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Economy
In reply to the discussion: STOCK MARKET WATCH - Monday, 6 February 2012 [View all]xchrom
(108,903 posts)21. U.S. stock futures drop on Greece worries
http://www.marketwatch.com/story/us-stock-futures-drop-on-greece-worries-2012-02-06?dist=beforebell
LONDON (MarketWatch) U.S. stock futures dropped on Monday, as party leaders in Greece struggled to agree on another dose of painful austerity measures, with the threat of default looming large once again.
Futures on the Dow Jones Industrial Average /quotes/zigman/4222696 DJ2H -0.26% fell 39 points to 12,754 and those on the Standard & Poors 500 stock index /quotes/zigman/782502 SP2H -0.29% dropped 5.80 points to 1,333.3.
Nasdaq 100 futures /quotes/zigman/2978008 ND2H -0.27% declined 8.50 points to 2,514.5.
No major U.S. economic data are scheduled for release on Monday, and investors are likely to focus instead on the situation in Greece.
European stocks and the euro fell on Monday after news that the leaders of Greeces main political parties were still trying to reach agreement on some measures demanded by the troika of international lenders in exchange for a second bailout package. Party leaders agreed on some demands, but there was still disagreement on other issues, such as private-sector wage cuts.
LONDON (MarketWatch) U.S. stock futures dropped on Monday, as party leaders in Greece struggled to agree on another dose of painful austerity measures, with the threat of default looming large once again.
Futures on the Dow Jones Industrial Average /quotes/zigman/4222696 DJ2H -0.26% fell 39 points to 12,754 and those on the Standard & Poors 500 stock index /quotes/zigman/782502 SP2H -0.29% dropped 5.80 points to 1,333.3.
Nasdaq 100 futures /quotes/zigman/2978008 ND2H -0.27% declined 8.50 points to 2,514.5.
No major U.S. economic data are scheduled for release on Monday, and investors are likely to focus instead on the situation in Greece.
European stocks and the euro fell on Monday after news that the leaders of Greeces main political parties were still trying to reach agreement on some measures demanded by the troika of international lenders in exchange for a second bailout package. Party leaders agreed on some demands, but there was still disagreement on other issues, such as private-sector wage cuts.
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