U.S. Stock Futures Slump After Greek Debt Impasse

U.S. stock futures pointed to a downbeat day on Wall Street on Tuesday as a deadlock in Greece's debt talks took a toll on financial markets. Futures for the Dow Jones Industrial Average fell 64 points, or 0.4%, to 17,918, while those for the S&P 500 index gave up 10.20 points, or 0.5%, to 2,083.30. Futures for the Nasdaq 100 fell 6.75 points, or 0.2%, to 4,370.25. U.S. markets were closed for Presidents' Day on Monday, so investors did not have a chance to react to the latest news out of Greece until Tuesday. Talks among eurozone finance ministers broke down abruptly on Monday, after Greece's new anti-austerity government rejected an extension to its 240-billion-euro ($272 billion) bailout program under the conditions offered by its European partners. A new Eurogroup meeting might be scheduled for Friday. European stock markets were also lower, with the Stoxx Europe 600 index down 0.4% at 374.90.

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