US stock futures fall on planned Greek rescue vote

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NEW YORK (AP) ? U.S. stock futures are following world markets sharply lower after the prime minister of Greece called for a referendum on the country’s latest rescue package.

The dollar and U.S. government bonds are rising as traders move into the safest of assets.

The vote would threaten a comprehensive plan to resolve the European debt crisis reached just last week.

More than an hour before the opening bell Tuesday, Dow Jones industrial average futures are down 164 points, or 1.4 percent, at 11,735. S&P 500 futures are down 24, or 2 percent, at 1,225. Nasdaq 100 futures are down 40, or 1.7 percent, at 2,317.

Later this morning, the Institute for Supply Management will release its monthly manufacturing index, a closely-watched gauge of the economy’s strength. Automakers will also report October sales.