|
*
The blue-chip Dow index on Monday slipped into negative
territory for 2015, while the S&P 500 and the Nasdaq touched
their lowest levels in over a month.
* Data on Monday showed U.S. small business confidence rose to a
five-month high in May, with owners expecting a solid
improvement in profits, which bodes well for the economy's
prospects in the months ahead.
* Investors will also keep an eye out for data on job openings
and labor turnover in April. Job openings are expected to have
increased from the previous month. The data is due at 10:00 a.m.
ET.
* The Fed has said it will raise rates only when it sees the
economy improving. Economic indicators have been mixed, but the
labor market has strengthened, with the May employment report
coming in above expectations.
* The sell-off in U.S. markets on Monday spread to the global
market, with European shares following Asian stocks lower.
Concerns about a lack of progress in talks between Greece and
its creditors also continue to weigh.
* Lululemon Athletica shares rose 3.2 percent to $63.49 in
premarket trading after the Canadian yogawear retailer raised
its full-year revenue and earnings forecast.
* Sage jumped 13.1 percent to $85 after the drug developer's
experimental injectable drug was found effective in treating
postpartum depression.
* Dow component Apple was down marginally at $127.65, a day
after the launch of its streaming music service, Apple Music.
Futures snapshot at 7:30 a.m. ET:
* S&P 500 e-minis were down 1.75 points, or 0.08 percent, with
191,393 contracts traded.
* Nasdaq 100 e-minis were down 9.75 points, or 0.22 percent, on
volume of 32,452 contracts.
* Dow e-minis were down 17 points, or 0.1 percent, with 33,726
contracts changing hands.
(Reporting by Tanya Agrawal; Editing by Savio D'Souza)
[© 2015 Thomson Reuters. All rights
reserved.] Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
 |
|
