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Global Markets Update: Greek Debt Talks Back to the Drawing Board?

Tuesday, 24 Jan 2012 | 6:10 AM ET

US stock index futures pointed to a lower open on Wall Street as concerns about the European debt crisis continued to weigh on investors' minds. European shares also dipped as Greek PSI talks look set to go back to the drawing board. EU finance ministers on Monday rejected proposals by private bondholders over the extent of the haircut they were willing to accept in order to avoid a Greek default on its debts in March.