NEW YORK (Reuters) - Futures contracts on stock indices fell Monday in low volume after the S & P 500 four-year closing high last week and after the Group of 20 leading economies said on Europe must s' commit more money to fight against the debt crisis of the EU before seeking wider support.
The S & P 500 rose more than 8 percent this year. He was stuck in a tight range between 1355 and 1370 while expectations for a withdrawal is offset by a continuous line of data pointing to a strong economic recovery in the United States, including in the key housing and labor markets.
The ministers said the major economies of Europe, he must pay extra money if she wants to help the rest of the world, accumulating pressure on Germany to abandon its opposition to a larger fund plan Rescue EU.
Art Hogan, chief executive of Lazard Capital Markets in New York, said little in terms of economic data to guide the market, investors are in a "wait and see mode" regarding how much Europe is willing to put in place to insulate its economy.
S & P 500 futures fell 6.5 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration of the contract. Dow Jones industrial average futures lost 45 points and Nasdaq 100 futures fell 10.5 points.
Through Friday, the 461 S & P 500 companies that reported earnings for the quarter by 63 percent the most recent beat analyst expectations. More than 20 companies in the index are required to report results this week.
Lowe Cos., the world's second largest chain of home improvement, reported more than expected quarterly sales, and its shares rose 2 percent to $ 27.70 in premarket trade.
The evolution of oil prices eased slightly as Brent and futures U.S. crude fell more than 1 percent, retreating from recent highs caused by disruption of worries over Middle East supplies.
Still, some analysts have warned consistently high oil prices could take a blow to the global economic recovery.
The National Association of Realtors issues pending home sales data for January at 10 am Economists expect an increase of 1.0 percent, compared with a decline of 3.5 percent the previous month .
The S & P 500 rose on Friday to close at highest level since before the collapse of Lehman Brothers in 2008, continuing a trend of steady gains on signs of a more solid economic recovery in the U.S..
The S & P 500 rose more than 8 percent this year. He was stuck in a tight range between 1355 and 1370 while expectations for a withdrawal is offset by a continuous line of data pointing to a strong economic recovery in the United States, including in the key housing and labor markets.
The ministers said the major economies of Europe, he must pay extra money if she wants to help the rest of the world, accumulating pressure on Germany to abandon its opposition to a larger fund plan Rescue EU.
Art Hogan, chief executive of Lazard Capital Markets in New York, said little in terms of economic data to guide the market, investors are in a "wait and see mode" regarding how much Europe is willing to put in place to insulate its economy.
S & P 500 futures fell 6.5 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration of the contract. Dow Jones industrial average futures lost 45 points and Nasdaq 100 futures fell 10.5 points.
Through Friday, the 461 S & P 500 companies that reported earnings for the quarter by 63 percent the most recent beat analyst expectations. More than 20 companies in the index are required to report results this week.
Lowe Cos., the world's second largest chain of home improvement, reported more than expected quarterly sales, and its shares rose 2 percent to $ 27.70 in premarket trade.
The evolution of oil prices eased slightly as Brent and futures U.S. crude fell more than 1 percent, retreating from recent highs caused by disruption of worries over Middle East supplies.
Still, some analysts have warned consistently high oil prices could take a blow to the global economic recovery.
The National Association of Realtors issues pending home sales data for January at 10 am Economists expect an increase of 1.0 percent, compared with a decline of 3.5 percent the previous month .
The S & P 500 rose on Friday to close at highest level since before the collapse of Lehman Brothers in 2008, continuing a trend of steady gains on signs of a more solid economic recovery in the U.S..
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