U.S. stock futures signal losses; housing data eyed

* U.S. stock index futures pointed to a lower open on Wall
Street on Monday following the previous session’s late rally,
with futures for the S&P 500 (SPc1: ) down 0.68 percent, Dow Jones
(DJc1: ) futures down 0.52 percent and Nasdaq 100 (NDc1: ) futures
down 0.43 percent at 0830 GMT.

* European shares were flat in morning trade, as a rebound
in mining shares was offset by worries in the banking sector
after the Bank of Spain took over the running of Spanish savings
bank CajaSur. [.EU]

* Japan’s Nikkei average fell 0.3 percent to its lowest
close in more than five months as investors remained wary about
taking on more risky assets without assurance that a recent
stock slide is over. [.T]

* Oil snapped three straight sessions of declines and
slightly rose above $70 a barrel on Monday, but analysts said
sentiment remains fragile and prices could again be hit by
macroeconomic pessimism.

* Investors will keep an eye on the National Association of
Realtors’ existing home sales data for April, due at 1400 GMT,
for fresh insight on the outlook for the economy.

* China struck a conciliatory note at the opening of talks
with the United States by vowing to spur domestic demand and
keeping a guarded opening to exchange rate reform, which the
Obama administration says is needed to rebalance the global
economy. [ID:nNTOE64M02]

* Marriott International Inc (MAR.N: ), the largest U.S. hotel
chain, aims to double the number of Marriott brand hotels in
China within five years and intends to introduce a lower-priced
hotel brand in the near future.

* Equity One Inc (EQY.N: ) said on Sunday it would buy Capital
Shopping Centres Group Plc’s (CSCG.L: ) U.S. unit in a $258.3
million deal, helping the U.S. shopping center owner expand into
California.

* U.S. stocks (Read more about the stock market today. ) snapped a three-day losing streak on Friday as
investors bought beaten-down shares including banks on bets the
financial regulation bill won’t be as onerous as some had
feared.

* The Dow Jones industrial average (.DJI: ) gained 125.38
points, or 1.25 percent, to 10,193.39. The Standard & Poor’s 500
Index (.SPX: ) jumped 16.10 points, or 1.50 percent, to 1,087.69.
The Nasdaq Composite Index (.IXIC: ) rose 25.03 points, or 1.14
percent, to 2,229.04.

Investing

(Reporting by Blaise Robinson; Editing by David Holmes)

U.S. stock futures signal losses; housing data eyed