NEW YORK (Reuters) – Stock index futures pointed to a lower open for equities on Wall Street on Monday, with futures for the SP 500, the Dow Jones and the Nasdaq 100 down 0.2 to 0.5 percent.
The Conference Board releases its employment trend index for January at 10 a.m. ET. In the previous report, the index read 104.3.
General Motors (GM.N) aims to raise its profit margin to 10 percent over the next few years, up from the current margin of about 6 percent, Daniel Ammann, chief financial officer, told the Wall Street Journal in an interview.
On the earnings front, profit at Yum Brands (YUM.N) is expected to rise to 74 cents per share, from 63 cents per share, in the restaurants operator’s quarterly report.
Other U.S. companies reporting results include Hasbro (HAS.O), Humana (HUM.N), Pioneer Natural Resources (PXD.N), Dun and Bradstreet Corp (DNB.N) and Anadarko (APC.N).
NYSE Euronext (NYX.N) plans to focus on smaller deals and returning capital to its shareholders after its failed $7.4 billion merger with Deutsche Boerse, the company’s chief executive said on Friday.
Rockwood Holdings Inc (ROC.N) announced major expansion to double its lithium production capacity.
U.S. Federal Reserve Bank of St. Louis President James Bullard speaks at 11 a.m.
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