Futures Tread Water as Europeans Mull Greek Deal

[Stocks-to-Watch]

Greece’s creditors drew a line in the sand, and the market waited to see if European negotiators would be willing to make a deal. Investors showed some optimism, as European stocks swung slightly higher, but U.S. futures were flat. Greek bondholders have made the “maximum offer” they can bear, their chief negotiator said, leaving Greece’s fate up to the IMF and European Union. European stocks were slightly higher as European finance ministers met in Brussels. The FTSE 100 was up 0.8%.

Dow futures rose 8 points to 12,662; S&P 500 futures were flat.

Research in Motion (RIMM) fell about 1% after the company’s co-CEOs announced they would resign. Halliburton (HAL) was off 1.7% after reporting mixed earnings. PetMed Express (PETS) jumped 22% on earnings.



Original Article Source by Barrons.com