U.S. Stock Index Futures Slip as G-20 Summit Euphoria Fizzles
- S&P 500 futures pare most of the gain driven by trade truce
- European stocks slip, led lower by autos, techs, industrials
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U.S. stock-index futures fell as investors said the trade truce between the U.S. and China lacked detail. European equities declined, pulled down by auto stocks. Oil rose before OPEC, facing oil market and political turmoil, is set to meet in Vienna on Thursday to decide on 2019 oil production.
December contracts on the S&P 500 Index were down 0.4 percent at 04:05 a.m. in New York after the underlying gauge rose a second day on Monday. Futures on the Nasdaq 100 Index and Dow Jones Industrial Average were down 0.6 percent and 0.5 percent, respectively. The Stoxx Europe 600 index was down 0.3 percent.