U.S. stocks: Futures slip; ADM in $3 billion deal Pullback after benchmarks hit record highs last week LONDON (MarketWatch) — U.S. stock futures pulled back Monday, as investors return from a long holiday weekend with major benchmarks sitting at record highs, and before the second-quarter earnings season gets rolling this week.
Futures for the S&P 500 (GLC:SPU4) lost 3 points to 1,975, while those for the Dow Jones Industrial Average (CBE:DJU4) fell 18 points to 16,958. Futures for the Nasdaq 100 (GLC:NDU4) fell 6 points to 3,910.50.
Investors will be able to ease into Monday’s session without confronting major economic data or assessing speeches from Federal Reserve members. The market did see fireworks Thursday after the June U.S. jobs report outstripped expectations, spurring the Dow Jones Industrial Average (DJI:DJIA) to close above the 17,000 level for the first time, and the S&P 500 index (SNC:SPX) to set a new closing high just north of 1,985.44. http://www.marketwatch.com/story/us-stocks-futures-slip-adm-in-3-billion-deal-2014-07-07
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