U.S. stock index futures pointed to a lower open Tuesday amid growing political turmoil in Greece.
Worries about Greece dragged on futures after the mainstream conservatives failed to form a coalition government in the wake of Sunday’s elections. That gives the Left Coalition party, which opposes the country's EU/IMF bailout, an opportunity to form a government. However, analysts were skeptical, pointing to the possibility of another election as early as June.
France’s new president, Francois Hollande, is scheduled to meet German Chancellor Angela Merkel next week to discuss how to tackle the economic crisis in Europe.
However, it appeared on Monday that dividing lines were already being drawn between the two after Hollande criticized Germany's heavy emphasis on austerity to tackle the sovereign debt crisis and called for policies to revive economic growth. But Merkel remained adamant, saying the fiscal agreement was not up for renegotiation.
McDonald's disappointed with a report that same-store saleswere lower than market expectations in April.
Fellow fast-food restaurant Wendy's dipped after the second-largest hamburger chain, posted earnings that missed expectations, due to higher beef costs.
Among media companies, Discovery Communications declined after the firm reported lower-than-expected earnings, hurt by losses at the Oprah Winfrey Network.
DirecTV said quarterly profit and sales rose, but shares fell after the satellite TV provider said it added fewer subscribers in the U.S.
Dow component Walt Disney is scheduled to post earnings after the closing bell.