February 23, 2015- Stocks Trade Lower as Caution Persists Over Greece

Early indications suggest that Wall Street stocks may open Monday's session slightly lower, as the euphoria concerning the Greek debt deal struck last Friday fades and Greece sits down to mull over reform plans to be tabled before the Eurogroup. Crude oil prices are lower and the mood in the European markets is also jittery. The domestic markets may also take cues from M&A news flow, existing home sales report and preliminary results of a private service sector survey, even as traders look ahead to Fed Chair Janet Yellen's semi-annual Congressional testimony on monetary policy. The Dow futures are receding 32 points, the S&P 500 futures are slipping 0.75 points and the Nasdaq Composite futures are down 1.60 points U.S. stocks added to their weekly gains in the week ended February 20th, as oil's gains earlier on in the week, mixed economic data and positive expectations concerning a Greek debt deal extended the upward momentum of the markets.