Stock futures fell on Tuesday as Greek leaders were still locked in talks about how to cut the budget, with a potential default looming next month. The situation in Greece also put the market in a slight funk on Monday, and the Dow fell 17 points. Financials were broadly weaker after UBS (UBS) posted a sharp decline in fourth quarter earnings. Also today, Fed Chairman Ben Bernanke is scheduled to testify in Congress.
The Dow fell 13 points to 12,763; the S&P 500 fell 3.2 points to 1,335.9.
Coca-Cola (KO) shares were flat in pre-market action as the company said its revenue rose, but earnings declined. GlaxoSmithKline (GSK) fell 2.3% after missing earnings and revenue expectations. BP (BP) fell 1.7% after beating earnings expectations.
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