This morning, the S&P 500 Index e-mini futures are trading lower by 10.00 points to $1188.50 per contract. Once again, the problems in the European Union are starting to grow by the minute. The European Central Bank kept their benchmark interest rate unchanged at 1.5 percent. This is not a big surprise and was really already priced in by investors. The other problem is that Greek debt is once again spiking sharply higher. Many traders and investors believe that if Greece cannot be contained then what will happen with Italy, Spain, and France?