Futures Mixed in Very Light Trading
Stock futures are mixed in light trading with little scheduled in the way of corporate earnings or economic indicators.
Dow Jones industrial futures are down 5 points to 15,398. S&P futures have lost less than a point to 1,701.50. Nasdaq futures are up a point to 3,217.50.
There was some positive news out of China Monday as a manufacturing survey in the world’s second largest economy found that activity rose to a six-month high in August.
Shares of Blackberry are falling sharply, down 5 percent in premarket trading, after the smartphone maker acknowledged Friday that its latest phones had failed to revive the troubled brand.
The U.S. housing market will be in focus this week with Standard & Poor’s/Case-Shiller home price index being released Tuesday, along with earnings from major builders.