Wednesday, June 11, 2014

Wall Street stock futures slip

U.S. stock futures slipped on Monday.

Before the start to regular trading, Dow Jones industrial average index futures fell 0.1%, Standard & Poor's 500 index futures dipped 0.03%and Nasdaq index futures declined 0.3%.

On Wall Street Friday, the Dow and Nasdaq inched up 0.1% while the S&P 500 finished fractionally lower.

FRIDAY: Stocks mostly up as Nasdaq barely tops 4000

In Asia, a report on manufacturing in China signaled that a recovery in the world's No. 2 economy would continue to be uneven. China's massive manufacturing sector grew at a slightly slower pace in December, according to a preliminary survey by HSBC.

The Shanghai composite index lost 1.6% to 2,160.86 and Tokyo's Nikkei 225 index fell 1.6% to 15,152,91.

Benchmark U.S. crude for February delivery edged 23 cents lower, or 0.2%, to $96.71 a barrel in electronic trading on the New York Mercantile Exchange.

Global investors are still trying to figure out where things could be headed next. Some are watching for whether the Federal Reserve might reduce its economic stimulus, which has worked to boost stock prices recently, when it announces a monetary policy decision Wednesday.

Contributing: Associated Press

No comments:

Post a Comment