NEW YORK -- U.S. stock futures are falling slightly as European debt problems continue to overshadow signs of an improving economy and the Federal Reserve Board's latest meeting.
Overseas markets plunged again Wednesday, a day after Standard & Poor's slashed its debt ratings on Greece and Portugal. There is concern that the debt crisis will spread further through the continent and stunt a global economic recovery.
The Fed is wrapping up a two-day meeting Wednesday afternoon where it is expected to hold a key interest rate at historic lows.
Dow Jones industrial average futures are down 7, or 0.1 percent, at 10,948. Standard & Poor's 500 index futures are down 1.30, or 0.1 percent, at 1,179.70, while Nasdaq 100 index futures are unchanged at 2,008.75.
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