In this Feb. 28. 2012 photo, specialist John O'hara, right, talks with trader Gerard Farco, center, on the floor of the New York Stock Exchange. Markets were steady Friday as a two-day summit of EU leaders headed to a conclusion with the signing of a treaty that is designed to prevent a repeat of the debt crisis that's rocked financial markets for the best part of two years. (AP Photo/Richard Drew)
In this Feb. 28. 2012 photo, specialist John O'hara, right, talks with trader Gerard Farco, center, on the floor of the New York Stock Exchange. Markets were steady Friday as a two-day summit of EU leaders headed to a conclusion with the signing of a treaty that is designed to prevent a repeat of the debt crisis that's rocked financial markets for the best part of two years. (AP Photo/Richard Drew)
NEW YORK (AP) ? U.S. stock futures are lower after Spain's prime minister said his country will miss its deficit targets this year.
Dow Jones industrial futures are down 32 points to 12,941. The broader S&P 500 futures are down 5 points to 1,370. Nasdaq 100 futures are down 7 points to 2,636.
U.S. futures and European markets were relatively flat before the prime minister's comments. Missing the targets could risk sanctions for Spain from the European Union.
Also Friday, leaders of 25 European countries signed a treaty designed to prevent the 17 members of the eurozone from living beyond their means and avoid a repeat of the region's debt crisis.
Oil prices fell modestly after Saudi Arabia denied an Iranian media report of an explosion at a Saudi pipeline.
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