US STOCKS-Futures fall as investors eye oil meet, presidential debate

lunes 26 de septiembre de 2016 07:35 GYT
 

* Futures down: Dow 93 pts, S&P 10.25 pts, Nasdaq 29 pts

By Yashaswini Swamynathan

Sept 26 (Reuters) - U.S. stock index futures were lower on Monday amid a volatile oil market and ahead of the first U.S. presidential debate.

* Investors are awaiting a highly anticipated face-off between presidential candidates Hillary Clinton and Donald Trump at 9:00 p.m. ET (0100 GMT) in the run-up to the Nov. 8 election.

* A Reuters/Ipsos poll on Monday showed half of the country's likely voters will rely on the debate to make their choice.

* Oil prices rallied in volatile trading as the world's largest producers gathered in Algeria to potentially work out a plan to limit output.

* Investors are also awaiting the upcoming corporate earnings season, which will test lofty stock valuations. The benchmark S&P 500 index is trading at 17.3 times forward earnings compared with the 10-year median of 14.3, according to StarMine data.

* Faced with a string of lackluster economic data, the Fed decided to keep rates unchanged last week, but left the door open for a possible hike in December.

* A report on Monday is likely to show new single-family home sales dropped 8.8 percent to 600,000 in August from the month earlier. The data is due at 10:00 a.m. ET.   Continuación...