Stock Futures Slip to Start the Week

Stock futures ticked lower, suggesting major indexes would resume their downward trajectory after Wall Street stocks got a bump on Friday but still closed the week with losses.

S&P 500 futures slipped 0.7% and Dow Jones Industrial Average futures declined 0.5%. The contracts don’t necessarily predict moves after the opening bell.

In Europe, the Stoxx Europe 600 was down 0.3% in morning trade. Materials and information technology sectors notched the biggest losses while communication services and utilities sectors rose.

The U.K.’s FTSE 100 shed 0.4%. Other stock indexes in Europe also mostly fell as France’s CAC 40 lost 0.5%, the U.K.’s FTSE 250 was lower 0.4% and Germany’s DAX was lower 0.2%.

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