US STOCKS-Wall St to fall on weak global data, retail performance

lunes 1 de diciembre de 2014 10:22 GYT

* Oil futures hit 5-year low, slightly bounce back

* U.S. manufacturing data due after market opens

* Discounts, online buys hurt Thanksgiving weekend sales

* Futures down: Dow 35 pts, S&P 6 pts, Nasdaq 9 pts (Updates prices, adds comment)

By Rodrigo Campos

NEW YORK, Dec 1 (Reuters) - U.S. stocks were set to fall at the open on Monday as manufacturing growth across Asia and Europe eased in November, while retailers could be pressured as Thanksgiving weekend in-store sales failed to impress.

Oil prices have been volatile in morning trading, with both Brent and U.S. crude higher after hitting five-year lows. A further decline will likely drive energy sector stocks lower.

Markit's final November manufacturing Purchasing Managers' Index for the euro zone was 50.1, its lowest reading since June 2013 and down from a flash reading in mid-November of 50.4, despite price cuts made possible by tumbling input costs. New orders declined for a third month.

Early holiday promotions and rising online shopping took a toll on in-store U.S. sales during the Thanksgiving weekend as shoppers on average spent 6.4 percent less than they did a year earlier, according to data released Sunday by an industry group.   Continuación...