February 11, 2015- Market Sentiment Remains Gaurded with S&P Near Record Levels

Sentiment on Wall Street remains guarded on Wednesday, as the global markets turn their attention to the meeting of eurozone finance ministers in Brussels, where discussion on Greece's debt is the major agenda. The Asian markets closed mixed earlier in the global trading day, although the Japanese market was closed for a public holiday. European stocks are trading on a lackluster note, as traders remain on the sidelines ahead of the meeting despite the release of mostly positive domestic corporate news. With little catalysts to impact trading in the domestic markets, Greece and its efforts to strike an agreement with its international creditors could be the focal point of the session. The Dow futures are slipping 22 points, the S&P 500 futures are receding 1.70 points and the Nasdaq Composite futures are trading flat. U.S. stocks reversed course and advanced strongly on Tuesday, as traders reacted to an initial report that the EU may agree for an extension of the Greek bailout agreement, although the EU quickly ruled out the possibility.