* Crude prices slumped and were hovering near multi-year lows,
pressured by a global glut. Exxon's shares were down 0.7 percent at
$78.80 in premarket trading. [O/R]
* Global stocks ticked lower over fresh worries about Chinese growth
after data showed profits at industrial companies in the world's
second-largest economy fell in November for the sixth month in a
row.
* Trading volumes are expected to remain subdued through the week.
* The S&P 500 is on track to end the year in the black, rising a
marginal 0.1 percent so far in 2015, while the Nasdaq Composite is
up 6.6 percent. The Dow Jones industrial average is down 1.5
percent.
* Wall Street closed slightly lower on Thursday, dragged down by
energy stocks.
* Weight Watchers was up 2.2 percent at $18.39, while Fitbit was up
2 percent at $29.50.
* Apple was down 0.6 percent at $107.35.
Futures snapshot at 7:17 a.m. ET:
[to top of second column] |
* Dow e-minis were down 88 points, or 0.5 percent, with 11,890
contracts changing hands.
* S&P 500 e-minis were down 9.25 points, or 0.45 percent, with
54,806 contracts traded.
* Nasdaq 100 e-minis were down 16.25 points, or 0.35 percent, on
volume of 10,046 contracts.
(Reporting by Abhiram Nandakumar in Bengaluru; Editing by Don
Sebastian)
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