NEW YORK (
) -- Stocks in the U.S. look set to open lower Tuesday, a day that will see five components of the
Dow Jones Industrial Average
report earnings and the first meeting of the
European shares were lower after talks between Greece and private creditors on lowering the debt-laden country's debt stalled again. Eurozone finance ministers rejected an offer made by the creditors to help restructure Greece's debts.
In Asia, Japan's Nikkei 225 stock ended Tuesday higher by 0.2% to 8,785.33.
In the U.S. on Monday,
as strength in energy shares offset weakness elsewhere amid fears that Greece could be heading toward a disorderly default.
The Dow fell 12 points, or 0.09%, to 12,709. The
rose by 0.6 points, or 0.05%, to 1,316 and the
lost 2.5 points, or 0.09%, at 2,784.
The Fed's Open Market Committee is slated Tuesday to begin its first policy meeting of 2012.
There are whispers that during the two-day meeting the central bank could announce another round of quantitative easing.
Reporting earnings before the bell are Dow components
Johnson & Johnson
reported fourth-quarter adjusted earnings of 35 cents a share, topping analysts' estimates by 2 cents.
After the bell, earnings are released from
, the iPhone and iPad maker. Analysts are expecting fiscal first-quarter profit of $10.08 a share on revenue of $38.85 billion.
hits that revenue number, it will have delivered sequential revenue growth of 37% from its fourth-quarter total of $28.27 billion.
On Monday after the closing bell,
reported better-than-expected fourth-quarter sales as the chipmaker eyed an improved IT spending climate.
"Revenue in the fourth quarter was higher than expected across all our major product lines, reinforcing our belief that we're at the bottom of this downturn," said CEO Rich Templeton, in a statement.
Mitt Romney, the Republican presidential candidate, on Tuesday released tax records that indicate he will pay $6.2 million in taxes on a total of $42.5 million in income over the years 2010 and 2011,
Romney, the former Massachusetts governor and private-equity executive, paid taxes at a rate of 13.9% in 2010. Romney and his wife expect to pay a 15.4% rate when they file their returns for 2011.
Romney's income is taxed at such a low rate because most of his income comes from capital gains on investments, which are taxed at 15%.
-- Written by Joseph Woelfel
>To contact the writer of this article, click here:
>To submit a news tip, send an email to: