US futures fall; Asia mixed, oil jumps
7d
Developing
1
Early Monday, U.S. stock futures slipped (S&P 500 ~0.7%, Dow ~0.4%) as Asian markets were mixed and oil rose more than $1 a barrel. Japan’s Nikkei fell 1.9% after weaker-than-expected capex data and a November manufacturing PMI of 48.7 (fifth straight contraction), while China’s factory activity also contracted for an eighth month; the update follows Friday’s CME outage-linked trading halt and a recent rally on Fed cut hopes.
U.S. Markets
Global Economy