STOCK MARKET WATCH -- Tuesday, 14 July 2015 -- Happy Bastille Day!

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10. U.S. stock futures down, euro firms as Greek deal gets cautious nod

http://www.reuters.com/article/2015/07/13/us-markets-global-idUSKCN0PN2PD20150713?feedType=RSS&feedName=businessNews

U.S. stock futures edged lower on Tuesday and the euro firmed as investors cautiously waited to see if Greece's conditional bailout agreement would bring to an end that country's debt crisis....Tsipras will face a showdown with members of his own party later on Tuesday, over the agreement under which Greece can get a possible 86 billion euros ($95 billion) over three years if it can satisfy its European partners that it is meeting their conditions.

U.S. stock futures edged lower, with S&P 500 mini futures ESc1 down about 0.1 percent from late U.S. levels, after Wall Street jumped on hopes for the Greece deal. All three major stock indexes ended up more than 1 percent, in what some strategists described as a relief rally.

But some said doubts would remain until the proposal is actually accepted. "Investors did not like that a Grexit is still on the table if Parliament votes no," managing director at BK Asset Management, said in a note to clients. "The risk is far less now than a week ago but the fact that it is not eliminated puts pressure on the euro."

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