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If Greece went under, the markets' attention would quickly turn to other euro-area debtors like Spain, Ireland and Italy, and dent confidence in the euro itself.
Across European stock markets, attention was on corporate earnings, with results from well-known names like Germany's Deutsche Bank, the Swiss banking giant UBS and the oil company BP lifting prices.
"What has captured the markets' attention here is that Greenspan has raised the possibility that the Fed is done," said Louis Crandall, chief economist at R. H. Wrightson & Associates.
Technology stocks, especially in the Internet and chip sectors, are expected to continue to attract much of the markets attention today.
Meanwhile, a whirlwind of deals with AT&T t at the center is expected to command the markets attention in early trading.
Once again much of the markets attention is likely to be focused on earnings, especially in the technology and Internet sectors.
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But the marketing attention was often elsewhere.
Even these small changes can earn companies marketing attention.
Dads need some marketing attention, says Mr Penn.
Unfortunately, some of these products are facing poor sales without incurring much market attention.
Mike Novogratz, who oversees global strategies, told Dow Jones Newswires that 90 percent of market attention was focused on Europe's problems.
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CEO of Professional Science Editing for Scientists @ prosciediting.com