US STOCKS-Futures fall on weak China data, Ukraine unrest

lunes 5 de mayo de 2014 07:54 GYT

* Pfizer's revenue below expectations

* JPMorgan shares fall premarket on revenue warning

* Futures off: Dow 62 pts, S&P 8 pts, Nasdaq 16 pts

NEW YORK, May 5 (Reuters) - U.S. stock index futures fell on Monday on concern China's economy continued to lose momentum and as pro-Russian separatists ambushed Ukrainian forces, escalating a conflict that has kept global markets on tenterhooks recently.

* China's manufacturing sector contracted for a fourth consecutive month in April, adding to concerns over the health of the world's second-largest economy. Output and new orders contracted last month, and new export orders slipped back into contraction after a recovery the previous month.

* Pro-Russian separatists ambushed Ukrainian forces on Monday, triggering heavy fighting on the outskirts of the rebel stronghold of Slaviansk a day after a Ukrainian police station in Odessa was stormed.

* Angela Merkel's spokesman said Germany believes a referendum planned by pro-Russian separatists in the eastern city of Donetsk next week would violate Ukraine's constitution and make the situation there even worse.

* Pfizer Inc added to the gloomy sentiment as the biggest U.S. drugmaker reported revenues well below analysts' expectations.

* S&P 500 e-mini futures fell 8 points and fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract, indicated a lower open. Dow Jones e-minis fell 62 points and Nasdaq 100 e-minis lost 16 points.   Continuación...