Stock Futures Slip as Traders Look to Take Profits

Among financial firms, Goldman Sachs (GS Quote) ended discussions with Panasonic (PC Quote) about a potential sale of Goldman's stake in Sanyo. Goldman cited concerns about the price and deal structure as it walked away.

In the commodities space, crude oil was rising $1.05 to $51.82 a barrel. Gold was slipping $3 to $813.50.

Longer-dated U.S. Treasury securities were rising in price. The 10-year was adding 28/32 to yield 3.01%, and the 30-year was up 1-18/32, yielding 3.54%. The dollar was higher vs. the euro and pound but softening against the yen.

Globally speaking, European exchanges such as the FTSE in London and the DAX in Frankfurt were trading lower. In Asia, Japan's Nikkei closed with losses, and Hong Kong's Hang Seng ended with gains.