, or 0.4 percent, at 2,618.