This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Market Hustle: Stock Futures Fall Amid Ukraine Tensions, Soft China Data

NEW YORK (TheStreet) -- U.S. stocks futures were edging lower Monday as tensions in Ukraine continued to heat up and manufacturing in China shrank for a fourth straight month.

  • Dow Jones Industrial Average futures were down 65 points, or 0.4%, to 16,382. S&P 500 futures were down 7.5 points, or 8.24 points below fair value, to 1,867. Nasdaq futures were off 17 points, or 17.17 points below fair value, to 3,562.25.
  • The ISM Non-Manufacturing Index for April is expected for release at 10 a.m. EDT. An increase to 54.1 from 53.1 is expected. The Markit PMI services index for April is scheduled for 9:45 a.m.
  • Pfizer (PFE) reported first-quarter earnings of 57 cents a share on revenue of $11.29 billion. AstraZeneca  (AZN) on Friday rejected Pfizer's sweetened bid that values AstraZeneca $106 billion.
  • Target (TGT) CEO Gregg Steinhafel stepped down as the reverberations from last year's data breach continued to rock the retailer.
  • Tensions in Ukraine heightened over the weekend as pro-Russian militants burst into a Ukrainian police station in Odessa on Sunday, freeing about 70 activists.
  • The DAX in Germany was down 1.23% and the Hong Kong Hang Seng was down 1.28%. Markets in London on Tokyo were closed for public holidays.
  • Manufacturing in China contracted in April for the fourth straight month, according to the HSBC's purchasing managers' index released on Monday.
  • U.S. stocks closed lower Friday, erasing early gains after April's jobs report showed a falling work force participation rate. The United Nations held an emergency meeting over Ukraine as tensions rose in the region.

-- By Andrea Tse in New York

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,067.56 -30.89 -0.18%
S&P 500 2,002.28 -1.09 -0.05%
NASDAQ 4,598.1880 +17.9170 0.39%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs