U.S. stock-index futures erased earlier gains and fell again Monday following the S&P 500 Index’s first back-to-back weekly loss in 2019.
Contracts on the S&P 500 Index dropped 0.2% as of 10:15 a.m. London time, after gaining as much as 0.5%, pointing to a lower opening. Nasdaq 100 futures dropped 0.3%, while those on the Dow Jones Industrial Average gauge fell 0.1%.
In Europe, the Stoxx 600 Index fell 0.6%, dragged down by tech shares that slid on the back of the U.S. administration’s ban on Huawei Technologies Co. Travel and leisure shares were down as Merlin Entertainments Plc dropped on a double downgrade and Ryanair Holdings Plc fell after its net profit slumped.
Source : Bloomberg