US STOCKS-Futures lower ahead of economic data

martes 2 de agosto de 2016 07:41 GYT
 

* Futures down: Dow 14 pts, S&P 3.25 pts, Nasdaq 4.75 pts

By Yashaswini Swamynathan

Aug 2 (Reuters) - U.S. stock index futures were slightly lower ahead of a set of economic data, including a report on consumer spending, and as investors assessed earnings from major companies.

* Oil edged higher on Tuesday after falling by up to 10 percent in just one week, but investors remained concerned about oversupply weighing on prices.

* Robert Kaplan, president of the Dallas Federal Reserve, warned that a raft of global risks such as the Brexit vote could affect the United States and reiterated his stand for a gradual rise in interest rates.

* Wall Street closed lower on Monday as a drop in oil prices dragged down energy stocks.

* European stocks fell to two-week lows on Tuesday, while the yen rose against the dollar and government bonds sold off after Japan's cabinet approved a fiscal stimulus package to revive the flagging economy.

* A report on consumer spending is likely to show that consumption rose 0.3 percent in June, compared with a 0.4 percent rise in May. The data is due at 8:30 a.m. ET (1230 GMT).

* Auto manufacturers are due to release sales numbers for July. Total vehicle sales had fallen to 16.66 million in June from 17 million a year earlier, according to Autodata Corp.   Continuación...