*
Investors will be looking for more clarity on the Fed's decision
with a number of central bank officials slated to speak this
week, culminating in Chair Janet Yellen speaking on Thursday.
* Federal Reserve Bank of Atlanta President Dennis Lockhart
speaks before the Buckhead Rotary Club on Monday.
* Chinese markets closed higher with the Shanghai Composite
index up 1.9 percent and the CSI300 rising 1.75 percent. China's
vice finance minister, Shi Yaobin, said the recent market
volatility was a short-term issue and that the country could
maintain a healthy economic growth rate going forward.
* U.S. data scheduled to be released on Monday includes existing
home sales for August, which are expected to have dropped 1.3
percent last month after rising to an eight-year high in the
previous month. The numbers are expected at 10 a.m. ET (1400
GMT).
* Shares of Lennar were up 3.8 percent at $53.70 after the No.2
U.S. homebuilder by volume, reported quarterly profit that beat
expectations.
* Alibaba Group Holdings was down 1.81 percent at $64.56 after
the lockup period on 63 percent of its shares ended on Saturday.
* GoPro was down 4.7 percent at $33.50 after the Barron's said
the video camera maker's shares could plunge to $25 as its
latest product launch underwhelmed customers amid increasing
competition.
Futures snapshot at 7:10 a.m. ET:
* S&P 500 e-minis were up 6.25 points, or 0.32 percent, with
151,969 contracts traded.
* Nasdaq 100 e-minis were up 12.75 points, or 0.29 percent, on
volume of 25,810 contracts.
* Dow e-minis were up 54 points, or 0.33 percent, with 23,092
contracts changing hands.
(Reporting by Tanya Agrawal; Editing by Saumyadeb Chakrabarty)
[© 2015 Thomson Reuters. All rights
reserved.] Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed. |
|