US STOCKS-U.S. stocks sell off as Greek worries mount
* Fed meeting in focus this week
* Dow lower for the year
* Dealertrack soars on $4 bln deal
* Indexes down: Dow 0.5 pct, S&P 0.4 pct, Nasdaq 0.5 pct (Adds details, changes comment, updates prices)
By Tanya Agrawal
June 15 (Reuters) - Wall Street was lower in late morning trading on Monday, with the Dow Jones Industrial Average in negative territory for the year, as Greece came closer to a debt default after talks with its international creditors fell apart.
Talks between Greece and its creditors broke up after less than an hour on Sunday, raising the prospect of Athens being unable to repay $1.8 billion owed to the International Monetary Fund by the end of this month.
"The market has had a long time to prepare for (a Greek default) and has done what it can with what it sees on the horizon but with situations like this, there is always an unknown factor," said Ashwin Bulchandani, head strategist at asset manager MatlinPatterson in New York.
"Uncertainty freaks the market out. It makes it very, very nervous." Continuación...