Stock Futures Mostly Fall On Euro Gloom

Published January 25, 2012 1:09PM (EST)

NEW YORK (AP) — U.S. stock futures are mixed Wednesday as investors weigh poor economic figures from the United Kingdom and a possible impasse in important debt negotiations in Greece against a bang-up earnings report from Apple.

Dow Jones industrial futures are down 47 points to 12,579, while S&P 500 futures are down 4 points to 1,307. The technology-heavy Nasdaq composite is up 15 points to 2,452 after Apple Inc.'s earnings blew past expectations. The company sold 37 million iPhones in the last three months of 2011.

European stock markets fell as Greek bondholders met for a closed-door meeting in Paris to discuss how — and whether — to continue talks central to Europe's debt crisis.

Adding to gloom was a report that Britain's economy shrank by 0.2 percent in 2011's fourth quarter.


By Salon Staff

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