US Futures Decline With European Issues Dominant

By: AP
By: AP

U.S. stock futures are falling with markets still focused on Europe, where an election in Greece provided only a brief bump in optimism over the continent's ability to withstand tenacious debt problems.

Dow Jones industrial average futures are down 45 points to 12,665. Standard & Poor's 500 futures are down 4.3 points to 1,333 and Nasdaq futures have given up 3 points to 2,561.

Central banks stood down Monday after the Greeks elected conservative leader Antonis Samaras, which reduces the odds that the country would exit the 17-country European Union financial block.

However, Spain is now in a precarious spot with borrowing rates hitting levels seen only by European nations that have required massive bailouts.

In the U.S., Microsoft is expected to make a "major" announcement after the market closes.


You must be logged in to post comments.

Username:
Password (case sensitive):
Remember Me:
KKTV 520 E. Colorado Colorado Springs, CO 80903 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 159412655 - kktv.com/a?a=159412655
Gray Television, Inc.