U.S. stock futures are trading lower Monday as investors continue to worry about Greece's ability to pay off its debt. There are concerns that Greece may not get the outside financial support that it needs to control its debt problems. Germany's chancellor said that a bailout for Greece won't be discussed at a European summit this week. The debt-ridden country may turn to the International Monetary Fund for help if other European countries fail to provide support. Reactions to the U.S. government's passage of the health care reform over the weekend will also be closely watched today. The reform will eventually create near-universal medical coverage, extending benefits to 32 million uninsured Americans. In corporate news, Tiffany & Co. (NYSE:TIF) reported fiscal Q4 EPS of $1.09, missing consensus estimates of $1.13 per share. Revenues for the quarter rose 17% year-over-year to $981.4 million, topping the consensus estimates of $970.9 million. Williams-Sonoma (NYSE:WSM) reported fiscal Q4 EPS of $0.86, ahead of consensus estimates of $0.74 cents per share. Revenues for the quarter rose 8.1% year-over-year to $1.09 billion, topping consensus estimates of $1.07 billion. The Dow Jones Industrial Average (DJI) futures are trading 63.00 points below fair value, the S&P500 (INX) futures are trading 8.90 points below fair value, and the Nasdaq Composite (IXIC) futures are trading 11.00 points below fair value.
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