Stock futures fall as Greece fails to OK all cuts
by The Associated Press
Feb 09, 2012 | 786 views | 0 0 comments | 1 1 recommendations | email to a friend | print
NEW YORK -U.S. stock futures are falling after Greek leaders failed to accept the entire batch of new austerity measures demanded by creditors, leaving its bailout in limbo.

Dow Jones industrial futures are down 17 points at 12,826. The broader S&P 500 futures are down 3 points to 1,344. Nasdaq composite futures are down 7 points to 2,538.

The Greek finance minister is headed to Brussels to meet his counterparts from the other 17 euro countries, hoping to rescue the euro130 billion ($173 billion) bailout and stave off bankruptcy.

The prevailing view in the markets has been that Greece will avoid defaulting on its debts next month.

Investors also will be looking to an 8:30 a.m. ET report on U.S. unemployment claims for signals on the strength of the job market.
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