This morning, the S&P 500 Index e-mini futures (ES H2) are trading lower by 8.00 points to 1303.00 per contract. The catalyst for the decline is once again the problems that are starting to brew in the European Union. The deal between the Euro-zone and the Greek government has stalled. To add insult to injury, Portugal is now reported to be possibly in line for a second bailout. This tells us that the Europe debt crisis still has a long way to go before the problems are resolved.
