|
* The benchmark S&P 500 has fallen 2.7 percent
in the last three weeks including a 0.9 percent drop last week.
The Dow lost 0.6 percent last week while the Nasdaq declined 1.1
percent for the week.
* Investors were cautious ahead of a U.S. Federal Reserve
statement due out on Wednesday as they expect the central bank
to give a clearer signal on the timing of its first interest
rate hike in almost a decade.
* The New York Fed's Empire State manufacturing survey is due
out at 8:30 a.m. EDT (1230 GMT), followed by Industrial
production numbers at 9:15 a.m., while NAHB/Wells Fargo Housing
Market Index data is scheduled for release at 10:00 a.m.
* European shares rose on Monday with Germany's DAX hitting a
record high as the euro struck a fresh 12-year low. Investors
bet the currency's fall will boost European corporate earnings
while the rising dollar has been hurting the earnings of U.S.
multinational firms.
* Uncertainty over Greece continued with leftist Prime Minister
Alexis Tsipras saying on Monday that he would not accept a
return to austerity, though he was convinced the country would
strike a deal with international partners to keep finances
afloat.
* Brent crude oil fell to around $54 a barrel on Monday, its
lowest for more than a month, on rising global inventories and
signs of a possible nuclear deal with Tehran that could allow
more Iranian oil exports.
Futures snapshot at 7:20 a.m.:
* S&P 500 e-minis <ESc1> were up 8 points, or 0.39 percent, with
89,383 contracts changing hands.
* Nasdaq 100 e-minis were up 15 points, or 0.35 percent,
in volume of 5,373 contracts.
* Dow e-minis were up 63 points, or 0.36 percent, with 5,007
contracts changing hands.
(Reporting by Sinead Carew; Editing by Bernadette Baum)
[© 2015 Thomson Reuters. All rights
reserved.] Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
 |
|
