U.S. Stock Futures Slip Ahead of Retail Data

U.S. stock futures fell ahead of earnings reports from major retailers and July retail sales figures.

Futures on the S&P 500 were down 0.6% and futures on the Dow Jones Industrial Average declined 0.6%. Changes in equity futures don’t necessarily predict movements after the opening bell.

European stocks fell Tuesday for a two-day losing streak. The Stoxx Europe 600 shed 0.5% in morning trade dragged down by declines in energy and utilities sectors.

The U.K.’s FTSE 100 was lower 0.3%. Other stock indexes in Europe also mostly slipped as France’s CAC 40 lost 0.6%, the U.K.’s FTSE 250 was down 0.4% and Germany’s DAX declined 0.5%.

The euro and the British pound depreciated 0.1% and 0.2% respectively against the U.S. dollar. Meanwhile, the Swiss franc was flat against the dollar, with 1 franc buying $1.10.