U.S. futures hold steady in thin trade; Dow Jones down 0.05%


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Investing.com - U.S. stock futures pointed to a steady open on Monday, as trading volumes were expected to remain thin with no major U.S. economic reports to be released throughout the session.

Ahead of the open, the Dow 30futures pointed to a 0.05% dip, S&P 500futures signaled a 0.09% loss, while the Nasdaq 100futures indicated a 0.03% downtick.

Apple (NASDAQ:AAPL) was expected to remain in focus, as shares gained 0.45% pre-market after diving over 85% at the previous session ahead of the tech giant's 7-for-1 stock split scheduled after the close of the trading day on Friday.

The telecom sector was also expected to be active, as top U.S. antitrust and communications enforcers warned that the wireless market is too concentrated after Sprint (NYSE:S) agreed last week to pay about $40 per share, or over $32 billion, for T-Mobile US (NYSE:TMUS).

In other news, Wal-Mart Stores (NYSE:WMT) made headlines after the retailer's President Bill Simon said in a statement that the company "will take full responsibility" if authorities determine its truck caused an accident involving comedian Tracy Morgan over the weekend.

A Wal-Mart truck driver was charged with death by auto and four counts of assault by auto in connection with the Saturday morning accident that critically injured actor Tracy Morgan and killed a fellow comedian.

Across the Atlantic, European stock markets were mixed to higher. The DJ Euro Stoxx 50 added 0.12%, France's CAC 40 dipped 0.03%, Germany's DAX edged up 0.09%, while Britain's FTSE 100 rose 0.27%.

During the Asian trading session, Hong Kong's Hang Seng advanced 0.73%, while Japan's Nikkei 225 rose 0.31%.

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This article appears in: Investing Forex and Currencies
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