Stocks - U.S. Futures Mixed as Investors Pause on Veterans Day

  • Stock Market News
Stocks - U.S. Futures Mixed as Investors Pause on Veterans Day
Credit: © Reuters. – U.S. futures were mixed on Monday, as investors paused to take stock of equities after a volatile few weeks.

The S&P 500 futures fell 2 points or 0.07% to 2,777.0 as of 6:52 AM ET (11:52 GMT) while Dow futures were down 47 points, or 0.18%, to 25,926.0. Meanwhile tech heavy Nasdaq 100 futures increased 5 points, or 0.08%, to 7,036.75.

Trading is expected to be slower, with the U.S. bond market closed because of the Veterans Day holiday.

Real estate company Toll Brothers Inc (NYSE: TOL ) were among the top gainers in premarket trading, surging 2.66% amid news that Pendal Group increased its holding in the company by 41.7% in the third quarter. Facebook (NASDAQ: FB ) rose 0.26%, while semiconductor Micron (NASDAQ: MU ) gained 0.66% and American Airlines Group (NASDAQ: AAL ) was up 0.94%.

Alibaba (NYSE: BABA ) inched down 0.31%, as its Single’s Day posted the slowest increase of yearly growth in the event’s 10-year history. Still, the event took in a record $30.7 billion in sales.

General Electric (NYSE: GE ) fell 0.93% while Advanced Micro Devices Inc (NASDAQ: AMD ) decreased 0.62% and Apple (NASDAQ: AAPL ) lost 0.49%. Ford Motor Company (NYSE: F ) slipped 1.49% after the Financial Times reported that the company is open to working with rivals to expand self-driving services globally.

On the central banking front, Federal Reserve San Francisco President Mary Daly speaks in Idaho at 2:30 PM ET (19:30 GMT).

In commodities, gold futures inched up 0.04% to $1,206.90 a troy ounce while crude oil futures increased 0.48% to $60.48 a barrel. The U.S. dollar index which measures the greenback against a basket of six major currencies, was up 0.57% to 97.29.

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