Friday, March 9, 2012

Stock futures get no boost from Greek deal

NEW YORK (AP) ? U.S. stock market futures are nearly flat even after European leaders cleared a major hurdle in avoiding bankruptcy in Greece and after government figures showed the unemployment rate stayed flat in February.

Dow Jones industrial average futures are flat at 12,844. Standard and Poor's 500 futures dipped less than point to 1,360.20. Nasdaq 100 futures slipped 1.25 to 2,631.75.

Following weeks of intense negotiations, private creditors have agreed to the biggest national debt writedown in history for Greece.

At home, employers for the third straight month likely added about 227,000 jobs in February to complete three of the best months of hiring since the recession began.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-03-09-Wall%20Street/id-b58eb3e2eb8b41b18eee0cb03acb3fc0

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