Comment
0
Tweet
0
Print
RSS Feeds

US futures dip as optimism about Greece cools

Tuesday - 11/13/2012, 9:39am  ET

A homeless person sleeps on a metro ventilation grill as commuters enter Syntagma station in Athens, Monday, Nov. 12, 2012. Greek lawmakers approved the country's 2013 austerity budget early Monday, an essential step in Greece's efforts to persuade its international creditors to unblock a vital rescue loan installment without which the country will go bankrupt. (AP Photo/Thanassis Stavrakis)

NEW YORK (AP) -- U.S. stock futures are heading lower as a deal to rescue the Greek economy now looks much less iron clad than it had just one day ago, pushing markets down in Asia and Europe.

Dow Jones industrial futures are down 64 points to 13,716. The broader S&P futures have fallen 7.8 points to 1,370.40. Nasdaq futures are down 16 points to 2,565.

Finance ministers in Europe postponed desperately needed aid for Greece, some $40 billion. That comes as day after a much more optimistic tone Monday, when the head of the finance ministers of the 17 euro countries says lenders have prepared a "positive" report on the country.

On Tuesday, Home Depot posted rising profits for the third quarter thanks to an improving U.S. housing market.


Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.